Exact(2)
Besides, urban management authority in Dhaka is encouraging high rise apartment development in the inner city against housing plot development in urban peripheral lands.
For example, most of the peripheral lands have been rapidly purchased by private real estate developers for land and housing development projects, specially speculating on future price increases.
Similar(57)
The cumulative effects of land value increases are wide spread speculation and a large amount of peripheral land conversion.
The cumulative effects of land price increases are widespread speculation and a large amount of peripheral land conversion (Alam and Ahmad 2010).
According to Alam (2011), sky-rocketing land values of the megacity Dhaka is the main reasons for sprawling peripheral land developments and indiscriminate fillings of lowlands.
Begum (2007), pointed out that sprawling peripheral land developments and indiscriminate fillings of lowlands are results of severe urban land management problems.
Increasing urbanization through peripheral land conversion is of global concern since urban expansion onto peripheral/rural lands significantly affects energy flows, biodiversity and climatic conditions at local and/or regional levels (McDonnell et al. 1997; Baker et al. 2001; Green and Baker 2003).
Land constraints and land speculation both have put pressure on urban expansion through peripheral low-land conversion.
The quantity or quality of natural resources has been less crucial than social and political factors in relegating these lands to peripheral or so-called less-developed status within the world economy.
Peripheral areas of flat land in the northeast and southwest are devoted to industry.
However, the star-shaped pattern of urbanisation favoured natural vegetation dynamics, marked persistence of woodlands, and significant stability of agricultural land in peripheral areas, with positive effects in terms of ecological connectivity and vegetation recovery potential.
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