Table of Contents
CH APTER I : INTRODUCTION 5
I Introduction 6
1. 1 Need For Study 8
1. 2 Area of Interest 10
I .3 Aim of the Study 10
1.4 Objectives of the study 10
I . 5 Sc ope of Study 10
1.6 Use fulness of the Study 11
CH AP TER 2: LITERATURE REVIEW 13
2 .1 Introduction 14
2.2 Why Real Estate Market Analysis? 15
2.3 What Is Real E state Market Analysis? 15
2.4 How Much M arket Analysis? 15
2.5 Methods for Calcula ting Land Value 16
2 .5.1 Accessibility and Proximity Levels 16
2.5. 2 Qualitative analysis 16
2 . 5.3 Descriptive statistics 17
2.5.4 Market Activity and Business Comp etitiveness Surveys 17
2.5.5 Proje cted ratable values 17
2. 5.6 Linear Structural Relation ( LIS REI ) 17
2.5.7 Regression analysis 17
2.5.8 Bedonie pricing 18
2.5.9 GIS mappin g techniques 19
2.5.10 Gravity Model 19
2.5.11 Reilly Model 20
2.6 Factors Affecting Value of A Prop er ty 20
2.6.1 The Demand Factors 24
2.6.2 The Supply Factors 24
2.6.3 Physical Infrastru cture 25
2.6.4 Social Infrastructure , 25
2.6 .5 Location Advant ages 26
2.6.5.1 Location of real-estate 27
2.6.5.2 Locational Properties 27
2.6.6 Transport Linkages 28
2.6. 7 Socio Economic Factors 28
2.6.8 Demography and socio cultural factors 29
2.6.9 Structural Factor 29
2.6.10 Environmental factors 30
2.6.11 Land use regulations 32
2. 7 Research Gap 33
CHAPTER 3: DAT A ANALYSIS 35
3.1 Overview 36
3.2 Methodology 36
3.2.1 Study framework 36
3.3Data Collection 37
3.3.1 Selecting The Sample Areas From The Study Area 38
3.3.2 TP Schemes of Study Area 38
3.4 Sampling Method 44
3 .4.1 Preparation of Questionnaire 44
3.4.2 Sampling Method 45
3.4.2.1 Correlation analysis 45
3.4.2.2 Step wise Regression 45
3.4.2.3 Backward Regression 45
3.5 Computation of Primary Data 46
3.6 Property rate trend analysis 53
3.7 Hedonic model 53
3. 7 .1 Findings from the hedonic model study 56
CHAPTER 4: DATA COLLECTION 60
4.1 Statistical Analysis of Property Values 61
4.1.1 Statistical methodology: Correlation Analysis 61
4.1.2 Statistical methodology: Enter Regression Analysis 62
4.1.3 Statistical methodology: Stepwise Regression Analysis 63
4.1.3 Statistical methodology: Backward elimination 66
CHAPTER 5: CONCLUSION 69
5.1 Conclusion 70
5.2 Suggestions and Reconnnendations 70
5.3 Scope for fu,ther R.esearch 71
References 72