Browsing by Author "Dewisha, Haymanot"

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    BUSINESS PROPERTIES PARTIAL TAKING EXPROPRIATION FOR ROAD PROJECTS AND VALUATION FOR COMPENSATION:THE CASE OF TWO ROAD CORRIDORS IN ADDIS ABABA ETHIOPIA
    (EiABC, 2018) Dewisha, Haymanot; Eyasu, Kumera
    Urban upgrading and renewal programs require demolishing and reconstructing existing areas. Typically, these interventions require the public acquisition of assets and land with payment of compensation. Usually such acquisition of land involves two types of acquisition, partial and total acquisition of land. Each type of acquisition involves different principles and legislative provisions in assessing compensation. Similarly, in Ethiopia Land is presently being expropriated for roads, real estate development and other massive infrastructure developments.In this regard though different principles and methods are involved in assessing compensation with in partial and total land acquisition, sufficient researches are not carried out considering partial takings as a single entity.Studies generally focus on legal and administrative aspects than calculation of the compensation quantum of partial takings. Therefore, the aim of the study is to examine valuation and compensation practices in partial land acquisition of business properties for road projects. For this purpose, two case study areas are selected purposively. Primary and secondary data collection method used by using interviews, observation and document reviews as a tool. Qualitative and quantitative data analysis has been used to analyze this research and descriptive method of analysis has been used. The findings reveal that, for valuing properties for partial taking there are two different methods of valuation which are before and after and taking plus damage method of valuation. From which the appraisal problem for partial acquisitions is essentially a before and after process using either the "Federal Rule" or "State Rule". Then study adopts the before and after method using the income approach in analyzing the data obtained. And recommended the state rule to minimize claims and fairly compensate what has been taken from the owner.