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Economics of Development and Investment Appraisal

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Urban Land Economics and Public Policy

Abstract

Development is the process of carrying out works involving a change in the physical use or in the intensity of an existing use of land or buildings. Development may be a lengthy process from the original conception to change the existing use, to survey, design, estimates, preliminary discussion with various public bodies, land acquisitions, to the formal application for planning consent. Constant appraisal of the cost implications of the scheme and financial arrangements are necessary until successful completion.

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References

  1. Money into Property (Debenham Tewson & Chinnocks, 1987).

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  6. MGL-CIG Property Index 1978–86 (Morgan Grenfell Laurie).

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© 1988 Paul N. Balchin, Jeffrey L. Kieve and Gregory H. Bull

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Balchin, P.N., Kieve, J.L., Bull, G.H. (1988). Economics of Development and Investment Appraisal. In: Urban Land Economics and Public Policy. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-19444-5_5

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