Akademik Veri Yönetim Sistemi
LAND, cilt.14, sa.8, 2025 (SSCI)
Like in many countries, the transfer of increased land value created by public actions without landowner contributions back to the public is under debate in T & uuml;rkiye. Although various Land Value Capture (LVC) mechanisms are employed worldwide to finance infrastructure investments, no comprehensive system has been established in T & uuml;rkiye for this purpose. In this study, an improved LVC model that integrates land value and development rights is proposed. This model, termed Hybrid Land Readjustment (hLR), is designed to ensure that land value increases triggered by public investments are returned to the public. To this end, existing Turkish value capture instruments with potential are examined. Under the proposed hLR framework, equal basic development rights are granted to cadastral parcels, parcel and building-block value maps are utilized, basic rights are adjusted according to land-value changes, and a portion of additional development rights is transferred to the public. A practical application scenario is provided to illustrate the model's operation. The system is configured for seamless integration into T & uuml;rkiye's existing legal and planning framework, offering a sustainable mechanism for financing infrastructure and implementing zoning plans.