Contents
1.0 INTRODUCTION: 1
1.01 BACKGROUND: 1
1.02 NEED FOR THE STUDY: 2
1.03 OBJECTIVES: 2
1.04 SCOPE OF THE STUDY: 2
1.05 RESEARCH DESIGN: 3
1.05.1 Literature Review: 3
1.05.2 Data Collection: 3
1.05.3 Financial Model: 3
1.05.4 Analysis: 3
1.05.5 Conclusion: 4
1.06 TIMELINE OF THESIS: 4
1.07 LIMITATIONS OF THE STUDY: 4
2.0 LITERATURE REVIEW: 5
2.01 INTRODUCTION: 5
2.02 INDIA: 5
2.03 GUJARAT: 5
2.04 AHMEDABAD: 6
2.04.1 Introduction: 6
2.04.2 Population of Ahmedabad: 7
2.04.3 Urbanisation in Ahmedabad: 8
2.04.4 GDP of Ahmedabad: 8
2.04.5 Housing: 8
2.05 REAL ESTATE MARKET SCENARIO OF AHMEDABAD: 8
2.05.1 Introduction: 8
2.05.2 Ahmedabad Residential Real Estate Market: 9
2.05.3 Ahmedabad Residential Real Estate Micro-Market Classification: 10
2.05.4 Demand & Supply of Residential Units in Ahmedabad: 10
2.05.5 Consumer preference by budget and covered area: 11
2.06 BUILDING HEIGHT AS PER CGDCR: 12
2.06.1 Building Height in Ahmedabad as per current bylaws (CGDCR): 12
2.06.2 Building Height in Ahmedabad as per Notification of Tall Building Policy: 12
2.07 REVIEW OF LITERATURE RELATED TO RESEARCH: 13
2.07.1 Explained: Why Gujarat is allowing buildings 100 metre tall in five cities: 13
2.07.2 Building regulations are a barrier to affordable housing in Indian cities: the case of
Ahmedabad: 13
2.07.3 High-rise Buildings - Need & Impacts: 13
3.0 DATA COLLECTION: 14
3.01 INTRODUCTION: 14
3.02 CURRENT RESIDENTS OF HIGH-RISE BUILDING SURVEY: 14
3.02.1 Reason for the survey: 14
3.02.2 Sampling Size: 15
3.02.3 Respondents and Methodology: 15
3.02.4 Format of the Questionnaire: 15
3.03 PROPERTY BUYER'S SURVEY: 15
3.03.1 Reason for the Survey: 15
3.03.2 Sampling Size: 16
3.03.3 Respondents and Methodology: 16
3.03.4 Format of Questionnaire: 16
3.04 DEVELOPERS SURVEY: 17
3.04.1 Reason for the Survey: 17
3.04.2 Sampling Size: 17
3.04.3 Respondents and Methodology: 17
3.04.4 Format of Questionnaire: 17
3.05 LAND COST: 18
3.05.1 Areas Selected: 18
3.05.2 Reason for Selection of Area & Methodology: 18
3.05.3 Land Cost: 18
4.0 FINANCIAL MODEL: 20
4.01 INTRODUCTION: 20
4.02 METHODOLOGY: 20
4.03 LAND COST & FSI CALCULATION: 22
4.03.1 For West Ahmedabad (Jagatpur Area) 22
4.03.2 For East Ahmedabad (Nikol Area) 23
4.04 CONSTRUCTION COSTS: 24
4.04.1 For 7 floors F.P. No. 57, T.P.S. No. 65, Jagatpur (West Ahmedabad): 24
4.04.2 For 14 floors F.P. No. 18, T.P.S. No. 34, Jagatpur (West Ahmedabad): 25
4.04.3 For 22 floors F.P. No. 27, T.P.S. No. 35, Jagatpur (West Ahmedabad): 26
4.04.4 For 35 floors F.P. No. 18, T.P.S. No. 34, Jagatpur (West Ahmedabad): 27
4.05 SUMMARY TABLE: 28
4.05.1 For 7,14, 22 & 35 floors for West Ahmedabad (Jagatpur Area): 28
4.05.2 For 7,14, 22 & 35 floors for East Ahmedabad (Nikol Area): 29
4.05.3 Assumptions for Financial Model: 30
5.0 DATA ANALYSIS: 31
5.01 INTRODUCTION: 31
5.02 EXISTING HIGH-RISE RESIDENTS SURVEY: 31
5.02.1 Overview: 31
5.02.2 Analysis of Factors: 32
5.03 PROPERTY BUYERS SURVEY: 33
5.03.1 Overview: 33
5.03.2 First-level Analysis: 34
5.03.3 Second-level Analysis: 35
5.03.4 Third-level Analysis: 38
5.04 DEVELOPERS SURVEY: 42
5.04.1 Overview: 42
5.04.2 Analysis of factors: 42
5.05 COMPARISON OF FINANCIAL MODEL: 44
5.06 FINDINGS: 45
6.0 CONCLUSION: 47
6.01 CONCLUSION: 47
6.02 FUTURE SCOPE OF STUDY: 48
BIBLIOGRAPHY 47
APPENDICES: 49
CURRENT RESIDENTS OF HIGH-RISE BUILDINGS SURVEY QUESTIONNAIRE: 49
PROPERTY BUYERS SURVEY QUESTIONNAIRE: 50
DEVELOPERS SURVEY QUESTIONNAIRE: 51