The consultant defines transit-oriented development (TOD) as a mixed-use residential and commercial area designed to maximise access to public transport. TOD incorporates features to encourage transit ridership.

"With the rail budget coming up, the sheer number of land parcels held by the Indian Railways across the country makes this entity an important stakeholder in transit-oriented development", JLL India Chairman and Country Head Anuj Puri said in a report.

"This budget, we expect the railway minister to look at monetising railways' land parcels in urban areas through TOD – in order to boost cities' livability quotient and modernisation of their skylines".

A TOD neighbourhood typically has a centre with a transit (train/metro) station or stop and residential as well as commercial development around it. TOD interventions aim to significantly shift the mode share away from private motorised vehicles to public transport.

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