An implementation of nominal asset based land readjustment

Yomralioglu, Tahsin et al.

The land-use problems confronting urban areas are usually traced to rapid urbanization and massive urban growth in the recent decades. Such changes will result in a need for significant acquisition of urban land for public purposes such as, roads, schools, hospitals, parks. In order to provide new services as rapidly as they are needed to support rapid urbanization local government authorities apply Land Readjustment (LR) which is one of the most important tools in planning process. The determination of land valuation factors is essential in a LR project. In a value-based LR project, the main aim is to give back a new land parcel to a landowner with the same value as that owned before the project. For this purpose, using GIS, some land valuation criteria which can affect the total perceived value of a land parcel are spatially examined and value parameters are determined from the combination of these criteria. This approach is called as Nominal Asset Based Land Readjustment (NABLR)). In this study, NABLR approach has been applied and examined in a pilot project area in the city of Trabzon, Turkey. In this content value distribution of land is obtained with different parameters by formulating some criteria of land values, to find out the unit value of land using nominal land valuation method rather then the prices determined by market conditions. Nominal unit values determined as a function of the factors that affect the value of the land were dealt as pixel based and the implementation of the model was carried out for LR. The parametric criteria used in expression of land values in pixel units were obtained by choosing a combination of factors of land value by utilizing the characteristics of spatial analysis of GIS.

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