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Investing in Property

Questions Answered (17)

Must we invest in apartments or in plots for higher appreciation in bangalore ?

Aditya Verma

CEO & Business- Head
Makaan.com

It is completely your choice whether you want to move into apartment or construct a house. However, for better appreciation, you can look at following localities which comes under Top 50 investment options in India , a research conducted by Makaan.com. These localities appreciated from 10-30% last year, which is mentioned below and expected to give good returns in future

hi, how would you rate kundli, greater Gurgaon (Sohna) and dwarka express way from investment perspective with a 10 year time horizon.

Aditya Verma

CEO & Business- Head
Makaan.com

I see a good future for Sohna compared with Dwarka expressway as it has been planned very well. There is a good mix of residential and commercial activity which is critical for the success of any region. The corridor starting from Golf Course extension towards Badshapur and all the way to Sohna is at a stage that Gurgaon was about 7-8 years back. So between the two options I will prefer Sohna. Good luck for your investment :). Dwarka Expressway - Dwarka Expressway has come up essentially as a residential area with very little commercial activity. Typically such areas have limited grown potential.

Hello sir , 1)Want to ask is there gone be a price correction in real estate market in coming months? if yes what would be the margin of it 2)I am looking for 1rk in goregaon east or 1bhk in mira road east around 50lakhs what do u think is better option in terms of growth maximum i can stretch my self with 60 lac including all after sale expenses.

Aditya Verma

CEO & Business- Head
Makaan.com

Real estate sector went thru a challenging 1 years with high input cost, low transaction and unsold inventory. These factors kept a lid on the price appreciation. Many cities in India did not experience any significant price rise. With the new government coming in, we can hope for a sentiment revival and increase in transaction. I do not foresee a price correction in the coming months.

I would like to buy an apartment in Bangalore for around 40 Lkhs. But the water scarcity in the city is alarming should this be taken into account while buying the apt. or is it better to invest in a plot.

Aditya Verma

CEO & Business- Head
Makaan.com

Water is a very basic human requirement and needs to be taken into consideration if anyone would like to stay at a place for next 20-30 years. I am sure the local government would have the water table level for various locations in the city. If you are unable to find the relevant government department that has this information, you can look at online services that show the water levels of cities on a map. Among the areas that you finally shortlist, prefer areas that have adequate water table. It would be helpful both for investing and self use.

hi Aditya - i am selling my property in gurgaon over which i am getting an additional premium of Rs. 2.50 lakhs. the buyer is ready to pay this additional premium amount of Rs 2.50 lakhs through DD in my name.. as this amount is going to be reflected in my bank statement , is it liable for income tax and how much income tax , do i need to pay for receiving premium amount of Rs 2.50 lakhs.. please advise

Aditya Verma

CEO & Business- Head
Makaan.com

Yes, you will have to show this in your current year income. If you do not invest the proceed in another property, the premium will be considered as short term capital gains and income tax slab equivalent to your income will be applicable.

I would like to know about a project named " Navyangan " Intergrated Township in Pirangut - New Pune. Is it a good investment option ? or can you give me a better option in pune?

Aditya Verma

CEO & Business- Head
Makaan.com

I am sorry, as a policy we do not comment on any specific Builder / Project in public. However, I would urge you to check the past track record of the builder before making any investment. The property prices in Pune varies from 4000 to 6000 psf on an average depending on the location and the reputation of the developer. There are areas on the outskirts that may come in at a cheaper arte. In the given market situation, you can expect an appreciation of 5-8% per annum in the overall residential property market in Pune.

I wish to make an investemnt of around 15-20 Lakhs from a long term ( 10-15 year) horizon. I am residing in Delhi and loactions like NCR,Jaipur, Chandigarh shall be preferable. I already have bought a 2 BHK flat last year in Noida Extension. Maybe this time I would like to consider a plot. Request you to kindly guide on what are my options.

Aditya Verma

CEO & Business- Head
Makaan.com

If your preference is for plot, you can get good options in the Noida area specifically along Sector 150, Sector 166, Noida Extension, Sector 88

more (10)

