CONTENTS
1 Introduction 5
1.1 Project Background . 5
1.1.1 Approved Phases 6
1.2 Understanding Ahmedabad Real Estate 7
1.3 Impact On Real Estate . 8
1.4 Need For Study 9
1.5 Research Questions . 9
1.6 Hypothesis . 9
1.7 Objective 9
1.8 Aim 10
1.9 Scope 10
1.10 Limitations 10
1.11 Methodology . 11
2 Literature Review . 13
2.1 Concepts Of Real Estate Sector 13
2.1.1 Introduction To Real Estate Sector . 13
2.1.2 Market Classification . 13
2.1.3 Real Estate Cycle 14
2.1.4 Key Players Of Real Estate 15
2.1.5 Factors Influencing Property Rates 15
2.2 Tranformation In Land Use 16
2.2.1 Change Of Land Use . 16
2.2.2 Structural Elements Of Transportation 17
2.3 Characteristic Of Infrastructure Projects . 18
2.4 Related Case Study . 18
2.4.1 Case Study : Delhi Metro 18
2.4.2 Case Study: Kolkata Metro Corridor 19
3 Ahmedabad City And Ahmedabad Metro 21
3.1 Ahmedabad City 21
3.1.1 Ahmedabad Road Transport . 23
3.2 Ahmedabad Metro 24
3.2.1 Project Background . 24
3.2.2 Benefits Of The Project . 25 Thesis:
3.2.3 Project Description 25
3.2.4 Review Of Earlier Studies . 27
4 Real Estate Sector In Ahmedabad 28
4.1 Introduction . 28
4.2 Real Estate Market Scenario Of India 28
4.3 Real Estate Market Of Ahmedabad 28
4.3.1 Real Estate Bill 2013 . 30
5 Impact Of Metro On Ahmedabad 31
5.1 Data Collection 31
5.1.1 Local Level Data 31
5.1.2 Impact Of East-West Corridor (Thaltej To Vastral) Metro Line. . 31
5.1.3 Study Area Delineation . 31
5.1.4 Impacts On Land Use 32
5.1.5 Land Use Profile: Development Of Nodes . 32
5.1.6 What Are Land Use Changes? 32
5.1.7 Impacts On Real Estate . 33
5.2 Price Comparision For Different Nodes 33
6 Conclusion . 45
6.1 Impact Of Accessibility Benefits . 46
7 Bibliography 49