THE EFFECT OF COMMERCIAL LAND USE ON AND VALUE

THE EFFECT OF COMMERCIAL LAND USE ON AND VALUE

ABSTRACT

Land use can be described as a way, manner or older in which land is used by people in an area for different purposes. Commercial land itself is one set aside the local authority for legal economic activities and business transactions. It account for by far the largest proportion of the total area that has more economical value.

Commercial activity is one of the indices for appraising urbanization provision of commercial land for such activities of Ogui – urban become very important as the population of Ogui urban grew and this in turn affects the value of land. This effect t of commercial land and it’s concomitant effect on the land values are the main text of this paper.

This research embodied the documentation and analysis of such relevant factors as prices of commercial lands passing in Ogui – urban respectively. Was analysed in graph form and in turn determines the effect of commercial land use on land value which is the main problem of this reseach solving. The result proved that there was a positive affect on well used and planned commercial lands and reactive effect on the unplanned. Good planning and monitoring was recommended.

TABLE OF CONTENT CHAPTER ONE

1.0              Introduction

1.1       Historical background

1.2              Geographical problem

1.3              Objectives of study

1.4              Scope of study

1.5              Limitation of study

CHAPTER TWO 2.0              Literature Review 2.1       Introduction

2.2              What is land

2.3              Land use plan n Enugu

2.4              Commercial land use

2.5               Classification of commercial land use

2.6              Nature of commercial land use

2.7              Factors that affect land value

2.8              Effect of commercial land use on land value

2.9              Distinction of important terms

CHAPTER THREE

3.0              Research methodology

3.1       Introduction

3.2              Research design

3.3              Source of data

3.4              Primary source

3.5              Secondary source

3.6              Population and sampling size

3.7              Data collection techniques

3.8              Data analysis and presentation technique

CHAPTER FOUR 

4.0              Data presentation and analysis

4.1       Introduction

4.2              Presentation

4.3              Central business district

4.4              Edimbug

4.5              Average percentage of sampled commercial land in Ogui urban

4.6              Conclusion

CHAPTER FIVE

5.0              Findings, recommendation and conclusion

5.1       Findings

5.2              Recommendation

5.3              Conclusion

LIST OF TABLES

Table 1:           Monetary value trend and sampled commercial land in the central

business district (4.03)

Table 2:           Monetary value trend on sampled commercial land in Edinburgh (4.04)

Table 3:           Recharge percentages of sampled commercial land in the     Central Business District and Edinburgh in Ogui urban (4.05)

LIST OF FIGURE

Figure 1.          Graphs showing the monetary value of sampled commercial lands in the central business district

Figure 2:          The land use map of Central business district of Ogui urban

Figure 3;          Graphs showing the monetary value of sampled commercial lands in Edinburgh in Ogui – Urban

Figure 4:          Proposed urban land use plan of Enugu

Figure 5:          Map showing the central business district in Enugu

CHAPTER ONE

1.0              INTRODUCTION

Land is a national endowment that can be referred to as the said portion of the earth’s surface, while land use can be described as a way, manner or order in which land is used by people in an area for deterrent purposes.

This rings about the need for the demand of commercial land acquisition for economic and business transaction.

THE EFFECT OF COMMERCIAL LAND USE ON AND VALUE