Property rates in India

Note
Central Mumbai suburbs Capital Values Rate/Sq ft (INR) (min / max)
Bhandup (East) 12400
Bhandup (West) 13050
Central-Mum-Suburbs/Others 14800
Chandivali 16950
Chembur (East) 16800
Chembur (West) 11800
Chunabhatti 15350
Ghatkopar (East) 13400
Ghatkopar West 12950
Hiranandani Gardens - Powai 22050
Kanjur Marg (East) 11250
Kanjur marg (west) 13600
Kurla (East) 11550
kurla (west) 12500
LBS Marg 14750
Mulund 13450
Mulund (East) 11100
Mulund (West) 13700
Nahur 11800
Powai 17850
Raheja Vihar 17200
Sion (East) 16500
Sion (West) 22000
Vikhroli (East) 12750
Vikhroli (West) 14400
Mira Road And Beyond Capital Values Rate/Sq ft (INR) (min / max)
Bevarly Park 6550
Bhayander (East) 6350
Bhayander (West) 6400
Boisar 2550
Kashimira 6400
Kelve mahim village 2500
Mira Bhayandar 6850
Mira Road 6500
Mira Road East 6900
Naigaon (East) 3400
Naigaon (West) 3900
Nalasopara (West) 3500
Nalasopara East 3950
Nallasopara 3800
palghar 2800
Poonam Gardens 6800
Shrishti 8200
vasai 5050
Vasai East 4550
Vasai Road 4000
Vasai West 5700
Vijay Park 6500
Virar 4450
Virar East 4050
Virar West 4550
Mohali Capital Values Rate/Sq ft (INR) (min / max)
Sector 70-Mohali 6150
Sector 85-Mohali 4450
Sector 97-Mohali 3000
Mumbai Andheri-Dahisar Capital Values Rate/Sq ft (INR) (min / max)
4 Bunglows 18650
7 Bunglow 19150
Andheri (East) 13200
Andheri (West) 18650
Borivali (East) 12500
Borivali (West) 12000
Chakala 14900
Chandivali 16950
Charkop 10700
Chincholi Bunder 12600
Dahisar 10150
Dahisar (East) 9700
Dahisar (West) 11200
Evershine Nagar 14000
Film City Road 13550
Gokuldham 12200
Goregaon (East) 14350
Goregaon (West) 12900
I C Colony 12150
J B Nagar 16450
Jankalyan Nagar 12500
Jogeshwari (East) 14700
Jogeshwari (West) 14700
JVLR 21400
Kandivali (East) 13400
Kandivali (West) 11200
Link Road 12450
Lokhandwala 22300
Mahavir Nagar 13350
Malad (East) 11200
Malad (West) 14150
Malvani 9250
Marol 11800
Marve Road 10450
Orlem 12850
Oshiwara 16950
S V Road 14400
Sakinaka 14000
Thakur complex 11850
Thakur Village 15150
Veera Desai Road 17850
Versova 19950
Yari Road 19050
Yogi Nagar 13000
Mumbai Beyond Thane Capital Values Rate/Sq ft (INR) (min / max)
Ambernath 3200
Asangaon 2600
Badlapur 3000
Badlapur (East) 3150
Badlapur (West) 3350
Bhiwandi 3100
diwa 3850
Dombivili (East) 5700
Dombivili (West) 4850
Kalwa 6800
Kalyan (East) 5000
Kalyan (West) 4350
Karjat 2600
Khadakpada 4300
Kharegaon 6950
Khopoli 2500
Mum-Beyond-Thane/Others 9700
mumbra 3300
Neral 2900
Shahpur 2450
Sheel Phata 4500
thakurli 5100
Titwala 3250
ulhasnagar 3650
Vasind 2500
Mumbai Harbour Capital Values Rate/Sq ft (INR) (min / max)
Chembur 14050
Deonar 14300
Govandi 14500
GTB nagar 11550
Sewri 33550
Sion Trombay Road 21150
Tilak Nagar 15800
Wadala 19700
Wadala East 20500
Mumbai Navi Capital Values Rate/Sq ft (INR) (min / max)
Airoli 8450
Belapur 8000
Dronagiri 3800
Ghansoli 6600
jui nagar 7800
Kalamboli 4900
Kamothe 4900
Karanjada 4400
Khalapur 3000
Khandeshwar 5500
Kharghar 6650
Koperkhairane 7850
Navade 4100
Nerul 9550
new panvel 4600
palm beach 15950
Panvel 3850
Rasayani 2800
Roadpali 5150
Sanpada 10000
Sea Woods 7150
Sector 1 Ghansoli 6950
Sector 11 Belapur 8100
Sector 15 Belapur 9250
Sector 5 Ghansoli 6500
Taloja 4550
Taloja Panchanand 3950
Ulwe 4500
Uran 4850
Vashi 10400
Mumbai South Capital Values Rate/Sq ft (INR) (min / max)
Adarsh Nagar 34300
Altamount Road 68700
Breach Candy 52050
Churchgate 50000
Colaba 47750
Cuffe Parade 66050
Dadar (East) 25950
Dadar (West) 33350
Grant Road 33250
Kemps corner 50000
Lower Parel 32250
Mahalaxmi 41450
Malabar Hill 64550
Marine Drive 54000
Matunga 27800
Mum-South/Others 27000
Mumbai Central 47400
Napean Sea Road 60700
Parel 23850
Peddar Road 57100
Prabhadevi 36000
Shivaji Park 34600
Tardeo 46900
Walkeshwar 64850
Worli 35550
Worli Naka 35300
Worli Seaface 40950
Mumbai South West Capital Values Rate/Sq ft (INR) (min / max)
Bandra (East) 22000
Bandra (West) 33700
Juhu 28950
kalina 18650
Khar 30000
Khar West 35200
Mahim (West) 26450
Pali Hill 42700
Santacruz (East) 17050
Santacruz (West) 25250
Vakola 17400
Vile Parle (East) 22250
Vile Parle (West) 24000
Mumbai Thane Capital Values Rate/Sq ft (INR) (min / max)
Anand Nagar 4750
Balkum 8050
Brindavan 10750
Dhokali Naka 9550
G B Road 7600
Ghodbunder Road 7350
Hiranandani Estate 12700
Hiranandani Meadows 17800
Kalher 3400
Kalwa 6800
Kapurbawadi 10000
Kasar vadavali 7550
kavesar 8650
khopat 11650
kolbad Road 11000
Kolshe Road 7900
Kopri Colony 10650
Lok Upvan 10950
Lokmanya Nagar 7250
Lokpuram 10750
Louis Wadi 11650
Majiwada 11300
Manpada 8700
Mum-Thane/Others 8150
Naupada 11300
Owale 8000
Panch Pakhadi 10750
