TY  - BOOK
AU  - Bhatt, Nikita S. (PUH21236)
AU  - Anil, Swapnil (Guide)
AU  - Patel, Sejal (Guide)
TI  - Empirical analysis of trends in development and growth of commercial real estate in Ahmedabad (Softcopy is also available)
U1  - P TH-2811 
PY  - 2023///
N1  - Table of contents 
Undertaking  i 
Certificate   iii 
Acknowledgments  v 
Abstract   vii 
Table of contents   ix 
List of figures   xiii 
List of tables   xi 
List of Abbreviation   xiii 
1 Introduction to the research   1 
1.1 Background and Context   1 
1.2 Positioning of the Research Project   1 
1.2.1 Positioning in Professional Domain   2 
1.2.2 Positioning in Research Domain   2 
1.3 Literature Review   2 
1.3.1 Empirical Context   2 
2 Methodology   5 
2.1 Central Question   5 
2.2 Aim  5 
2.3 Objectives  5 
2.4 Research Matrix   6 
2.5 Scope of Work   7 
2.6 Limitations   7 
2.7 Research Timeline  7 
3 History and Evolution of Commercial Real Estate of Ahmedabad   9 
3.1 Introduction   9 
3.2 Chronology of Commercial Development of the City   9 
3.2.1 1861 – 1900: The Era of Gandhi Road   9 
3.2.2 1901 – 1940: Shift of Commercial Corridors to Ashram Road   11 
3.2.3 1941 – 1960: Emergence of Ashram Road and Relief Road   14 
3.2.4 1961 – 1970: Change of Commercial Building Typology at Ashram Road  15 
3.2.5 1971 – 1980: The Rise of C.G. Road   18 
3.2.6 1981 – 1990: The Start of Highrise Typology at Ashram Road . 20 
3.2.7 1991 – 2000: Investment-driven Commercial Spaces at Ashram Road 21 
3.2.8 2001 – 2010: Emergence of S.G. Highway   24 
3.2.9 2011 – 2020: Consolidation of SG Highway as a Commercial Corridor 28 
3.3 Inference   31 
4 Current Scenario of Commercial Real Estate   37 
4.1 Introduction   37 
4.2 Overview of Commercial Real Estate under RERA   37 
4.3 Demarcation of Different Micro-Markets of the City   38 
4.4 Micro Market Analysis   41 
4.4.1 Market 1: Ashram Road   43 
4.4.2 Market 2: C.G. Road   46 
4.4.3 Market 3: 132 feet Ring Road   50 
4.4.4 Market 4: Drive-in Road   53 
4.4.5 Market 5: S.G. Highway   56 
4.4.6 Market 6: Sola Science City Road   59 
4.4.7 Market 7: Sindhu Bhavan Road   62 
4.4.8 Market 8: Iscon Ambli Road   65 
4.4.9 Market 9: Chandkheda – Motera   68 
4.4.10 Market 10: S.P. Ring Road West   71 
4.4.11 Market 11: Maninagar – Rakhial   74 
4.4.12 Market 12: Nikol – Odhav   76 
4.4.13 Market 13: Nava Naroda – Nana Chiloda   78 
4.4.14 Market 14: S.P. Ring Road East   80 
4.5 Inference   82 
4.5.1 Major Trends within the Micro Markets   82 
5 The Catalysts for Commercial Real Estate Development   95 
5.1 Introduction   95 
5.2 Based on the Spatial Growth of the City  95 
5.2.1 Regulatory-driven Potential Growth Corridors   95 
5.2.2 Market-driven Potential Growth Corridors   100 
5.3 Based on Infrastructure Development  101 
6 Envisioning the Future of Commercial Real Estate Development     105 
6.1 Supply Potential of the Existing Micro Markets   105 
6.2 Changing Trends with the Spatial Growth Pattern   109 
6.3 Infrastructure Investments Influenced Growth Directions   117 
6.4 Proposal of a Model Project at Ognaj   120 
7 Conclusion   125 
7.1 Establishing the future potential of Commercial Real Estate   125 
7.2 Contribution of the Research   127 
References   xv 
Appendix 1: Interviews and Survey   xix 
Appendix 2: News Paper Articles   xx 
Appendix 3: Micro Market Data (GujRERA)   xxii 
Appendix 4: Questionnaire   xxiii 
Appendix 5: Infrastructure Projects   xxiv

ER  -