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Q.

What is the resale value of a 2-bedroom apartment, which is 25 years old in Dilsukhnagar Rangareddy district, Hyderabad?

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0 2023-07-31T12:02:04+00:00

I also wanted to know the market value of our 25-year-old home, and I found a helpful response on the NoBroker site. 

Simply use the fundamental equation: Resale value is equal to the value of an undivided part of land plus the depreciated worth of buildings and amenities plus the value of overhead, levies, and other expenses. Keep in mind that the depreciation rate rises by 1.5% per year.

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You can go through the answer as well here for more help:

How to determine the resale value of a property? How to know the price of an old flat? 
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