Abstract

Land readjustment (LR) is increasingly applied as a tool of urban policy implementation in many countries of the world. In Serbia, LR is a new tool that is being introduced into the legal system and into planning practice, from which a significant contribution to the urban development of the country is expected. Countries have different models of LR, which are adjusted to the particular conditions specific for that society. This is to be expected, having in mind the specificity of each country. This paper presents the development of land readjustment models which are adjusted to Serbia, but could also be used in the countries of South-East Europe, considering that the predominant conditions are similar. The most important item in this process is defining the key elements which determine the nature of the model: the existence and appropriateness of the urban plan and the distribution of benefits from increased land value. The paper also presents a case study of LR implementation on the basis of defined models, after which an analysis of the outcomes is presented. It is concluded that by applying the LR models presented, numerous significant issues that occurred in the past can be solved.

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