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Urban regeneration is accurately defined as the revival of existing urban areas through renewal or redevelopment. This process typically involves improving the infrastructure, housing, and overall environment of urban spaces that have faced decline or neglect. By investing in these areas, urban regeneration aims to revitalize local economies, enhance community wellbeing, and create sustainable living environments.

This often includes renovating or repurposing dilapidated buildings, improving public transport systems, and increasing green spaces, thereby making urban areas more attractive and functional. It focuses on making the most of what is already present rather than starting anew, aligning with the objectives of creating vibrant, livable cities while addressing past urban issues.

In contrast, other options present alternative concepts that do not accurately represent the notion of urban regeneration. Abandoning old buildings suggests neglect rather than improvement, creating new urban areas from scratch implies completely new developments without utilizing existing resources, and enhancing agricultural land pertains to agriculture rather than urban spaces. Therefore, the correct choice reflects a comprehensive understanding of how urban areas can be effectively revitalized to meet contemporary needs.

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