The standard penetration test (SPT) based evaluation of liquefaction potential of a soil beneath a structure is normally conducted by considering the soil as if it were in the free field, away from the structure. It is found from studies that the excess pore pressure distribution near a structure can significantly differ from that in the free field. It indicates that the presence of structure at the ground surface has a significant effect on liquefaction potential in terms of vertical stress and horizontal shear stresses induced by the structure. Thus, the presence of the initial static shear stress induced by the structures has a significant effect on the liquefaction resistance of soils, depending on the type of structures and soil density. Hence, there is a need to modify the typical procedure of evaluating the liquefaction potential by incorporating the stresses induced by a structure. In this study, the cyclic stress ratio has been determined for the free field and by taking the vertical stress and horizontal shear stress into account. The liquefaction analysis done for a location of Guwahati city, which falls in high seismic zone V, is presented in this paper. A detailed evaluation of liquefaction hazard is carried out by estimating liquefaction potential with data from SPT.