Beruflich Dokumente
Kultur Dokumente
Submitted by:
Shruthi Thakkar (present)
Ganesh (present)
John Israel
Adhreja
HOUSING
MARKET ANALYSIS
Studies that Focus on the Market
Analysis of Local Economic Conditions
Study of the fundamental determinates of the demand for all
real estate in the market
Market Analysis
REAL ESTATE
MARKET ANALYSIS
Studies That Focus on Individual Decisions
Feasibility Analysis
Evaluates a specific project as to whether or not it is
likely to be carried out successfully
Investment Analysis
Demand Analysis
Population Households Housing Units
Supply Analysis
5. Analysis comparing demand and supply
Equilibrium Analysis
How much rent can be charges?
Is the location competitive?
Are the property attributes competitive?
How much of the demand can be captured?
Capture Analysis
OBSOLESCENCE AND
DEPRECIATION FACTORS
b. the price of the service delivered becomes and remains zero because of reduced
demand.
3. When either of these two factors results in a return which does not justify the costs of
retaining the asset, the owner may decide to retire the asset before the absolute zero
rental value position is reached.
4. This combination of the wearing out of the asset and reduced demand resulting in
lower rental price for a reduced quantity of service, results in lower asset value and this
reduction is called depreciation.
5. The wearing out of an asset is a function of its previous use, and we can take its age
as a reasonable proxy for this, assuming continuing use in each period of its life so far.
We can describe the reduction in quantity of service provided through an age
efficiency chart. In broad terms, the older the asset, the less quantity of services
provided in a period.
6. The reduction in price of the service is a function of how demand for the service
varies with time. The price is not a function of previous use reflected in its age, but
purely reflects how the demand for this service has changed.
10
This reduction in demand over time, reflected in the reducing price, is what commonly
known as obsolescence.
WHAT IS HOUSING
DENSITY?
Housing density or residential density refers to the number
of homes per unit of land. It is typically reported in dwelling
units per acre (or du/ac).
HOUSING DENSITY
THE AMOUNT OF HOUSING IN A GIVEN AREA
HOUSING
AFFORDABILITY
WHEN IS HOUSING
AFFORDABLE?
A household should spend no more than 30% of its total
income on housing costs, including mortgage or rent
payments & utilities
More than 30%: housing cost burdened
GOVERNMENT POLICIES
ON LOW INCOME
HOUSING
50
Pucca
45
Semi-Pucca
Kutcha
40
41.17
35
29.79
30
25
18.09
20
15
10
5
11.8
4.35
2.35
6.8
3.11
6.21
3.3
8.08
2.7
9.16
2.18
1971
(18.5)
1981
(28)
1991
(39.3)
Year
2001
(52.06)
2007 *
(58.83)
Growth of Slums
61.8
46
28
WAY FORWARD
Central Government
JNNURM and social housing to be given stronger boost
with reform emphasis, additional funds and new
components
State Governments
State Housing Board to be reactivated with definite
purpose and definite targets.
Land to be provided at nominal cost for economically
weaker sections and controlled prices for LIG and MIG
Cooperative Societies to be encouraged
CONCLUSION
Historically, housing for the poor and the economically weaker sections
of the society ( EWS) has been provided by the government under
various welfare schemes.
The main reasons for rise in shortage in affordable housing on the
supply side is lack of availability of urban land, rising construction costs
and regulatory issues while lack of access to home finance for low
income groups are constraints on the demand side.