Patlipada 10100
Pokharan Road 11200
Pokhran-2 11750
Teen Haath Naka 11050
Thane (East) 8950
Thane West 8600
Utthalsar 11500
Vartak Nagar 10550
Vasant Vihar 10100
Waghbil 7600
Wagle Estate 9700
Dehradun Capital Values Rate/Sq ft (INR) (min / max)
Masoori Bye Pass 3350
Rajpur Road 3300
Sahastradhara Road 3200
Delhi Central Capital Values Rate/Sq ft (INR) (min / max)
Ajmeri gate 1000
Delhi Dwarka Capital Values Rate/Sq ft (INR) (min / max)
Aashirwaad Chowk 9950
Dwarka 8900
Dwarka More 5000
Mahavir Enclave 5550
Nasirpur 8200
Palam 6100
Sector-1 Dwarka 6850
Sector-10 Dwarka 9100
Sector-11 Dwarka 10200
Sector-12 Dwarka 8950
Sector-13 Dwarka 8400
Sector-14 Dwarka 9600
Sector-16 Dwarka 6750
Sector-17 Dwarka 7800
Sector-18 Dwarka 8450
Sector-18A Dwarka 9400
Sector-18B Dwarka 8150
Sector-19 Dwarka 9050
Sector-2 Dwarka 9250
Sector-22 Dwarka 9300
Sector-23 Dwarka 9000
Sector-26 Dwarka 8350
Sector-3 Dwarka 9600
Sector-4 Dwarka 9100
Sector-5 Dwarka 9350
Sector-6 Dwarka 9250
Sector-7 Dwarka 8950
Sector-8 Dwarka 7450
Sector-9 Dwarka 9150
Delhi East Capital Values Rate/Sq ft (INR) (min / max)
Commonwealth Games Village 22500
Del-East/Others 8800
Dilshad Garden 6800
I.P Extension 11500
Indraprastha Extension 11900
Khajuri Road 2250
Laxmi Nagar 6550
Mayur Vihar - I 10000
Mayur Vihar - II 11300
Mayur Vihar - III 8750
New Ashok Nagar 4950
Pandav Nagar 6350
Patparganj 9600
Shahadra 6300
Vasundra Enclave 10000
Delhi North Capital Values Rate/Sq ft (INR) (min / max)
Ashok Vihar 11950
Azadpur 12500
Burari 3350
Civil Lines 14000
G.T Karnal Road 2600
Kundli 3050
Model Town 12400
Narela 3150
Pitampura 12750
Rohini 12500
Sector-13 Rohini 14600
Sector-18 Rohini 10950
Sector-28 Rohini 7000
Sector-9 Rohini 14100
Shalimar Bagh 9750
Delhi South Capital Values Rate/Sq ft (INR) (min / max)
Aaya Nagar 3550
Alaknanda 15150
Anand Niketan 32200
Arjun Nagar 8400
C Block C R Park 14650
C R Park 16600
Chattarpur 4250
Defence Colony 30700
East of Kailash 16300
Freedom Fighter Enclave 6100
Geetanjali Enclave 19850
Ghitorni 3350
Govind Puri 4150
Greater Kailash 18950
Greater Kailash I 17900
Greater Kailash II 20050
Green Park 22200
Gulmohar park 31950
Hauz Khas 19000
Hemkunt Colony 20050
IGNOU Road 4000
Jangpura 20850
Jasola 10000
Kailash Colony 17000
Kalkaji 12500
Khanpur 3700
Khirki Extn. 5000
Lajpat Nagar 14750
Lajpat Nagar III 18250
M G Road 3500
Malviya Nagar 14300
Mehrauli 3700
Munirka 14550
Neb Sarai 4150
New Friends Colony 20300
Okhla 3050
Pamposh Enclave 22700
Panchsheel Enclave 24900
Panchsheel Park 27000
Paryavaran Complex 5050
S.D.A 27800
Safdarjung 20700
Saket 18750
Sarita Vihar 9850
Sarvodaya Enclave 23800
Sarvpriya Vihar 22200
Sheikh Sarai 14500
Shivalik 17000
South Ex. 18850
South Extension II 21700
Sukhdev Vihar 16050
Sultanpur 4450
Vasant Kunj 15000
Vasant Vihar 33350
Delhi West Capital Values Rate/Sq ft (INR) (min / max)
Hari Nagar 9100
Janakpuri 11550
Mohan Garden 4300
Moti Nagar 13000
Paschim Vihar 11250
Patel Nagar 11000
Rajouri garden 12350
Uttam Nagar 4750
Vikas Puri 10000
Dharuhera Capital Values Rate/Sq ft (INR) (min / max)
NH-8 2650
Sector - 1 2400
Sector - 22 Dharuhera 2800
Sector - 23 Dharuhera 2500
Durgapur Capital Values Rate/Sq ft (INR) (min / max)
Bidhannagar 1950
Muchipara 1700
Ernakulam Capital Values Rate/Sq ft (INR) (min / max)
Aluva 3650
Kakkanadu 3650
Faridabad Capital Values Rate/Sq ft (INR) (min / max)
Ashoka Enclave 5050
Ballabhgarh 3500
BPTP 3550
Charmwood Village 9250
Dayal Bagh 3200
Faridabad/Others 3650
Green Field 3950
Green Valley 5650
Mathura Road 7850
Nehar Par 2900
Palwal 2000
Sector 21 Faridabad 5850
Sector 41 Faridabad 7350
Sector 42 Faridabad 5650
Sector 43 Faridabad 6400
Sector 46 Faridabad 5200
Sector 49 Faridabad 4600
Sector 63 3400
Sector 70 Faridabad 3000
Sector 75 Faridabad 4000
Sector 76 Faridabad 3200
Sector 77 Faridabad 3700
Sector 78 Faridabad 3500
Sector 80 - 89 4400
Sector 80 Faridabad 4000
Sector 81 Faridabad 5950
Sector 82 Faridabad 4850
Sector 84 Faridabad 3650
Sector 85 Faridabad 3650
Sector 86 Faridabad 4300
Sector 87 Faridabad 3500
Sector 88 Faridabad 3450
Sector 89 Faridabad 3250
Suraj Kund 6800
Surajkund Bhadkal Road 6400
Ghaziabad Capital Values Rate/Sq ft (INR) (min / max)
Abhay Khand 4750
Ahinsa Khand 5000
Ahinsa Khand 1 6100
Ahinsa Khand 2 5600
Ankur Vihar 2550
Bhopura 2650
Crossing Republik 3250
Delhi Ghaziabad Road 3400
Delhi Hapur Road 2500
Delhi-Merrut Road 1800
G T Road 2050
Ghaziabad 3450
Govind Puram 2850
Gyan Khand 4950
Indirapuram 5400
Indraprastha 2850
Kaushambi 5500
Lal Kuan 2850
Mohan Nagar 3750
N.H-58 2550
NH-24 Highway 2600
Niti Khand 5000
Nyay Khand 5100
Nyay Khand 1 5400
Pratap Vihar 3700
