CM4050-DRP001134

Faculty: Jigar Pandya

Risk Analysis for Redevelopment of Residential Real Estate projects from the perspective of a Real Estate Developer

In the ever-evolving landscape of real estate, urban development has become synonymous with opportunity and innovation. The renewal of aging residential properties through redevelopment projects has emerged as a pivotal force shaping the real estate market. This directed research project will embark on an exploratory journey into the multifaceted world of residential real estate redevelopment, offering a unique perspective from the lens of a real estate developer. The pivotal question guiding this study is, "What are the key risks faced by real estate developers in the process of redeveloping residential properties?" Redevelopment endeavors are complex, laden with legal, financial, logistical, and socio-environmental challenges. Real estate developers are at the forefront of this transformation, navigating through a myriad of uncertainties. Their success or failure in mitigating risks can significantly influence the urban landscape and housing markets. Through an in-depth analysis of case studies, expert interviews, and extensive data, this research project aims to shed light on the intricacies of risk assessment and management in residential real estate redevelopment. The findings will provide valuable insights to developers, investors, policymakers, and urban planners, facilitating informed decision_x0002_making and fostering sustainable, vibrant communities.