Transit-Oriented Development & Value Capture Finance

-
Type
How-To-Guide
-
Includes:
Report
-
Published
July 2023
-
Tags
TOD
Non-Motorized Transport/Active Transport Planning
Increasing Liveability and Efficiency by Promoting Compact, Human Centred Development and Capturing Value for Financial Viability of Transit Systems
National Capital Region Transport Corporation (NCRTC) – a joint venture company of Govt of India and States of Delhi, Haryana, Rajasthan and U.P, under the administrative control of Ministry of Housing and Urban Affairs (MoHUA), is mandated as the nodal agency for implementing the RRTS projects across NCR. Delhi-Ghaziabad-Meerut RRTS is the first corridor being implemented by NCRTC. The project is envisioned to be beneficial for the development of the region and help connect townships and centers of economic activity that are planned along the corridor. Integrated mixed-use growth centers along the Delhi-Ghaziabad-Meerut RRTS are expected to be a step in the right direction to optimize the use of transit corridor as well as offer long term solutions to the problems being faced by NCR at the present.