Monitoring the Spatial Structure of land valuesin Lahore Metropolitan area


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Article type :

Original article

Author :

Ayesha Khalid Shams Ur Rehman

Volume :

2

Issue :

4

Abstract :

Spatio-temporal variations in assessment of land values play a vital role in better urban planning and policy making. Thisstudy focuses on spatialstructures ofland valuesin Lahore metropolitan area by using different spatial and statistical techniques. The comparative analysis of land valuesfor the years 2012 & 2018 is generated which is useful for planners, investors, and policy makers. The research is descriptive but explanatory in nature to show correlation between independent variables(real land values) and dependent variables(interpolated land values).Theinterpolationtechniqueswhichhavethehighestcorrelationcoefficient,wereused furtherprocessing.Theintercategoryshiftbasedoninterpolationmapsforcomparisonshows categoricalshiftwhichisusefulforinvestorsinfuture.The resultsindicate thatthe landvalues are higher in Central Business District and Gulberg Zone because of highly active business zone which increasesthe demand of the land which is ultimately increasing the value of land in Lahore metropolitan area.

Keyword :

Land values perMarla;CentralBusinessDistrictLahore;AccuracyAssessment; Correlation Coefficient and Interpolation.
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