Land Economics and Real Estate

Subject Code: MURP 204 Subject Name: Land Economics and Real Estate Marks for external Total Credits Duration of Teaching Marks for Examination Sessional work Examiner Marks "Schedule Lecture Studio 2 3 hours 25 75 100 Paper Setting Total Eight Questions: Q.No. 1 MCQ which is compulsory, Each unit shall have one question, total of questions to be attempted five Objective The course intends to make the students understand the concept of land markets and how the development ofcitiesisdirectedwithreal estate developers.

Content Module 1 "Economic concepts of land, demand forecasting for land use, land valuation; economics to identify land use; factors affecting land supply and demand; land development method, environmental considerations.

Module 2 Economic Aspects of Land Policies at Various Levels of Decision Making, Private land assembly, co-operatives in land development, land pooling and plot reconstitution, , Transfer of development rights, land sharing and land lease, Joint Venture and FDI in land development.

Module 3 Land valuation techniques- Comparison Method, Residual Method, Discounted Cash Flow Method; land pricing, subsidies, auctions; type of development: plotted, flatted system, and their effect on land pricing; Module 4 Definition of Real Estate - Physical, Financial and Social Perspectives Concepts of Real Estate Analysis - Mapping Supply to Understand Markets; Demand Factors Affecting Real Estate Development, Demand-Supply Gap Analysis; Emerging Areas of Real Estate Development:

Approvals BOS:2 21/01/2021,31/03/2021 Sub Academic Council:

Academic Council: 9/11/2020 BOM:

Signature University School of Architecture and Planning Master of Planning (Urban and Regional Planning) Diversification to Logistic Hubs, Industrial Parks, Hospitality Sector, Health and Education Sector by Private Players; Introduction to Financial Models.

Transaction and Renting of Real Estate: Lease Deeds/ Sale Deeds, Sale Documents, Registration; Mortgage and Pledging.