Impact of Regulatory Plans in the Value of the Land in Pristina

Session

Architecture and Spatial Planning

Description

Post-war Kosovo faced big demographic movements. Pristina as the capital has suffered most changes. People from rural areas moved to the city. In areas of the city were no regulatory plans existed, owners hesitated to make investments in their properties and economic development stopped. There have been also people who have developed their property even there was no law background to do so. Mainly this was done haphazardly without any criteria and became obstacle for future development plans of the city. The value of the land in the areas of the city for which the regulatory plan has been drafted has increased immediately. The city, apart from development within its urban boundaries, has expanded the outer boundaries to create new residential neighbourhoods to accommodate new residents from all municipalities. These boundaries now include areas of agricultural land which changed its destination to construction land. Low priced agricultural land become highly priced construction land. This paper aims to highlight the impact of regulatory plans on the value of the land.

Keywords:

City, urban policy, regulatory plan, land, investment, construction

Session Chair

Lulzim Beqiraj

Session Co-Chair

Mimoza Sylejmani

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-54-7

Location

Durres, Albania

Start Date

27-10-2017 3:00 PM

End Date

27-10-2017 4:30 PM

DOI

10.33107/ubt-ic.2017.25

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Oct 27th, 3:00 PM Oct 27th, 4:30 PM

Impact of Regulatory Plans in the Value of the Land in Pristina

Durres, Albania

Post-war Kosovo faced big demographic movements. Pristina as the capital has suffered most changes. People from rural areas moved to the city. In areas of the city were no regulatory plans existed, owners hesitated to make investments in their properties and economic development stopped. There have been also people who have developed their property even there was no law background to do so. Mainly this was done haphazardly without any criteria and became obstacle for future development plans of the city. The value of the land in the areas of the city for which the regulatory plan has been drafted has increased immediately. The city, apart from development within its urban boundaries, has expanded the outer boundaries to create new residential neighbourhoods to accommodate new residents from all municipalities. These boundaries now include areas of agricultural land which changed its destination to construction land. Low priced agricultural land become highly priced construction land. This paper aims to highlight the impact of regulatory plans on the value of the land.