Transit the efficiency of TOD. Finance, institutional capacity, governance,

Transit oriented Development (TOD)proposes compact mixed used development to maximize the use of urban land within10 minutes of walk to high quality public transit.

TOD comprises of housing, retail,offices, and other amenities. The concept is new to the Indian context and wasintroduced in July 2015 by MoUD through amendment of Delhi Master Plan 2021 withan aim to address housing shortage for EWS, LIG, and MIG with concern of risingpollution and traffic congestion in the city.  TOD basically improves NMT scenario, reducestraffic and parking congestion and land consumption.Even though, a powerful tool, thereare several barriers which question the efficiency of TOD. Finance,institutional capacity, governance, etc. Recently, Mumbai has seen rise in tallbuildings in the places like Elphinston road, and other where due to increased FSIhas people have built multi storey buildings with blank wall of around eight storeyhigh standing in front of 3m wide road resulting in lack of light andventilation.

Best services for writing your paper according to Trustpilot

Premium Partner
From $18.00 per page
4,8 / 5
4,80
Writers Experience
4,80
Delivery
4,90
Support
4,70
Price
Recommended Service
From $13.90 per page
4,6 / 5
4,70
Writers Experience
4,70
Delivery
4,60
Support
4,60
Price
From $20.00 per page
4,5 / 5
4,80
Writers Experience
4,50
Delivery
4,40
Support
4,10
Price
* All Partners were chosen among 50+ writing services by our Customer Satisfaction Team

The situation arises because everyTOD action plan states “What to do” but lacks to explain “How to do”. Somewherethe answer also lies in the context of the issue where the solution needs to betailored according to the place and problem. Also at global level for e.g.Brazil, there has been issues related to gaps in systematic financing.

Onereason can be lack of comprehensive understanding and implication of TOD.Further, the economic, political will and stakeholder capacity also play animportant role in effectiveness of TOD. Also the parking provided in the TODzone is unclear about the part allocation to support public transport riders.And if the parking has to be given, then private vehicles will be continue tobe used.Several questions arise whileimplementation of TOD. For e.g.

·        Canmere proposition of development along Transit stops and corridor lead to actualdevelopment? ·        Whenwe provide higher FSI in the TOD zones, who are the actual beneficiaries?·        Whatkind of diversity (socio-economical, socio-cultural, etc.) are we supporting? ·        Isthe local real estate ready to take benefits of the TOD?·        Howto ensure equity in actual sense through inclusive TOD?·        Isthere political capacity and willingness to embrace TOD?·        Whatis stakeholders’ willingness and capacity to consider TOD?·        Willcore city areas implement TOD? If yes then, how?Hereby, considering at the challengesin implementing Transit Oriented Development, A new study from The World Banksuggests “3V Approach” while considering a neighbourhood for TOD Proposal. The3V is an acronym for three values a neighbourhood should have, such as TransitConnectivity, Quality of Urban Environment and Market Potential to identify thepossible stations to make actual sense of the Transit Oriented Development.These three factors are simple considerations, whereas the task is vast andrequires to consider the study into a larger context of Indian Scenario if wewant to implement a successful TOD.