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Determinants of Residential Choice and Land Price in the City of Rajkot, India

Munshi, Talat

Publication date:2018

Document VersionPublisher's PDF, also known as Version of record

Link back to DTU Orbit

Citation (APA):Munshi, T. (2018). Determinants of Residential Choice and Land Price in the City of Rajkot, India. Abstract fromAESOP: Annual Congress, Gothenburg, Sweden.

Determinants of Residential Choice and Land Price in the City of Rajkot, India

Contents

City Prof i leBackgroundResu l t s

City Profile

R a j k o t . . . .

Source: Wikipedia & www.dialuz.com

Location

Figure 1: Location of Rajkot in Gujarat state, India.

(Source: India POLITICAL (mapsofindia )

5

City Profile

RUDA

RMC Area : 104.86 Sq. Km

RUDA Area : 483 Sq. Km

NH 8A

SH 23

SH 24

SH 25

NH 8A

Towards Ahmedabad

218 km

Towards Gondal40 km

Towards Bhavnagar174 km

HighwaysArterial Roads

Towards Jamnagar90 km

TowardsPorbandar181 km

Towards Morbi60 km

City Profile

Added 6.5 Lakh populationIn TWO decades

Demography

The last two decades have seen a sudden spurt in population

This is because of the emergence of Rajkot as a major industrial production hub.

City Profile

RajkotVadodara

Ahmedabad

Bhavnagar

Surat

Jamnagar2.5%

4.7%

2.1%

1.1%

1.3%

- 0.5%

Demography

22nd in the world,

In terms of growth rate, Rajkot city is 06th in the country, and

02nd in the state.Source: http://www.citymayors.com/statistics/urban_growth1.html

8

City Profile

Demography

Age Groups

MaleFemale

Alm

ost

50%

With a major chunk of the population in the productive

20-45 age bracket, Rajkot has the chance to grow even faster.

9

City Profile

Transport Characteristics

Vehicular Growth Trends in Rajkot(2001-2011)

Growing numbers of motorized two-wheelers and

four-wheelers on Rajkot roads- a sign of rising affluence.

10

Survey

Survey

2848Household surveys to

find out socio-demographic data

and travel behaviour

Inventory surveys to identify

pedestrian facilities

on arterial and sub-arterial roads.

Inventory surveys to identify

NMT facilities on arterial and sub-

arterial roads.

Surveys to identify cycle rickshaw and

auto inventory.

PT , Speed and Delay, Traffic Safety Data, Registered vehicles,

Pollution and emission data from

RMC, RTO, GPCB, City Police

Surveys to identify inventory for private motorized vehicles.

Classified Volume Counts on major

junctions

Freight OD Primary Surveys

3000vehicles

Petrol Pump SurveyAir and noise level

survey

Case Study – Rajkot – Stakeholder Consultation

14

Case Study – Rajkot – Stakeholder Consultation

Scenario development

15

Case Study – Rajkot – Stakeholder Consultation

Scenario development

39

Residence

Shop

Transport Space

Work

$1500/ Sq. Mt

$6000/ Sq. Mt$2000/ Sq. Mt

?????

Low Carbon comprehensive Mobility Plan, Rajkot

16

17

Low Carbon comprehensive Mobility Plan, Rajkot

18

Low Carbon comprehensive Mobility Plan, Rajkot

19

Low Carbon comprehensive Mobility Plan, Rajkot

21

Residential Choice ModelHouse Type Parameter B Std. Error Exp(B)

Intercept 1.614 0.29

N-Highway 8B -0.305 0.09 0.737Race course road -0.011 0.16 0.989Kalavad road -0.574 0.135 0.563Raiya road 0.118 0.127 1.125Bhavnagar raod 0.559 0.118 1.749Ringroad-West 0.178 0.12 1.195Kuvadava raod 0.101 0.093 1.106

No. of Household members 0.005 0.045 1.005No. of Graduates in the household 0.599 0.127 1.82Muslims -0.417 0.207 0.659

Job Accessibility 0.007 0.008 1.007Distance to recreation 0.031 0.026 1.032Intercept -0.739 0.386

N-Highway 8B 0.258 0.12 1.294Race course road -0.553 0.229 0.575Kalavad road -0.817 0.158 0.442Raiya road 0.442 0.164 1.556Bhavnagar raod -0.024 0.17 0.976Ringroad-West 0.428 0.151 1.535Kuvadava raod 0.709 0.182 2.031

No. of Household members -0.235 0.063 0.791No. of Graduates in the household 0.888 0.136 2.431Muslims -0.885 0.347 0.413

Job Accessibility 0.022 0.009 1.022Distance to recreation -0.063 0.038 0.939

a. The reference category is: Kuchha House.

Cox and Snell 0.228

Nagelkerke 0.301McFadden 0.177

Accessibility

Accessibility

Pseudo R-Square

Independent House

Apartment

Socio Demographics

Distance from main road

Socio Demographics

Distance from main road

Land ValueCategory Variable Coefficient Std.Error Sig.

Log_Land Price 0.441 0.022 0.000Constant 0.940 0.116 0.000Household members 0.026 0.004 0.000Household members graduates

0.023 0.006 0.000

Retired Members in Household

0.003 0.013 0.000

No. of Computer owned

0.276 0.019 0.000

Internet connection 0.817 0.024 0.000No. of rooms 0.026 0.007 0.006No. of floors 0.006 0.007 0.004No. of toilets 0.060 0.012 0.008Distance to Recreation 0.005 0.002 0.000Distance to Garden 0.006 0.003 0.000Potential job accessibility

0.003 0.002 0.000

F 0.006 0.001 0.000Travel time shopping 0.003 0.002 0.021Footpath Density -0.002 0.001 0.007Gaurav-Racecourse 0.010 0.008 0.018Kalavad -0.038 0.006 0.050Bhavnagar -0.007 0.004 0.012

R-squared : 0.499646 Log likelihood : -398.77

Spatial lag

Housing characteristics

Location characteristics

Proximitty to Roads

Household characteristics

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