Assessment of the Impact of Land use Planning on Property Values in Lagos State, Nigeria

Orekan, Atinuke Adebimpe

Assessment of the Impact of Land use Planning on Property Values in Lagos State, Nigeria

Orekan, Atinuke Adebimpe *

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Assessment of the Impact of Land use Planning on Property Values in Lagos State, Nigeria

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Abstract

This study examined the effects of land use planning on property values in Lagos. The target populations for the study were the practicing Estate Surveying and Valuation firms in Lagos. Structured questionnaires were administered to the respondents and the results were analysed using descriptive statistics, weighted mean score, Trend Analysis, ANOVA, T-test and regression analyisis. The study revealed that the major land use planning and policy tools used and implemented in Lagos are building permit/ approval, zoning, land use charge, town ordinances and building codes. The study also revealed that inadequate implementation, inadequate monitoring and evaluation; cost of compliance with planning and development standards, inadequate access to residential land and existing land use pattern and master plan were the major challenges of land use planning and policies in Lagos.

References

19 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Orekan, Atinuke Adebimpe. 2021. "Assessment of the Impact of Land use Planning on Property Values in Lagos State, Nigeria". Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 21 (GJMBR Volume 21 Issue B3).

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GJMBR Volume 21 Issue B3

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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Classification

GJMBR-B Classification JEL Code: R39

Submission ReceivedFebruary 7, 2021
Peer Review Double Blind
Handling Editor
Accepted March 4, 2021
Published March 15, 2021

Version of record

v1.2

Issue date

June 17, 2021

Language

English

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