An Assessment on the Building Demand Forecasting by Linear Regression Analysis

Raghavan T.R , SindhuVaardini U

Abstract

An accurate forecasting of prospective building demand in a developing city with high growing population is always a useful task for the socio-economic improvements all along the city. It also involves in the welfare and improvement of the people of all categories. Despite that, a realistic forecasting of all types of buildings (incl. residential, commercial, and governmental) is never an easy task, as it governed by a number of social and economic factors. In this project a leading indicator model is developed especially for the demand forecasting of all type of buildings in Erode city, District headquarters of Erode District, Tamilnadu. This study comprises factors and statistics required for the  Linear regression analysis.