Evaluation of Land Value Increase After Expropriation Process: a Case Study of Samsun, Turkey

Abstract

Expropriation is the most frequently used method for land acquisition required for technical infrastructures projects. Expropriation is a "forced purchasing" process made by the government protecting public interest. The most important stage of the expropriation is the process of evaluation of the real estates because expropriation is accomplished through that value. In this study, value increase provided by technical infrastructures, produced via expropriation processes to the region is researched. In II. boulevard project which is so important for urban transportation of Samsun, the area has been provided also via expropriation. After Samsun II. boulevard project has been completed, remarkable value increases have happened in the real estates around it. However, the completed expropriated parcels could not benefit from the value increase. In this study, the expropriation values of the parcels expropriated in the project and the values of the precedent parcels around the project area after the project has been completed are compared. Determinations are propounded about the methods which would be used for more fair urbanization and; reflecting that emerged value increase to all parcels. © 2011 Academic Journals.