Lifecycle Risk Assessment and related decision making for residential real estate Projects in Ahmedabad.
The real estate sector, particularly residential projects, involves various complexities throughout its
lifecycle, encompassing design, construction, and post-occupancy phases. Each stage carries unique
risks and technical challenges that can significantly impact project feasibility, financial viability, and
long-term sustainability. This study focuses on assessing lifecycle risks—such as design inefficiencies,
construction delays, material durability, and operational issues—and evaluating technical feasibility
to ensure robust project execution and performance.
The research aims to provide a comprehensive framework for identifying and mitigating risks,
integrating advanced tools like risk matrices and lifecycle costing analysis. By analyzing case studies
in Ahmedabad, the study will address challenges like evolving regulatory requirements,
environmental considerations, and maintenance cost optimization. Emphasis will also be placed on
adopting resilient construction practices and technology-driven solutions for improved project
outcomes.
Ultimately, this research aspires to equip stakeholders with actionable insights, enhancing decisionmaking
and fostering successful residential project development in Ahmedabad's dynamic urban
landscape.