Raj Nagar 3000
Raj Nagar Extention 3000
Rajendar Nagar 3800
Ramprastha 5950
Sahibabad 3800
Shakti Khand 4450
Shakti Khand 2 3800
Shalimar garden 3150
Shalimar Garden Extension I 4100
Siddhartha Vihar 3550
Surya Nagar 4850
Vaibhav Khand 5750
Vaishali 6000
Vaishali Extension 6700
Vasundhara 5250
Greater Noida Capital Values Rate/Sq ft (INR) (min / max)
Alpha-I Gr Noida 4200
Alpha-II Gr Noida 4050
Ansal Plaza-Gr. Noida 3600
Beta 2 Gr Noida 3500
Chi - Phi 3450
Dadri 3100
Eta II 2600
Eta Sector Gr Noida 2300
Gamma II Gr Noida 4200
Golf Course 7000
Greater Noida West 3200
Jaypee Greens 6400
Kasna 2500
Knowledge Park III 4200
NRI City 3750
Omega II Gr Noida 3900
Omicron sector Gr Noida 2750
Pari Chowk 3750
Pi - Sector Gr Noida 3750
Pi -II Gr Noida 0
Sector Chi 3 Gr Noida 3550
Sector Chi 4 Gr Noida 4450
Sector Chi 5 Gr Noida 3500
Sector Chi Gr Noida 4450
Sector MU 2 Greater Noida 1250
Sector Mu Gr Noida 3050
Sector Omega -1 Gr Noida 2900
Sector Omicron I Greater Noida 2350
Sector Omicron III Greater Noida 2950
Sector P-2 Gr Noida 3550
Sector P-3 Gr Noida 3550
Sector Phi Gr Noida 3550
Sector Phi ll Gr Noida 3300
Sector Pi- 1 Gr Noida 3650
Sector Pi- II Gr Noida 3450
Sector ZETA I Gr Noida 3350
Sector-1 Gr Noida 2750
Sector-16 B Gr Noida 3350
Sector-16 Gr Noida 3100
Sector-2 Gr Noida 3300
Sector-4 Gr Noida 3200
Side- C Gr Noida 3000
Sigma IV 3300
Site C Gr Noida 2650
Surajpur 2700
Sushant Megapolis 2400
Swaran Nagri 3500
Taj Expressway 3250
Techzone 3250
Techzone - 3 2750
Techzone - 4 3200
UPSIDC 2350
Yamuna Expressway 2800
ZETA Sector Gr Noida 2950
Gurgaon Capital Values Rate/Sq ft (INR) (min / max)
Ambience 17500
Ardee City 6650
Bawal 2150
Bhiwadi 2500
C Block Sushant Lok Phase - I 10200
Central Park -1 15750
Central Park -2 7350
Dharuheda 2250
DLF CITY 12600
DLF CITY PHASE I 9850
DLF CITY PHASE II 11600
DLF CITY PHASE III 12200
DLF CITY PHASE IV 12350
DLF CITY PHASE V 13400
Dwarka Expressway Gurgaon 5400
Essel Tower 12000
Golf Course Ext. Road 8500
Golf Course Road 13200
Gurgaon-Faridabad Road 9150
Gurgaon-Others 6050
Gwal Pahari 9900
IMT Manesar 3850
Manesar 3850
MG Road 12400
NH-8 2650
Nirvana Country 8000
Palam Vihar 8250
Park View City 9450
Pataudi Road 4500
Rosewood 10600
Sector-10 Gurgaon 5500
Sector-102 Gurgaon 4800
Sector-103 Gurgaon 4250
Sector-104 Gurgaon 7500
Sector-106 Gurgaon 5300
Sector-107 Gurgaon 4850
Sector-108 Gurgaon 4200
Sector-109 Gurgaon 6100
Sector-110 A Gurgaon 6000
Sector-110 Gurgaon 6000
Sector-111 Gurgaon 7000
Sector-112 Gurgaon 4500
Sector-15 Gurgaon 8500
Sector-22 Gurgaon 11050
Sector-27 Gurgaon 11900
Sector-28 Gurgaon 10850
Sector-30 Gurgaon 11150
Sector-31 Gurgaon 11700
Sector-33 Gurgaon 7750
Sector-35 Gurgaon 4850
Sector-37 Gurgaon 4200
Sector-37C Gurgaon 4250
Sector-37D Gurgaon 4400
Sector-39 Gurgaon 6750
Sector-41 Gurgaon 13400
Sector-42 Gurgaon 16100
Sector-43 Gurgaon 8550
Sector-45 Gurgaon 6350
Sector-47 Gurgaon 7400
Sector-48 Gurgaon 9800
Sector-49 Gurgaon 9850
Sector-50 Gurgaon 9650
Sector-51 Gurgaon 7750
Sector-52 Gurgaon 6900
Sector-53 Gurgaon 12250
Sector-54 Gurgaon 12500
Sector-55 Gurgaon 6850
Sector-56 Gurgaon 6950
Sector-57 Gurgaon 8100
sector-58 Gurgaon 11500
Sector-59 Gurgaon 9500
Sector-6 Gurgaon 4050
Sector-60 Gurgaon 9500
Sector-61 Gurgaon 8750
Sector-62 Gurgaon 9400
Sector-63 Gurgaon 7800
Sector-65 Gurgaon 7050
Sector-66 Gurgaon 8200
Sector-67 Gurgaon 7250
Sector-67A Gurgaon 8700
Sector-68 Gurgaon 4050
Sector-69 Gurgaon 5800
Sector-70 Gurgaon 5750
Sector-70A Gurgaon 6200
Sector-71 Gurgaon 4900
Sector-72 Gurgaon 7900
Sector-73 Gurgaon 4800
Sector-76 Gurgaon 4500
Sector-77 Gurgaon 5000
Sector-78 Gurgaon 5500
Sector-79 Gurgaon 5200
Sector-80 Gurgaon 5800
Sector-81 Gurgaon 5200
Sector-82 Gurgaon 4350
Sector-82A Gurgaon 6500
Sector-83 Gurgaon 5450
Sector-84 Gurgaon 4250
Sector-85 Gurgaon 4700
Sector-86 Gurgaon 4350
Sector-88 Gurgaon 6250
Sector-88A Gurgaon 6350
Sector-89 A Gurgaon 6800
Sector-89 Gurgaon 5000
Sector-90 Gurgaon 4450
Sector-91 Gurgaon 4000
Sector-92 Gurgaon 3200
Sector-93 Gurgaon 3300
Sector-95 Gurgaon 4150
Sector-99 Gurgaon 4200
Sector-99A Gurgaon 6000
Sohna 4200
Sohna Road 7050
South City 11550
South City I 11200
South City II 8200
Southern Peripheral Road 5800
Sun City 12650
Sushant Lok 10500
Sushant Lok Phase - I 11000
Valley View Estate 7850
Vatika City 9650
Noida Capital Values Rate/Sq ft (INR) (min / max)
Bhangel 2400
Block F Sector-50 Noida 8200
Noida Extension 3200
Noida-Greater Noida Expressway 4900
Noida/Others 3400
Sector-1 Noida 3100
Sector-100 Noida 5950
Sector-104 Noida 7350
Sector-105 Noida 5150
Sector-107 Noida 5600
Sector-108 Noida 5200
Sector-110 Noida 4900
Sector-113 Noida 4000
