Publıc Land as a Resource to Finance Urban Infrastructure
The potentials of public land as a resource to finance the proposed urban infrastructure in India is yet to be explored and the efficiency of the municipalities with public land as fiscal resource is inherently linked to the surplus public land available, its value, and the regulatory bindings on public leasehold system. To assess the potentials of urban public lands for financing urban infrastructure, it is essential to understand the control parameters, such as the legal provisions related public land with reference to ownership rights, development rights, lease rights, taxes and administrative aspects. In this connection this paper draws some of the important inferential discussions on the review of historical perspectives, legal provisions and progress of municipalities in using public land as a resource. Further, a detailed assessment of the regulations of government of public leasehold system for Andhra Pradesh is presented. Overall, the outcomes of this research signify that public land has been a resource to municipalities and there is a need for optimizing the revenues from public lease hold system.
Keywords: Public Land, Municipal Finance, Revenues, Master Plans