This chapter includes a case study of four TOD corridors in Gurugram, India, covering the effect of incentive zoning in transit zones on property values, supply of affordable housing, and the response of real estate developers. Using field observations, the case study showcases the limited success of public policies and proposes a smart ICT-based land and property development information system (LPDIS) that dynamically interacts with land use planning, transit infrastructure, property data, and integrates any adjustments in public policies, including impacts on property values. The LPDIS is a smart technology platform that spatially, temporally, and financially interacts with city-wide private property information (cadastral, valuation, and building permits data), public infrastructure data (current and proposed), and layers of influencing public policies (land use planning, incentive zoning, special-purpose zones such as TOD, etc.) to generate real-time intelligence, using GIS and other Smart ICT systems. The LPDIS allows policymakers to analyze current status (base case scenario), and assists in analyzing, monitoring, and developing policy change scenarios (future). The LPDIS also assists in systematically evaluating and monitoring incremental property value gains due to public policies or actions, providing a robust basis for land-based financing and land value capture. The LPDIS, once established, could be connected to the smart city Integrated command and control center (ICCS), which monitors, develops, and evaluates impacts of any new projects and land policy changes to the policymakers. The system also assists in estimating potential public revenues that the city could generate by monetizing land via land-based financing due to public interventions.