A study of Road construction and negatively affected properties.
Abstract
The study of road construction and negatively affected properties (case study-Mukono-Katosi-Nyenga Road) was carried out to establish the major causes behind its negative effect on the property market.
The data that was used in this study was both primary and secondary data obtained from previous studies in line with the study, lands office and real estate agencies. The data obtained was mainly analyzed with M/S Excel 2010 software which successfully facilitated the discussion, interpretation and the presentation of the findings.
A sample of 80 respondents which was purposively obtained was considered from which data was obtained using questionnaires and interviews. A non-probability sampling technique was used snowball sampling technique in particular. The data obtained was analyzed which informed the conclusions and recommendations made in this study.
The development of infrastructure such as roads, schools, hospitals, etc. is considered as one of the factors of economic growth. The establishment of roads is one of the factors that leads to growth of a property market majorly because of the increased accessibility with in the area. However, this study discusses the fact that road network establishment not only leaves behind positively affected properties but as well as negatively affected ones.
The properties are considered negatively affected because of increased property values, stagnated property values and decrease in occupancy rate.
The causes of the negative effects and recommendations are well discussed in the findings, the cause include unfavorable road use policies, proposed road designs and safety issues.