Abstract:

This document is the first knowledge product developed as a part of the technical assistance. It emphasizes the importance of Value Capture Financing (VCF) and the role it plays in implementation of Transit Oriented Development (TOD).

It also covers the process of identification, demarcation and area estimation of Influence Zones around transit stations and Special Development Areas identified in the vicinity and talks about different instruments that can be used for VCF, their enforcement and regulatory mechanisms by detailing out the strategy followed for Delhi-Ghaziabad-Meerut RRTS.