The Impact of Mass Transit System on Property Values in India

2015 ◽  
Author(s):  
Jim Berry ◽  
Anil Kashyap
Keyword(s):  
Property Values ◽  
Mass Transit ◽  
Transit System ◽  
The Impact

The Impact of Public Mass Transit on the Operating Income of Professional Sports Franchises in the United States: A Preliminary Analysis for the NFL, MLB, and NBA

1997 ◽  
Vol 11 (4) ◽  
pp. 335-342 ◽  
Author(s):  
Richard J. Cebula ◽  
Richard Austin ◽  
Kimberly Wildener ◽  
Willie J. Belton
Keyword(s):  
Professional Sports ◽  
Mass Transit ◽  
The United States ◽  
Ordinary Least Squares ◽  
Excess Capacity ◽  
Transit System ◽  
Operating Income ◽  
Ticket Prices ◽  
The Impact ◽  
Least Squares Estimates

This study finds that, due to the timing of games and excess capacity considerations regarding public mass transit, a more functional/usable mass transit system may benefit NFL franchise-operating income but may be nonbeneficial to NBA and MLB franchise incomes. The empirical results were obtained using ordinary least squares estimates for 1993 and allow for a variety of factors, including ticket prices, population size, win/loss records, and stadium/ arena size.

scholarly journals Analyzing the Influence of Metro Stations on Commercial Property Values in Delhi: A Hedonic Approach

2021 ◽  
Vol 29 (4) ◽  
pp. 10-22
Author(s):  
Shaleen Singhal ◽  
Yogesh Tyagi
Keyword(s):  
Property Values ◽  
Commercial Real Estate ◽  
Hedonic Price ◽  
Transit System ◽  
Commercial Property ◽  
Hedonic Price Analysis ◽  
Before And After ◽  
Blue Line ◽  
Planning And Construction ◽  
The Impact

Abstract The effect of proximity to a transit system on property values has become a key issue of debate regarding public infrastructure and economic development. This article aims to examine the impact of selected stations along the Blue line of Delhi Mass Rapid Transit System (MRTS) on commercial property prices. The research analyzed 1,413 commercial property parcels sold before and after the commissioning of Blue line in 2005. Hedonic Price Analysis (HPA) was used to estimate the effects of proximity to the metro rail on commercial property values. The method was applied to two time periods, i.e., from 2000-2004 and 2005-2008, coinciding with planning and construction (pre-commissioning phase and the operation phase (post-commissioning phase) of metro rail using actual sale prices of commercial units. The results indicate that a station node shows a negative trend during the planning and construction period. However, the operation period has produced a significant price premium associated with commercial properties, connected with improved accessibility. The coefficients indicate that MRTS has induced an increase in prices from INR 732.80 to INR 246.19, and its radius of impact covers an area of approximately 1/2 km from the stations. The methodology and results provide insight with a specific focus on commercial real estate values in other metropolitan cities developing and expanding MRTSs.

Impact of Urban Rail Transit on Residential Property Values in Hangzhou

2014 ◽  
Vol 580-583 ◽  
pp. 1306-1310
Author(s):  
Lian Fa Ruan ◽  
Jing Ping Yin
Keyword(s):  
Property Values ◽  
Positive Influence ◽  
Hedonic Pricing ◽  
Urban Rail Transit ◽  
Residential Property ◽  
Rail Transit ◽  
Transit System ◽  
Urban Rail ◽  
Residential Property Values ◽  
The Impact

This research investigates the impact of the first metro line (Line 1) in Hangzhou on its station-area residential property values. A hedonic pricing model shows that Line 1 had a statistically significant and positive effect on residential prices in its operation period. Compared with its construction phase, the impact did not change significantly, indicating that metro rail transit had a long-term positive influence on the station-area property values. These findings suggest that such capitalization is likely to lead to high-density and transportation-oriented development. While planning the urban rail transit system, such impact should be fully considered.

