Land Readjustment
Definition
A process where landowners pool their properties for comprehensive redevelopment and receive new plots in proportion to their original holdings.
Purpose
Enable comprehensive urban development while maintaining property rights.
Examples of Use
- Reorganizing property boundaries.
- Creating new infrastructure.
- Improving land efficiency.
- Facilitating coordinated urban growth.
- Enhancing property values and community amenities.
Related Terms
- Urban Regeneration
- Land Assembly
- Property Development
- Infrastructure Planning
- Community Development
Notes
Land readjustment facilitates coordinated urban development, improving land use efficiency and supporting comprehensive planning efforts.