Sector-117 Noida 4400
Sector-118 Noida 4050
Sector-119 Noida 4450
Sector-12 Noida 3500
Sector-120 Noida 4850
sector-121 Noida 5000
Sector-128 Noida 7100
Sector-129 Noida 4900
Sector-131 Noida 4000
Sector-132 Noida 4400
Sector-133 Noida 4350
Sector-134 Noida 4200
Sector-135 Noida 4400
Sector-137 Noida 4900
Sector-143 Noida 4350
Sector-143B Noida 4400
Sector-150 Noida 3350
Sector-151 Noida 3200
Sector-16 Noida 2900
Sector-168 Noida 5050
Sector-2 Noida 2950
Sector-21 Noida 7100
Sector-25 Noida 7550
Sector-28 Noida 8350
Sector-29 Noida 6850
Sector-30 Noida 7300
Sector-32 Noida 7450
Sector-34 Noida 7100
Sector-37 Noida 7550
Sector-44 Noida 12150
Sector-45 Noida 5950
Sector-46 Noida 5100
Sector-47 Noida 7200
Sector-49 Noida 4000
Sector-50 Noida 8000
Sector-51 Noida 7050
Sector-52 Noida 6800
Sector-53 Noida 5850
Sector-61 Noida 7150
Sector-62 Noida 6250
Sector-70 Noida 5300
Sector-71 Noida 6950
Sector-72 Noida 2950
Sector-73 Noida 3450
Sector-74 Noida 4000
Sector-75 Noida 4600
Sector-76 Noida 4900
Sector-77 Noida 5050
Sector-78 Noida 4700
Sector-79 Noida 4600
Sector-82 Noida 5250
Sector-86 Noida 2950
Sector-92 Noida 7850
Sector-93 A Noida 7400
Sector-93 B Noida 7200
Sector-93 Noida 7200
Sector-94 Noida 11500
Sector-96 Noida 8200
Sector-98 Noida 7500
Sector-99 Noida 5000
Kolkata Central Capital Values Rate/Sq ft (INR) (min / max)
Entally 5150
Sealdah 6850
Kolkata East Capital Values Rate/Sq ft (INR) (min / max)
City Centre 2 4150
E M Bypass 6550
Kestopur 3050
New Town 4050
Rajarhat 3150
Rajarhat DPS 4800
Rajarhat Unitech 4850
VIP Haldirams 5000
Kolkata North Capital Values Rate/Sq ft (INR) (min / max)
Airport 3000
Airport road 2600
B T Road 3600
Baguihati 3200
Bangur 4800
Bara Nagar 3200
Barasat 2500
Barrackpore 2550
Belgachia 3350
Belgharia 2900
Beliaghata 6150
birati 3000
Chinar Park 3450
Dum Dum 2750
Dum Dum Cantt. 2450
Dum Dum Metro 4700
Dum Dum Park 4000
Dunlop 3350
Durganagar 2400
Jessore Road 2900
kaikhali 2850
Kakurgachi 7200
Kankurgachi 7600
Keshtopur 3000
Khardah 2000
Lake Town 4750
Madhyamgram 2450
Nager Bazar 2700
Phoolbagan 6500
Salt Lake 4900
Shyamnagar 2400
Sinthee 3200
Sodepur 2850
Teghoria 3500
Ultadanga 6100
VIP Haldiram 3600
VIP Road 3700
Kolkata Others Capital Values Rate/Sq ft (INR) (min / max)
Durgapur 1700
Uttarpara 2600
Kolkata South Capital Values Rate/Sq ft (INR) (min / max)
Ajay Nagar 6650
Alipore 10600
Amtala 1300
B L Saha Road 6350
Bagha Jatin 3150
Ballygunge Circular Road 12050
Ballygunj 9000
Bansdroni 2900
Baripur 1800
Baruipur 2000
BataNagar 2750
Behala 3500
behala chowrasta 2850
Bhawanipore 9150
Boral 2250
Brahmapur 2600
Desopriya Park 10000
Dhakuria 4500
diamond harbour road 3100
E M Bypass 6550
E M Bypass Extension 3250
Ganguly Bagan 3700
Garfa 4000
Garia 2950
Garia Station 3450
Gariahat 10150
Golf Green 6000
Haridebpur 3300
Hazra 8000
Hiland Park 5300
Jadavpur 4650
Jodhpur Park 8000
Joka 2450
kalighat 7000
Kalikapur 3400
Kamalgachi 3650
Kamalgazi 3550
Kasba 4650
Kudgat 3850
Lake Gardens 5550
Madurdaha 4100
Mahamayatala 4000
Maheshtala 2300
Moore Avenue 4500
Mukundapur 3200
N S C Bose Road 3550
Naktala 3200
Narendrapur 3400
Nayabad 2950
Netaji Nagar 3500
New Alipore 5850
pailan 2600
Park Circus 6500
parnashree 4050
Patuli 3500
Picnic Garden 4200
Prince Anwar Shah Rd. 10950
Prince Anwar Shah Road Connector 4400
R B Connector 4400
Rajpur 2450
Ruby Hosp. Main Road 4750
Santoshpur 3500
Sonarpur 2600
Southern Avenue 9050
Tagore Park 4300
Thakurpukur 2500
Tollygunge 4200
Kolkata West Capital Values Rate/Sq ft (INR) (min / max)
Howrah 3050
Hyderabad Capital Values Rate/Sq ft (INR) (min / max)
A.S Rao Nagar 1950
Alkapur 2450
Ameerpet 3750
Appa Junction 3000
Attapur 2800
Attapur Ring Road 2900
Bachupally 1800
Bandlaguda 2600
Banjara hills 5550
Beeramguda 2000
Begumpet 3500
BHEL 2900
Boduppal 2550
Chandanagar 2900
Dilsukh Nagar 3000
ECIL 1800
ECIL Cross Road 2400
Gachibowli 3800
Hafeezpet 3400
Hi-Tech City 4000
Himayat Nagar 4150
Hyd-Central/Others 2650
JNTU 3000
Jubilee Hills 4150
Karmanghat 2900
Kokapet 3950
Kondapur 3100
Kothaguda 3400
KPHB 3350
kukatpally 3500
LB Nagar 2500
Madhapur 4250
Madinaguda 2850
Manikonda 2450
Mehdipatnam 2800
Miyapur 2800
Nagole 2500
Nallagandla 2900
Narsingi 2900
Nizampet 2000
Pocharam 1950
Pragati Nagar 2300
S.R. Nagar 4000
Sanath Nagar 4300
Shaikpet 2550
Somajiguda 5150
Srinagar Colony 5000
Tellapur 3000
Uppal Mandal 2500
Bangalore Central Capital Values Rate/Sq ft (INR) (min / max)
Benson Town 9000
Cox Town 6350
Cunningham Road 15650
Frazer Town 6400
Langford Road 7850
M.G Road 5950
Richmond Road 10650
Richmond Town 8750
Ulsoor 9950
Bangalore East Capital Values Rate/Sq ft (INR) (min / max)
