CONTENTS Aim: . 6 Need For Study: . 10 1. Objectives: 10 Research Question: 11 Real Estate Scenario In The City: 11 Evolution Of Housing Policy In Ahmedabad: . 11 Literature Review To Understand Concept On Urban Sprawl And Compact City: . 12 Sprawl . 12 Compact Cities 13 Distinctive Characteristics Of Urban Housing Market: 13 1. Localisation . 13 2. Durability . 13 3. Multi-Dimensional Heterogenity . 13 4. Convertibility Of Existing Units 14 5. Capital Market 14 6. Moving Costs . 14 7. Public Constraints . 15 The Issue Of Accessibility And Supply Constraints In The Housing Market: 15 Supply Constraints In The Urban Housing Market: . 17 Substituting Capital For Land: 18 Impact Of Housing Subsidy On Demand And Price: 19 Understanding Factors Affecting Supply Of Housing In Ahmedabad: 20 Real Estate As Investment: 20 The Role Of Personal Savings: 20 Investments By Non-Resident Indians: . 21 Equity Participation Regulation: . 21 Foreign Investment And Economic Development: . 22 Types Of Foreign Investments: 22 Major Participants In The Real Estate Sector: 22 Real Estate Major Laws And Regulations: . 23 Land Acquisition Act, 1894 23 Registration And Stamp Duty 23 Rent Control Act: . 23 Sales Tax 24 Urban Land Ceiling Regulation Act . 24 Mandatory Permissions In Real Estate Project: 24 Inter-Department Clearances: 24 Other Authorities: . 24 History Of Private Housing Scenario In Ahmedabad: 25 Real Estate In India 26 Interventions In Supply Of Housing By Government: . 26 Reasons For Strong Market Growth In Ahmedabad: 26 Fdi In The Real Estate Sector: 27 The Entry Norms For Entry Of Foreign Investors Are The Following: . 28 Conditions: 28 Implications Of Fdi In Real Estate:. 28 Data Collection 30 Real Estate: . 31 End-User: . 31 Intermediate Nri Investor: . 32 The Community Developer: . 32 Scheme-Based Developers: . 32 Developers Who Guarantee Highest Rate Of Returns 33 The Secondary Investor: . 33 Spatial Pattern. 34 Types Of Developers: . 35 Profit-Oriented Developers: 35 Scheme Based Developers: . 36 Community Developer: . 36 Factors Of Investment: 37 Better Return On Investment: 37 Securitisation Of Capital: . 37 Investment For Family Or Community: . 38 Equity In Company: . 38 Rental Income: 38 Retirement Homes/Capital: . 38 Brand Value: Involvement Of Community Member: . 38 Equity In The Project For Part Of Profit 39 Equity In The Project For Land Or Ownership Rights: . 39 Typologies Invested In . 39 Reit . 41 Reit . 41 Remf- Real Estate Mutual Fund . 41 The Reit's Can Be Of Three Types: 41 Equity 41 Mortgage . 41 Hybrid 41 Alternative Routes For Investment 42 The Nri Investor Invests In Properties In Someone Else's Name 42 Characteristics Of Nri Investments . 43 Risk 43 Time 43 Correction Phase . 44 Recovery Phase . 45 Expansion Phase 45 Contraction Phase . 45 Investment 46 Reasons For Schemes. 48 Real Estate Project 49 Ahmedabad Housing Market And Preliminary Analysis: . 50 Investment Scheme For Construction Linked Funding 51 Down Payment 51 Construction-Linked Plan . 51 Another Scheme By Developers For More Secure Investments: 52 Mode Of Investments 52 Society And Trust . 53 Investment For Retirement Purposes 53 Investment Solely For Profit Purpose 54 Investment For Family/Community Purpose . 55 Discouraging Nri Investments 56 Mig - I Developer Schemes . 56 Hig Development Schemes With Floor Space Area More Than 4500 Sq.M. . 57 Investment Ranking 57 Current Status Of Investments 58 Bi-Variate Analysis 59 Global Real Estate: 63 Investors From Canada And American Region . 63 Investors From European Region: 63 Investors From Asia Including Middle Eastern Regions: 64 Conclusions . 64 Recommendations 64 Bibliography 65