Hello,
Well as you said as per dimensions of the plot that X direction is smaller, it becomes necessary to add shear walls in X direction as it is critical in that direction during seismic analysis. Regarding the system you have asked you can provide core wall around the lift and staircase and columns, however you have to see which zone the plot is located. if it is till zone 2B then i think this system is acceptable as you can have high response reduction factor value. Also even if you are using walls you can reduce the size of walls in terms of thickness as well as length as you go to higher stories. This reduction also should be done in a reasonable manner. There is also another system of haunch girders which could be economical and can be used in zone 3 or 4. There are many systems also like frame tube system or shear wall frame system etc. which could be economical.
Thankyou,
Regards,
Areeb Ahmed.