Impacts of Land Use Dynamics and Accessibility on the Bid Rent System in the Central Business District of Peshawar - Pakistan
Keywords:
Bid Rent System; Land Valuation System; Central Business District; Land Use Dynamics; Accessibility; and Commercial ActivitiesAbstract
The bid rent system is the prime indicator of land valuation, economic and developmental activities. In the Central Business District (CBD) of Peshawar, the bid rent system is more complex where the impacts of land use dynamics and accessibility modified the bid rent system. The land use dynamics and accessibility relationship with the economic and particularly with commercial activities are studied. The spatial arrangement of commercial activities follows the bid rent system with certain modifications. These modifications are the product of the impacts of land use dynamics and accessibility. The results are rectified by comparison of existing land valuation system and the modified by impacts. The study reveals a new dimension of the bid rent system in the CBD of Peshawar. Incorporating these new indicators in the analysis of bid rent system will enhance the capacity of line agencies and private sector to achieve sustainable development in the commercial activities of CBD.