AECS Layout 5200
B Narayanapura 3200
Babusapalaya 3200
Babusapalya 3400
Banaswadi 3900
Basava Nagar 3800
Brookefield 4550
B`lore East/Others 4950
Channasandra 2800
Cooke Town 6450
CV Raman Nagar 3700
Doddanakunte 4150
Domlur 6650
GM Palaya 3300
Gunjur 3700
HAL Layout 3600
Haralur Road 5450
HBR Layout 4150
Hoodi 2950
Horamavu 3650
Hoskote 2650
HRBR Layout 6000
Indira Nagar 8000
ITPL 3200
Kadugodi 3950
Kaggadasapura 3500
Kalyan nagar 3700
Kammanahalli 5700
Kasavanhalli 4350
Kasturi Nagar 3950
KR Puram 3200
Kunadanahalli 3950
LB Shastri Nagar 3350
Mahadevpura 3250
Maleshpalaya 3900
Marathahalli 3700
NRI Layout 3450
Old Airport Road 4100
Old Madras Road 4050
OMBR Layout 4700
Outer Ring Road East 5550
Pai Layout 3650
Panathur 3700
Rammurthy Nagar 3000
Sarjapur 3250
Sarjapur Road 4100
TC Palaya 3300
Varthur 3200
Varthur Road 4750
Vignan Nagar 3350
Whitefield 4000
Bangalore North Capital Values Rate/Sq ft (INR) (min / max)
Abbigere 3000
Amruthahalli 5150
BEL Road 5850
Bellari Road 4900
B`lore-North/Others 5150
Doddaballapur 3450
Hebbal 6000
Hegde Nagar 3550
Hennur Road 4450
Horamavu Agara 3300
Hormavu 3750
Jakkur 4250
Jalahalli 3600
Kodigehaali 3850
Malleshwaram 12100
Nagavara 4150
Nagawara Junction 3800
R.T. Nagar 4250
RMV 7200
RMV Extension 8750
RMV Extension Stage 2 6350
Sahakara Nagar 3300
Sanjay nagar 6650
Thanisandra 4200
Vidyaranyapura 3200
Yelahanka 3950
Yelahanka New Town 4100
Yeshwanthpur 5800
Bangalore South Capital Values Rate/Sq ft (INR) (min / max)
1st Block Koramangala 4900
1st Phase JP Nagar 4700
2nd Phase JP Nagar 6500
4th Block Jayanagar 8300
4th T block Jayanagar 7800
5th Phase JP Nagar 4750
6th Phase JP Nagar 4300
7th Phase JP Nagar 5100
8th Phase JP Nagar 3250
Akshaya Nagar 3500
Anekal 2500
Anjanapura 3950
Arekere 3900
Attibele 2300
Banashankari 5500
Banashankari Stage III 4700
Bannerghatta Road 4050
Basavangudi 10000
Begur Road 3000
Bellandur 4300
Bommanahalli 3000
Bommasandra 2950
BTM 2nd Stage 5300
BTM Layout 4850
B`lore-South/Others 3850
Chamrajpet 6400
Chandapura 2700
Chikkalasandra 3300
Electronic City 2800
Gottegere 3500
Hosa Road 4150
Hosur Road 3400
HSR Layout 4350
ISRO Layout 3650
Jayanagar 8550
JP Nagar 4400
Kanakapura 5100
Kanakpura Road 3500
Konanakunte 2800
Koramangala 6800
Kudlu Gate 3550
Kumaraswami Layout 2800
Outer Ring Road South 6000
Padmanabhanagar 6000
Rajapura 3650
RR Layout 2400
Silk Board 3300
Singasandra 4100
Subramanyapura 5300
Uttarahalli 3200
Vijaya Bank Layout 4200
Bangalore West Capital Values Rate/Sq ft (INR) (min / max)
Basaveshwara Nagar 5500
Bidadi 3500
Jalahalli West 3700
Kengeri 3450
Laggere Road 3400
Magadi Road 5400
Mysore Road 3900
Nagarbhavi 3900
Peenya 2600
Raja Rajeshwari Nagar 4100
Rajaji Nagar 7250
Rajarajeshwari Nagar 3600
Tumkur Road 4650
Chennai Central Capital Values Rate/Sq ft (INR) (min / max)
Arumbakkam 7750
Choolaimedu 6250
Egmore 15000
Kilpauk 11000
Nungambakkam 13350
Purasalwalkam 6500
Chennai North Capital Values Rate/Sq ft (INR) (min / max)
Ambattur 3900
Anna Nagar 8900
Anna Nagar West 6700
Avadi 3500
Ayanambakkam 4400
Aynavaram 6000
Kolathur 4500
Madhavaram 4000
Mogappair 5950
Mogappair West 6050
Nolambur 6200
Perambur 5500
Thirumullaivoyal 3300
Villivakkam 5300
Chennai South Capital Values Rate/Sq ft (INR) (min / max)
Adambakkam 5700
Adyar 9200
Alwarpet 12600
Anakaputhur 3450
Ashok Nagar 8950
Besant Nagar 11750
Camp Road 3900
Chengalpet 3850
Chitalapakkam 4700
Chromepet 4500
East Tambaram 3850
ECR 6600
Girugambakam 4050
GST Road 3000
Guduvancheri 3000
Guindy 6500
Jalladianpettai 4500
K.K. Nagar 5600
Karapakkam 4500
Kazipattur 3500
Keelkattalai 4500
Kelambakkam 3500
Kodambakkam 9500
Kolapakkam 4300
Kovilambakkam 4100
Kovur 3700
Kundrathur 3950
Madambakkam 3700
Madipakkam 4400
Mahindra City 3200
Manapakkam 5500
Mappedu Junction 3850
Maraimalai Nagar 3400
Medavakkam 3900
Mudichur 3300
Mylapore 10000
Nanganallur 6500
Nanmangalam 3700
Navalur 3800
OMR 3400
Oragadam 3100
Padappai 2900
Padur 3450
Pallavaram 4000
Pallikaranai 4150
Pammal 4050
Perumbakkam 4000
Perungalathur 3600
Perungudi 5150
Pozhichallur 3600
Puzhuthivakkam 4500
R. A Puram 16500
Rajakilpakkam 4100
Saidapet 7350
Saligramam 5850
Selaiyur 4200
Sembakkam 3500
Semmenchery 4300
Sholinganallur 4950
Singaperumal koil 3300
Siruseri 3450
Siruseri Sipcot IT-Park 3500
Sithalapakkam 3600
Sunguvachatram 2750
T.Nagar 9250
Tambaram 3750
Tambaram to Mudichur road 3450
Tambaram Velachery Road 4000
Thiruporur 2800
Thiruvanmiyur 9500
Thoraipakkam 5100
Urapakkam 3300
Vadapalani 7050
Valasaravakkam 5150
Vandalur 3150
Velachery 6000
Vengaivasal 3850
West Mambalam 7600
Chennai West Capital Values Rate/Sq ft (INR) (min / max)
