TS07C: FINDING THE PRICE OF LAND – A CASE OF REGISTRATION AND GOOD DATA [10609]

Commission: 3 & 9
Chair: Dr. Enrico Rispoli, Italy
Rapporteur: Dr. Felician Komu, Tanzania, United Republic of


The price of land and real estate depends not only on supply and demand – risk related to unclear information also has an influence. For example, knowing for certain whether the seller is really the landowner, or where exactly the piece of land begins and ends promotes high risk, and hence influence the price. Reducing such risks by diminishing uncertainties should encourage the buyer to pay more. “Purchase risks” are therefore dead capital for the owner.

Guiding Questions for Discussions:

• What are the ways to minimize the risks associated with purchases of real estate?
• Is it true that good registration of real estate property has a price effect?
• What approaches exist for the valuation of unregistered land?
• Is it possible to measure risk effects when SDG measures have been taken for land?

Jean-Yves Bourguignon (France):
Prospective Property Valuations in the Context of Sustainable Environmental Development for Future Generations and Energy Renovation of Real Estate (11891)
[abstract] [paper] [handouts]

Vahid Khatami (Denmark):
Open Data on Geospatial Information for Urban Planning (12275)
[abstract] [paper] [handouts]

James Kavanagh and Ben Elder (United Kingdom):
Valuation and Compulsory Acquisition of Unregistered and Customary Land: How to Ensure Fairness? (11944)
[abstract] [paper] [handouts]