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The redevelopment of public housing maximizes the utilization of land by upgrading existing structures, and utilizing the remaining FSI, which is then sold in the open market by the developer. This project in the most sought after area in Ahmedabad for mixed use development with the new evolving
neighborhood , demonstrates optimal viability, boasting a 36% Internal Rate of Return (IRR) and a 75% Return on Investment (RoI). Despite the complexity of the redevelopment involving multiple stakeholders, strategic tripartite negotiations ensure that the project remains financially sound. Despite the nuanced cashflows of the project, the proposed model is feasible.