Alwarthirunagar 6300
Chembarambakkam 3400
Iyyappanthangal 3700
Kattupakkam 4000
Korattur 6200
Koyambedu 6200
Kundrathur High Road 3550
Madanandapuram 4400
Maduravoyal 4400
Mangadu 3500
Mugalivakkam 4500
Poonamallee 3750
Porur 4800
Ramapuram 5600
Saligramam 7200
Sri Perumpudur 2950
Thiruverkadu 4000
Valsaravakkam 5600
Virugambakkam 6350
Coimbatore Capital Values Rate/Sq ft (INR) (min / max)
Avinashi Road 4200
Ganapathy 4200
Kovaipudur 3600
Perur 2850
Ramanathapuram 5000
Saravanampatti 3200
Telungupalayam 2850
Vadavalli 3600
Pune Capital Values Rate/Sq ft (INR) (min / max)
Airport Road 4600
Akurdi 5000
Alandi 2850
Alandi Road 3700
Ambe Gaon 4950
Ambegaon Budruk 4950
Aundh 7500
Aundh Annexe 6300
B.T Kawade Road 6000
Balewadi 6000
Baner 6650
Baner – Pashan Link Road 6600
Bavdhan 6300
Bharati Vidyapeeth 5100
Bhosari 4100
Bhosle Nagar 14000
Bibwewadi 7000
Boat Club Road 14700
Camp 8400
Chakan 2900
Chandan Nagar 5550
Chikhli 4000
Chinchwad 4700
Chinchwad Gaon 4700
Dange Chowk 5400
Dapodi 5300
Dehu Road 3000
Dhanakwadi 4400
Dhanori 4750
Dhayri 5000
Dighi 3500
Erandwane 11000
Fatima Nagar 4950
Fursungi Gaon 3450
Hadapsar 4750
Handewadi 4350
Hinjewadi 3800
Kalewadi 4700
Kalyani Nagar 7400
Kalyani Nagar Annexe 6700
Karve Nagar 8800
Karve Road 10250
Kaspate Vasti 5350
Katraj 4400
Katraj Kondhwa Road 5150
Keshav Nagar 4800
Kharadi 5350
Kirkatwadi 3500
Kiwale 4550
Kondhwa 4900
Kondhwa Budruk 4600
Koregaon Park 10250
Kothrud 7900
Law College Road 15000
Lohegaon 4000
Loni 3100
Lullanagar 7150
Magarpatta 6450
Manjri 4300
Market yard 7700
Model Colony 13550
Mohamadwadi 5100
Moshi 4000
Mukund Nagar 11200
Mundhawa 5150
Nagar Road 4900
Narhe 4100
New Sanghvi 5500
NIBM 4700
Nigdi 5200
Pashan 6350
Pashan-Sus Road 6250
Paud Road 6600
Phursungi 4350
Pimple Gurav 3450
Pimple Nilakh 6000
Pimple Saudagar 5800
Pimpri 4750
Pimpri Chinchwad 4850
Pirangut 3600
Pisoli 3900
Prabhat Road 13200
Pradhikaran 4600
Punawale 4600
Pune Mumbai Highway 5200
Pune-Satara Road 4300
Pune/Others 5400
Rahatani 5050
Ravet 4950
Sadashiv Peth 8850
Sahakar Nagar 10400
Salisbury Park 9400
Salunke Vihar 5400
Sanghvi 4150
Sasane Nagar 4700
Senapati Bapat Road 12750
Shastri Nagar 6300
Shirwal 2500
Shivaji Nagar 10700
Shivne 3800
Sinhgad Road 5550
Somatane 2950
Sopan Bagh 9600
Sopan Baug 7700
Tale Gaon 3400
Tathawade 5200
Thergaon 5550
Tingre Nagar 4850
Undri 4000
Vadgaon Sheri 4800
Viman Nagar 6700
Vishrantwadi 5300
Wadgaon Budruk 5700
Wadgaon Sheri 5850
Wagholi 4000
Wakad 5300
Wanowrie 5950
Warje 6300
Yerwada 6200
Ahmedabad City & East Capital Values Rate/Sq ft (INR) (min / max)
Maninagar 3100
Naroda 1750
Narol 1700
Nikol - Naroda Road 2000
Vatva 1900
Ahmedabad West Capital Values Rate/Sq ft (INR) (min / max)
100 ft. Road 4850
Ambawadi 4900
Bodakdev 5300
C.G. Road 5250
Drive in Road 4400
Ghatlodiya 3650
Gurukul 4150
Jodhpur 5150
Judges Bunglow 4650
Naranpura 4650
Navrangpura 5500
New Ranip 2550
Paldi 4950
Ramdev Nagar 4550
Satellite 4900
Shyamal Cross Road 4850
Vasna 3150
Vastrapur 4450
Vejalpur 3450
Gandhinagar & Sabarmati Capital Values Rate/Sq ft (INR) (min / max)
Chandkheda 2550
Gandhi Nagar 2150
Motera 3000
New CG Road 2700
Bhubaneshwar Capital Values Rate/Sq ft (INR) (min / max)
Patia 3000
Sunderpada 1780
Chandigarh Capital Values Rate/Sq ft (INR) (min / max)
Chandigarh 3150
Dera Bassi 2100
Kharar 2300
Manimajra 7600
Mohali 3200
Panchkula 4700
Zirakpur 3100
Jalandhar Capital Values Rate/Sq ft (INR) (min / max)
Amritsar By-Pass Road 2000
Jaipur Capital Values Rate/Sq ft (INR) (min / max)
Ajmer Road 2300
Bani Park 4000
Bapu Nagar 6850
C-Scheme 7450
Chitrakoot 3000
Durgapura 5000
Gopalpura Bypass 3600
J.L.N.Marg 7000
Jagatpura 2400
Jhotwara 3000
Kalwar Road 1600
Malviya Nagar 3650
Mansarovar 2750
Mansarovar Extension 3450
New Sanganer Road 3200
Nirman Nagar 3250
Niwaru Road 2200
Pratap Nagar 3250
Sanganer 2850
Shyam Nagar 4350
Sikar Road 2750
Sirsi Road 2350
Sodala 6000
Tonk Road 2000
Vaishali Nagar 3350
Nagpur Capital Values Rate/Sq ft (INR) (min / max)
Amarvati Road 3300
Bel Tarodi 2550
Besa 2600
Buti Bori 1650
Dharampeth 8300
Friends Colony 3300
Godhani Road 2500
Gorewada 3050
Hingna Road 2150
Hudakeshwar Road 2200
Kamptee Road 3750
Khamla 5000
Lakshmi Nagar 6700
Manewada 3050
Manish Nagar 3300
Mankapur 2950
Nandan Van 3250
Narendra Nagar 3700
Pratap Nagar 5000
Somalwada 3300
Swawlambi Nagar 4950
Trimurti Nagar 4200
Wardha Road 3150
Secunderabad Capital Values Rate/Sq ft (INR) (min / max)
Alwal 2350
Bowenpally 2600
Kompally 2150
Malkajgiri 2400
Marredpally 3600
Padma Rao nagar 3900
Sainikpuri 2350
Suchitra 2500
Uppal 2500
  • Excessive supply in a city or area means less demand