The impact of mass transit schedules on the modal split

2018 ◽  
Vol 120 ◽  
pp. 93-109
Author(s):  
Szymon Fierek ◽  
Hanna Sawicka ◽  
Piotr Sawicki
Keyword(s):  
Impact Analysis ◽  
Travel Demand ◽  
Mass Transit ◽  
Traffic Model ◽  
Transit System ◽  
Journey Time ◽  
Modal Split ◽  
Traffic Conditions ◽  
System A ◽  
The Impact

The paper deals with the problem of the impact analysis of mass transit system timetables parameters on the modal split, which is reflected in a traffic model. A typical criterion of selecting transport mode in this kind of model is a journey time, which is mostly moderated by an individual transport. It mostly results from infrastructure parameters and the travel demand, both defining the traffic conditions in the whole transport network. Considering mass transit system, a journey time derivates from timetable (or frequency of running), which is first defined by the operator and then reflected in the traffic model. As a consequence, this modelling practice makes the journey time via mass transit system independent from general traffic volume reflected in the model. Thus, the authors have started a pilot study on this phenomenon. They have proposed a relationship between an acceptable change in traffic conditions of the traffic model and a resulted difference of a journey time of public transport vs. individual one. On this basis, the concept of a stable modal split was formulated, and it is experimentally tested.

scholarly journals The impact of urban sprawl on journey to work times for mass transit and all other commuters in the United States: A research note

2016 ◽  
Vol 26 (2) ◽  
pp. 59-68
Author(s):  
Thomas E Lambert ◽  
Hokey Min ◽  
Kyle Dorriere
Keyword(s):  
United States ◽  
Urban Sprawl ◽  
Local Level ◽  
Mass Transit ◽  
The United States ◽  
Research Note ◽  
Transit System ◽  
Transit Systems ◽  
Journey To Work ◽  
The Impact

As government budgets get tighter, there has been considerable public outcry about the continued investment in public mass transit systems and their financial viability. Amid this outcry, a number of studies have been conducted to determine which factors influence the use and efficiency of publiclyfunded mass transit systems. These factors include population density and less sprawl (or greater urban compactness). However, their impact on mass transit usage is somewhat contradictory in that the heavy concentration of populations in the urban area and greater compactness is believed to increase mass transit usage due to a bigger number of potential passengers. In fact, greater compactness and greater transit ridership have played a role in lengthening the journey to work for most commuters and thus discouraged the use of mass transit systems. Thus, some questioned the wisdom of mass transit subsidies and “smart growth” policies. To attempt to answer this question and avoid any further confusion, this paper examines how urban sprawl affects the journey to work commute time of mass transit riders and other commuters throughout the United States after controlling for variables such as the volume of ridership, local per capita income, the presence of a local rail transit system, and local weather. The findings for this research note defy some conventional wisdom and point to several public policy recommendations on how to improve public mass transit at the local level. For instance, we find that greater urban compactness can be turned into a mass transit advantage if mass transit riders can use a commuter rail option.

MODEL DISTRIBUSI PERJALANAN PENDUDUK UNTUK PENENTUAN KORIDOR ‘LRT’ DI PULAU BATAM

2013 ◽  
Vol 12 (3) ◽  
Author(s):  
Djoko Prijo Utomo
Keyword(s):  
Network Performance ◽  
Travel Demand ◽  
Mass Transit ◽  
Distribution Model ◽  
Economic Activities ◽  
Transit System ◽  
Trip Distribution ◽  
Home Interview ◽  
Interview Survey ◽  
Private Car

In consequence of the increasing of regional economic activities in Pulau Batam, a reliable transportation system is required. Decreasing road network performance as a result of increasing traffic volume needs a strategic planning to anticipate the worsening condition in the future. One of the solutions is by providing mass transit system which is expected to attract private car users. Therefore, determination of potential corridor of mass transit system need to be identified so that the system provide better accessibility. Trip pattern in Pulau Batam must be known by developing trip distribution model. The trip distribution model is calibrated using origin-destination (O-D) data that is based on home interview survey. The validated model will be used to forecast and simulate travel demand onto transport network. Result of model calibration process shows mean trip length difference between model and survey is equal 0.141 %. From simulation of trip assignment is obtained that potential corridor for mass transit system using LRT is Batu Ampar – Batu Aji via Muka Kuning. Passenger forecast in the year 2030 is 193,990 passenger/day (2 directions).

The Impact of Landfills on Residential Property Values

1992 ◽  
Vol 7 (3) ◽  
pp. 297-314 ◽  
Author(s):  
Alan Reichert ◽  
Michael Small ◽  
Sunil Mohanty
Keyword(s):  
Property Values ◽  
Residential Property ◽  
Residential Property Values ◽  
The Impact
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