Goyal Vidhi Rajesh Rakhee

UP4051

The research study “Impact of Metro on Housing Rentals in Ahmedabad”, supervised by Dr. Astha Agarwalla and Dr. Rutul Joshi at CEPT University, investigates how metro infrastructure shapes rental housing prices in Ahmedabad. Drawing on a comprehensive dataset of rental units, the analysis incorporates housing characteristics (built?up area, BHK, furnishing, age, floor count, parking, carpet area) and locational attributes (distance to arterial road, road?width, metro proximity buffers, station count, land?value rate). Using multiple linear regression, the model highlights proximity to metro stations as a significant driver of rental premiums, with an optimal walkable zone around stations. Non?linear distance effects reveal diminishing returns beyond this zone. Housing features such as additional bedrooms and furnished status also emerge as strong positive influences, while larger unit sizes exhibit moderate per?unit effects. Keywords: metro proximity, rental premium, housing characteristics, locational attributes, buffer analysis, non?linear effects, transit?oriented development, inclusionary housing, sustainable urban planning.