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A slum redevelopment project is proposed to deal with the increasing population of slums in Ahmedabad city. The project is conducted under In-situ Slum Redevelopment (ISSR) vertical of Pradhan Mantri Awas Yojna. A feasibility study for the construction of a 856 units redevelopment project in Ahmedabad city of Gujarat was conducted as a part of the studio, Construction Project Formulation and Appraisal. Currently the projects under ISSR are getting delayed lacking to meet the needs of the slum population. Hence before undertaking a project it is necessary to understand the outline and goals of a project. For this various exercises are carried out which includes risk management, stakeholder identification, context analysis, demand analysis, financial viability, project cost breakdown to name a few. Through this study the actual scenario of the project can be better understood based on which the project’s viability is determined