The value of land in India is growing at a rapid rate since the 2-3 decades. The hike in the prices in urban areas are actually much higher and you can get a better appreciation value.
Speaking about calculating the price of your property, I would suggest these few things:
Use Online Valuation tools
There are several tools available online for finding out the valuation of your property. I found one with the name Viluvalu and was quite satisfied with the calculations. These tools will help you get an overall idea of the current price of the property in your locality.
Get Comparative Market Analysis
Another thing you can do is compare various properties in and around your locality and note down the prices of the property depending on the area, type, age, construction condition and so on. This will give you a thorough idea about the price of your property.
Search for the Property Yourself by Contacting Real Estate Advisors
You can always take Real Estate Advisors help if needed. He/she will help you understand the exact value of your property. However, there is always a possibility that he/she might persuade you to make a deal through them and ask for a commission. So it is better to research online and enquire about the property rates in your area before going to a Real Estate Advisors.
Lastly, three things that matter while calculation the property price are the location, property type including its age and the area of the property.
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As a property owner, how do i know the current price of my property?
Shreyas G
328 Views
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5 Year
2020-09-10T11:42:10+00:00 2025-02-12T22:10:32+00:00Comment
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