CONTENTS: Certificate Acknowledgement Acronyms Index List of Tables List of Charts CONTENTS CHAPTER 1: INTRODUCTION 8-10 1.1 Introduction 8 1.2 Need for the study & Research Significance 8 1.3 Area of concern 8 1.4 Aim 8 1.5 Research questions 9 1.6 Objectives 9 1.7 Study framework 9 1.8 Scope of work 9 1.9 Methodology 9 1.10 Chapterization 10 CHAPTER 2: LITERATURE REVIEW 11-25 2.1 Urban Land Management 11 2.1.1 Need of urban land management 11 2.1.2 Administrative aspects of land management 11 2.1.3 Methods of land Management 11 2.2 Town planning Scheme as a land management technique 12 2.2.1 Preparation of town planning schemes 13 2.2.2 Earmarked land uses within TPS's 13 2.3 Utilization Management and Transferring of Assets 20 2.3.1 Management & Utilization 20 2.3.2 Asset Transferring 20 2.4 Real Property Asset Management 21 2.4.1 Is it an Approach or a tool? 22 2.4.2 Should it be applied in Indian context? 22 2.5 Legal Framework for Asset Development and Management 16 2.5.1 Central Government Policies & 73rd and 74th Constitutional Amendment Act (CAA) 16 2.5.2 Amended Gujarat Town Planning Act 18 2.5.3 Gujarat Infrastructure Development Act 19 2.5.4 Gujarat Infrastructure Development Board's Vision 2010 19 2.5.5 Process of Change for Reserved land 19 2.6 The types of assets owned by a Municipal Corporation 20 2.7 Asset Management Practices-A Review 24 CHAPTER 3: Surat City-An Overview 26-28 3.1 Background 26 3.2 Physical setting 26 3.3Regional Setting 26 3.4Physical & Geographical Character 27 3.5Evolution of present form 28 3.6City profile in brief 28 CHAPTER 4: SMC and ASSET INVENTORY 29-40 4.1Modes of Real Estate Asset Ownership and Management 29 4.2Details of Town Planning Schemes 29 4.3Structure of Surat Municipal Corporation 30 4.4Details of Reservations in FTPS 32 4.5Details of Reservations in PTPS 36 CHAPTER 5: STRATEGIC ASSET CLASSIFICATION 41-47 5.1The approach 41 5.2 Basis of Asset Classification 41 5.2.1 Status of Possession 41 5.2.2 Status of Utility 43 5.2.3 Status of Revenue Collection 45 5.2.4 Current Utility 45 5.3Analysis of Data and Summarizing 46 CHAPTER 6: PROBLEMS POTENTIALS & RECOMMENDATIONS TO UTILIZE ASSETS OPTIMALLY 48-62 6.1Basis of Asset Strategies 48 6.2Examination of Data 50 6.3Suggestion on Reservation plots in FTPS 51 CHAPTER 7: PROJECT IDENTIFICATION & FEASIBLILITY ANALYSIS 63-73 7.1Need for project identification 63 7.2Approach for efficient Utilization & Management 63 7.3Identification of area of work 63 7.4Details of Identified site 64 7.5Criteria for site selection 65 7.6Estimation of Real Estate Factors 67 7.7Calculating scores for each land parcel 67 7.8Feasibility Analysis 70 7.8.1 Site briefs 70 7.8.2 Project cost 70 7.8.3 Cash flow analysis 71 7.8.4 Payback period 71 7.8.5 NPV analysis 71 7.8.6 Payable fixed amount to the MC 73 CHAPTER 8: CONCLUSIONS AND FURTHER SCOPE 74-75 8.1Conclusions 74 8.2Further Scope 75 BIBLIOGRAPHY ANNEXURE I-XIII 1 Formats for Project Formulation and Asset inventory I 2 Introduction to terms of Financial Management IV 3 Details of TPS reserved plots existing v/s desired utility VII 4 Phases of Project Management IX 5 Calculations for Real Estate Case Studies XI