Impact of Urban Renewal on Land Price in GRA Bauchi, Nigeria

Abstract

This study investigates the impact of urban renewal projects on land prices in GRA Bauchi, with emphasis on trends in property values, major infrastructural developments, and stakeholder perceptions. Urban renewal—encompassing redevelopment, rehabilitation, and modernization—has become a critical urban planning strategy for revitalizing deteriorated areas and stimulating investment. The study adopts a quantitative research design, utilizing a structured questionnaire administered to 140 respondents, comprising Estate Surveyors, Property Developers, Estate Agents, and Estate Agents. Findings show that 94.29% of the distributed questionnaires were validly returned, ensuring robust data reliability. Results reveal that land prices in GRA Bauchi have significantly increased over the past 10 years recording the highest mean score of 4.14 while efficiency and management of project implementation received a lower mean score of 3.15, indicating room for improvement. The study concludes that urban renewal has significantly influenced land market dynamics in GRA Bauchi, enhancing investment attractiveness and property values. It recommends strengthening institutional capacity, improving governance transparency, and ensuring inclusive stakeholder participation to sustain long-term benefits of renewal programs.