The rapid growth of population and the process of urbanization have resulted in an increasing demand for land in urban settlements. A city grows not only by population but also by changes in spatial dimensions. The prime factors of increasing spatial dimension of the city are also the population growth and related requirements of urban life, such as development of transport and communication and others infrastructure facilities. The mismatch between the supply and demand of land leads to the degradation of environmentally fragile land, occupation of hazard prone areas, and loss of cultural resources, open space and prime agricultural land. Within the existing built-up areas of cities uncontrolled growth of population and inadequate infrastructure may cause irreversible losses of cultural resources and open space. Poorly managed development may also cause excessive urban sprawl and negative impact on air quality, energy consumption and aesthetic quality. The conversion of prime agricultural land to urban use may increase costs for locating, storing and purchasing food (Bernstein, 1994).Moreover, the development of an urban centre as a result of gradual evolution and metamorphosis of the city, with the market place and profit motive being the principal criteria on which land use and land value were established is a common phenomenon. This can also lead to change in land use pattern and urban growth in our growing centres. Similarly, by 2015, the 10 largest cities in the world will be in Asia, Latin America and Africa among which are Tokyo (Japan) 28.7 million, Bombay (India) 27.4 million, Lagos (Nigeria) 24.4 million, Shanghai (China) 23.4 million, Jakarta (Indonesia) 21.2 million, Sao Paulo (Brazil) 20.8 million, Karachi (Pakistan) 20.6 million, Beijing (China) 19.4 million, Dhaka (Bangladesh) 19 million, and Mexico city (Mexico) 18.8 million people. Overall, 80 percent of the world’s urban residents will live in the developing countries.