“…HSR plays a significant role in development of agglomeration economies [10], regional economy [11], and local economy [12] through wider economic impact [13][14][15], social impact [16][17][18], and environmental impact [19][20][21] on land use pattern [22], land value [23,24], and revenue generation [25] within urban agglomerations and outside the areas of the HSR network by connecting the neighborhood locations [16], which also depends on buoyancy of the local urban conditions [2,26]. HSR improves transportation system [27], increases accessibility [28,29], enhances regional attractiveness and development [30], improves businesses [31,32], fosters new opportunities, modernity and innovation [33], which increase employment growth and boost urban productivity [2] due to time savings [34,35], better market information [26], significant reduction in business cost [34], and agglomeration benefits [7]. Despite high investment in HSR development [36], HSR benefits the regional governments from increase in tax revenue [23,37], tourist inflow [38][39][40][41], and better performance of private investors [42,…”