dc.description.abstract |
Urban Development Authority (UDA) has initiated number of urban development
projects throughout the country to uplift living standard of the urban people.
Accordingly, UDA has acquired hundreds of acres of urban lands to implement the
developments. Most of lands were found from the heart of capital city and few others
out of the city limits. As per the location those were prime and suitable for urban and
commercial developments.
UDA has identified more than 80% of those lands were highly encumbered and
therefore, relocation programmes had prepare to relocate the affected parties. With
the consideration of location, sacristy of urban lands, land values and relevant other
factors, UDA had decided to construct condominiums to provide alternative
accommodation to the affected parties. The main objective of construction of
condominium was to clear the encumbered lands by providing alternative
accommodation and make available the urban lands for compatible developments to
address the urban issues. Accordingly, UDA has already constructed ten
condominiums. It was observed that most projects implemented have given less
return than expected. For instances some projects were unsuccessful in generating
expected monitory and social returns due to lack of planning and technical defects
and political influence.
Therefore, this study is conducted to identify the issues that for not giving expected
return for condominium development projects carried out by the UDA. To achieve
the objective, all condominium development projects were evaluated and experts
who are involved in the urban development sector were interviewed. In addition, past
records available at UDA, NHDA, REEL and CMA were referred to collect
necessary information. Based on the information collected, it was found forty one
issues which had been directly affected the projects. The main objective of this study
is to suggest solutions to overcome the issues. Further ten strategies were proposed to
overcome the issues and guideline for condominium projects to be implemented in
future. |
en_US |