Urbanization | VOL. 15, ISSUE 88, January-February 2015

Land Acquisition and Urbanisation

Land is a vital component in the economic process and an important asset. Everyone needs some land to live and work on. Its ownership pattern and its use largely determine the structure of the economy and shape economic processes. In the process of urbanisation, the land hitherto used for agricultural and allied purposes, is put to non-agricultural uses such as housing, commercial infrastructure, public utilities and the like. When rural land is converted into urban land, it commands far greater...

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