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Transportation Hub as an Urban Magnet: A Case of Nagpur Metro
Public transportation networks have the potential to act as urban magnets, catalyzing growth and development inside cities. The paper investigates the Nagpur Metro in India and how it is drawing travelers, real estate investment, and urban renewal initiatives. First, an overview of how transportation hubs act as magnets that boost, employment opportunities, trade, and property values is given. The impact of the Nagpur Metro on connectivity, local economy, ecology, and real estate in Nagpur is then examined. Forecasts of metro ridership demonstrate the system's capacity to entice residents as well as visitors. Studies of two metro stations in Nagpur show clear effects on land value and land use, with property values rising by up to 50% as a result of the metro's construction. Additionally, the metro is reducing the city's traffic jams and pollutants from vehicles. The study analyzes these advantages as well as legislative considerations to ensure equitable transportation improvements. The Nagpur Metro serves as a concrete example of how strategic transportation investments can spur development. The paper adds a ground-level analysis of the growth and changes that can be directly linked to a metro system acting as an urban magnet.
Transportation Hub as an Urban Magnet: A Case of Nagpur Metro
Public transportation networks have the potential to act as urban magnets, catalyzing growth and development inside cities. The paper investigates the Nagpur Metro in India and how it is drawing travelers, real estate investment, and urban renewal initiatives. First, an overview of how transportation hubs act as magnets that boost, employment opportunities, trade, and property values is given. The impact of the Nagpur Metro on connectivity, local economy, ecology, and real estate in Nagpur is then examined. Forecasts of metro ridership demonstrate the system's capacity to entice residents as well as visitors. Studies of two metro stations in Nagpur show clear effects on land value and land use, with property values rising by up to 50% as a result of the metro's construction. Additionally, the metro is reducing the city's traffic jams and pollutants from vehicles. The study analyzes these advantages as well as legislative considerations to ensure equitable transportation improvements. The Nagpur Metro serves as a concrete example of how strategic transportation investments can spur development. The paper adds a ground-level analysis of the growth and changes that can be directly linked to a metro system acting as an urban magnet.
Transportation Hub as an Urban Magnet: A Case of Nagpur Metro
Sustain. Civil Infrastruct.
Goswami, Arkopal Kishore (editor) / Aithal, Bharath Haridas (editor) / Maitra, Swati (editor) / Banerjee, Ankhi (editor) / Joshi, Mrunalini (author) / Kapshe, Manmohan (author)
Annual Conference on Infrastructure and Built Environment: Towards Sustainable and Resilient Societies ; 2023 ; West Bengal, India
Infrastructure and Built Environment for Sustainable and Resilient Societies ; Chapter: 1 ; 3-18
2024-05-12
16 pages
Article/Chapter (Book)
Electronic Resource
English
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