This study is being conducted by Urban Mass Transit Company (UMTC) for the Ministry of Housing and Urban Affairs (MoHUA). The study aims to identify the barriers for Value Capture Financing based on the ‘Beneficiaries Pay’ principle. Value Capture Finance is a financing tool which enables government bodies to capture the increase in land value around urban infrastructure, to reinvest in the existing project and future projects.

The Urban Lab is appointed by UMTC as a consultant for review and assessment of barriers for value capture financing on ‘beneficiaries pay’ principle in capital intensive urban and regional rapid transit systems. Scope of work includes review of existing practices, assessment of land value capture tools based on the beneficiary’s pay principle, undertaking two international and two national case studies, identifying barriers in implementation, and recommending a framework to mitigate barriers.

Services
Stakeholder interaction
Secondary data analysis
Case study analysis

Period
September 2022 – October 2023