Nandana L S

UH4001

Redevelopment of Government Staff Quarters

The Housing Project Studio focuses on exploring the development opportunity of a piece of land, for the stakeholders involved. The main objective of the studio is to find out the best possible way to put a parcel of land into developing a residential/ mixed use real estate project with appropriate product mix that is workable in the micro market. To also check whether the proposed project is financially viable to the developer and other involving stakeholders considering the constrains and demands. This particular project is focused on Redeveloping Government Staff Quarters Land in Kozhikode, Kerala. To do this project, a detailed study on the city, its growth factors, market demands and drivers and legal formalities were studied in detail. Identification of a potential parcel of land following Delphi technique, then the site and its context with the development control rules and the micro market study the project iterations were devised. The aim was to develop a 12.3 ha land in a tier II city for a developer, which is financially feasible along with the redevelopment of existing structures present at the site. 


Report Content

About the Studio

Introduction to the city, its background study, growth centers and real estate market study

Land Potential Analysis through Delphi Technique. The legal status of the selected land parcel the abiding rules.

The Non Gazetted Officers staff quarters land, Vellimaadukunnu, Kozhikode. Redevelopment of this brown field site owned by the Kerala State Government. The neighbouring context and the physical features existing at the site.

The micro market analysis done at 3 km radius of the site, with selected projects that came up in past 5 years.

Project inflow and outflow assumptions for project proposal, and iterations that are considered.

Project brief and activity scheduling of the project across 3 phases.

The Financial Feasibility analysis of the final iteration considered along with the developer's equity consideration and cost escalation consideration.

The conceptual layout plan and construction phasing with that conceptual plan.

Marketing Strategies, project summary and conclusion.