CONTENTS
1. Introduction 9
1.1. Research question 9
1.2. Need for study 9
1.3. Scope 9
1.4. Methodology 9
1.5. Outcomes 10
1.6. Limitations 10
2. Literature Review 12
2.1. Introduction 12
2.2. Affordable Housing 13
2.3. Real estate in Ahmedabad 14
2.4. Affordable housing scenario in Ahmedabad 16
2.5. Financial Ecosystem of Real Estate projects 17
2.6. State Policy and incentive to private developer for affordable housing 18
2.7. Challenges related to financial feasibility for affordable housing 19
2.8. Factors affecting feasibility of any real estate project 20
2.9. Financial feasibility 20
2.10. Tools for Analysis of financial feasibility 21
2.10.1. Net Present Value (NPV) 21
2.10.2. Internal Rate of Return (IRR) 22
2.10.3. Pay Back Period 22
3. Data Collection 23
3.1. Introduction 23
3.2. Opinion Survey 23
3.3. Sample Composition 24
3.4. Key findings and Results 24
3.5. Selection of Case Studies 25
3.5.1. Ahmedabad: Major-Market Delineation 25
3.5.2. Zone wise information regarding affordable projects 26
3.5.3. Case studies 27
3.6. Case study – 1 – Project A 30
3.7. Case Study 2: Project B 32
3.8. Case Study 3: Project C 33
3.9. Case Study 4: Project D 35
4. Data Analysis 38
4.1. Concepts used for Analysis 38
4.1.1. Case study -1 or Project A 38
4.1.2. Case study -2 or Project B 39
4.1.3. Case study -3 or Project C 40
4.1.4. Case study -4 or Project D 41
4.2. Compiled Analysis 42
4.3. Parameter plotting 42
4.4. Project Cost- Profit Comparison
 44
4.5. Profit Comparison – Actual vs Discounted 44
4.6. Revenue Distribution Analysis 45
4.6.1. Analysis for new cases for 30/40/50 % 47
5. Conclusion 49
6. Future scope 50
7. References 51
8. Appendices 52