10 Pages Posted: 30 Oct 2012 Last revised: 5 Nov 2012
Date Written: October 29, 2012
The concept of TOD is essentially as an exaggerated form of Travel Demand Management technique, it ensures maximum use of mass transit at the same time reducing the trip length outside the long haul system. It is to minimize the traffic impacts of the new transit infrastructure by providing trip end land uses. That is and should be the primary objective behind the planning of TOD. However in the Indian context, TOD is considered primarily as a project financing tool.
There are number of issues for TOD to take a practical shape in India and be implementable. This paper tries to learn from a few examples and summarize the issues that need to be resolved before India and TOD can go together.
Keywords: transit oriented development (TOD), travel demand management, finance, India
JEL Classification: L52, O2
Suggested Citation: Suggested Citation