Land Acquisition and Compensation in India: Mysteries of Valuation

Description

This book discusses development and land acquisitions in India and analyzes a conceptual framework based on “paradox of values” and “plural value of land.” The research links the issue of valuation to its roots in classic economic theory and to its individual perception. The project offers an insightful perspective on current challenges of urbanization and development in the Global South, where land use regimes are in a highly dynamic transition to allow for urban amenities, housing and industrial land. The author concludes with a derived scheme or framework that addresses various potentials to better address values of land during land acquisition. It is an ideal book for anyone interested in land markets, land appraisal and land economics and land acquisition in the Global South. Front Matter ....Pages i-xxi Mysteries of Valuation (Sattwick Dey Biswas)....Pages 1-25 Value: The Epistemology (Sattwick Dey Biswas)....Pages 27-51 Value: The Marginal Revolution (Sattwick Dey Biswas)....Pages 53-79 Value: The Contemporary Ideas (Sattwick Dey Biswas)....Pages 81-109 The Empirical Context: Cases, Legal Context, and Theory of Science (Sattwick Dey Biswas)....Pages 111-149 Empirical Evidence: Relationship, Attributes, and Plural Values of Land (Sattwick Dey Biswas)....Pages 151-189 Empirical Evidence: Negotiations, Smith’s Value, and Limits of Monetary Price (Sattwick Dey Biswas)....Pages 191-212 Empirical Evidence: Future and Ideal Values of Land (Sattwick Dey Biswas)....Pages 213-232 Conclusions (Sattwick Dey Biswas)....Pages 233-254 Back Matter ....Pages 255-293