Question

Amenities in urban areas. Outline the importance/ advantages of it.

Answer 1

A growing body of research indicates that people pay more to have access to urban amenities. For example, houses close to parks are generally more valuable. Parks, schools, small retail, and transit are some of the amenities that make for a rich urban experience. When considering development and redevelopment potential it is important to also consider how investments, but public and private, can change the desirability of an area. A package of urban amenities can increase desirability and competition for real estate in an area. This in turn increases the rent that property owners can achieve. Higher achievable rents can allow developers to consider larger scale, higher quality real estate projects. The increased investment activity can result in a "virtuous cycle" of even more desireability and investment.

Answer 2

The amenities in urban area include:  

Explanation:

• Availability of a lot of vehicles: Due to the presence of vehicles, there is adequate transportation of people from one part of the city to the other part.
• Available of means of communication: There are better means of communication for people of the urban areas.
• Better health care facilities: a large number of hospital and nursing homes gives a lot of scope for the health care system.