Baclony can add approximately 12% value to a property in India. Balconies have long been a popular spot for relaxation. Nowadays, potential buyers are paying more even for smaller balconies in cities like Bangalore or Mumbai because of the soaring cost of real estate.
The rate of your property will be high if your balcony is large enough to put chairs or faces a lake view. If the balcony is facing another wall or building, the rate will be comparatively lower.
A balcony enhances the home's value and appeal to potential buyers by adding an emotional element, like:
Plant-growing space
Better ventilation
Pets’ space
Laundry drying area
Offer extra living space
A balcony might serve as a dedicated area for your wellness routines if you enjoy stretching and yoga or are an exercise enthusiast. From my experience, let me tell you, rental homes with balconies are mostly preferred by tenants and cost about Rs. 2000 per month more. Also, a balcony can add higher value to a high-rise apartment or flat with south or east-facing sunlight.
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If you ask me how much value does a balcony add to a house in India, I will say, on average, it is 12%. A balcony can even increase a home's value by more than 12%, and purchasers looking for outdoor space frequently demand a higher price. It depends on the following factors:
- Location:
In cities or heavily crowded places with little outdoor amenities, balconies are more valuable.
- Views:
A balcony with a fantastic view is quite appealing and can fetch a higher price.
- Its durability:
Because of the desire for a private outside area for leisure and fresh air, buyers are frequently willing to pay more for homes with balconies.
- Design and condition:
A balcony with a smart landscape or one that is well-maintained can offer more value than one that is simple.
How Much Value Does a Balcony Add to a House?
Yagran86
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2025-11-21T09:00:57+00:00 2025-11-23T13:21:19+00:00Comment
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