Table of contents
Undertaking i
Certificate iii
Acknowledgments v
Abstract vii
Table of contents xi
List of figures xiii
List of tables xv
1 Background and need for the study 1
2 Research aim, question, objectives, scope & limitations 5
2.1 Research aim 5
2.2 Research question 5
2.3 Objectives 5
2.4 Scope & limitations 5
3 Research design and methods for each objective 6
3.1 Research design 6
3.2 Methods for each objective 7
4 Literature study 9
4.1 Government policies 9
4.1.1 Value capture policy framework 2017, MoHUA 9
4.1.2 Transit Oriented Development (TOD) policy 2017, MoHUA 11
4.1.3 Metro rail policy 2017, MoHUA 12
4.1.4 Conclusion for government policies 13
4.2 Case studies 13
4.2.1 London Crossrail 13
4.2.2 Hong Kong metro 16
4.2.3 Nagpur metro 17
4.3 Factors affecting value capture at various levels in Indian cities 19
4.3.1 Factors affecting at macro level 20
4.3.2 Factors affecting at micro level 21
4.3.3 Conclusion for factors affecting value capture at macro & micro level 21
4.4 Key parameters affecting execution of value capture 22
5 Preliminary expert interviews 24
6 Value capture for MRTS in Pune city 26
6.1 Summary of Pune metro 26
6.2 Value capture strategies in Pune metro DPR 28
6.3 Current situation in Pune 30
6.4 Assessment of implementation of value capture in Pune 32
6.5 Disconnect between various government agencies in Pune 33
6.6 Limitations of TOD regulations in Pune 36
7 Findings and conclusion 40
7.1 Adequacy of the current value capture framework in India 40
7.2 Shortcomings in value capture practices for MRTS in India 41
7.3 Gaps in execution of value capture for MRTS in Pune city 41
7.4 Conclusion 43
7.5 Further study questions & way forward 44
References 47
Appendix 1: Key-person interview questionnaire 49
Appendix 2: Interview details 52