    Most cities have pockets with excessive supply, as well as pockets wherein supply is severely constrained. Despite concern about economic...

  • The metros are still the best places to invest in real estate

    Property prices in many of the metros have skyrocketed. Investors observe these trends, analyse the magnitude and scope of activity,...

  • Major Indian developers are abandoning the MIG sector and concentrating on high-end residential projects because it makes better business sense.

    Most big-banner developers still see sense in constructing mid-income housing projects, since they can construct more volumes. The demand in...

  • There is a 'bubble' in the Indian real estate market, and it will burst soon

    It is certainly true that many units in cities are not proving to be slow movers because of the current...

Tools

Aditya Verma

CEO & Business- Head , Makaan.com

(28 Oct- 14:00hrs)

Property Prices

What is the full form of EMI?

Equated Monthly Installment

End of monthly installment

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Electronic Monthly Installment

SUBMIT

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What are REITs?

According to Naushad Panjwani, senior ED, Knight Frank India, real-estate investment trust along with real-estate mutual funds are a very popular form of investments abroad.

Feb 04 2014,17:57

FAQs

Q.
Does it make sense to buy a home now?

That depends on one's actual objectives and level of need. If one is a first-time home buyer, attempting to time the market makes little sense. Any correction will be a brief phenomenon, and prices inevitably rise again. This is a risky game that only investors should play.

Q.
Does availing of a teaser loan make sense?

Availing of a temporarily discounted home loan without taking a protracted view of one's financial position is not advisable. One should be aware of the manner in which one's finances will be affected after the teaser period is over and real-time lending rates kick in.

Q.
What is the difference between built up area, super built up area, and carpet area?

Carpet Area: Carpet Area of a property is defined as the net usable area from the inner sides of one wall to another. Carpet Area comprises of the carpet area of the demised premise, toilet areas within the demised premises, AHU room/s within the demised premises and dedicated service areas for the demised premises. Built-up Area (BUA): BUA consists of carpet area, area covered by inner and outer walls and additional areas mandated by the authority such as flower beds, dry balcony etc. Super Built-up Area (SBUA): SBUA consists of BUA and the proportionate area under the common spaces of a building like lobby, staircases and elevators.

Q.
What is meant by the market value of the property and is Stamp Duty payable on the market value of the property or on consideration as stated in the agreement?

Market value of property is the price at which there is a willing buyer and a seller agreeing to the transfer the property at an arm's length transaction. Stamp duty is levied on the ready reckoner rate or the agreement price, whichever is higher.

Q.
Which are the instruments that attract the payment of Stamp Duty?

The instruments like Agreement to Sell, Conveyance Deed, Exchange of property, Gift Deed, Partition Deed, Power of Attorney, settlement and Deed and Transfer of lease attract Stamp Duty on market value of the property.

Q.
In whose name are the stamps required to be purchased?

The stamps are required to be purchased in the name of any one of the executors to the Instrument.

Q.
Is there any way by which I can claim exemption from tax on capital gain?

Several options are available for saving capital gains. For example, in the first place invest in a residential house property or a flat to make investment so as to see that capital gains are exempted. Likewise, if a person were to make the investment in REC or NHAI bonds then also he enjoys complete exemption from the long-term capital gain payable by him in respect of capital gains due.

Q.
What are the factors to keep in mind while investing in residential property for capital appreciation?

The fundamental aims of any residential property investment should be to maximise yield as well as capital gains and to reduce the risk as far as possible. To illustrate, renovating and embellishing a property makes it eligible for a higher rent, which means maximised yield. Property investment aimed at capital gains involves buying real estate cheap and selling it at a higher rate, thereby maximising one's ROI. An astute investor will also buy a well-located property at a high price if the rental market is booming, since this makes it possible to rent it out for as long as it takes price to rise again.

Q.
What are the risks involved in residential property investment?

The risk factor in real estate investment lies in the possibility of buying at a higher price and having to sell at a lower one in a depressed market. It is also risky to try time the market to discern the 'best' time to invest. Much like in the stock market, it is impossible to predict the point of lowest ebb in the real estate market. The danger in delaying investment too long is two-fold - firstly, one may lose out on the best properties, and secondly, the market may pick up ahead of one's predictions, meaning that the lower rates may no longer be available.

Q.
What are the risks associated in buying a flat on Power Of Attorney (POA) basis?

Purchasing a flat on a POA basis is not permitted.

Q.
What exactly do we mean by a Free Hold flat? What are the advantages and disadvantages, if any?

A freehold property flat is one where there is a whole and sole owner/s, ownership is full and unconditional and there is no lessor / lessee involved.

Q.
What are all the important documents one should check before buying any property?

While purchasing a property, you have to look at the approved layout plan, approved building plan, ownership documents, carryout title search, etc.

Q.
Who is liable to pay Stamp Duty-the buyer or the seller?

The buyer is liable to pay the stamp duty.

Q.
What are the possible returns of investing in commercial versus residential property on rent?

The rental yield for commercial property is usually 9-12%. In contrast, the yield for residential property is much lower at 3-4%.

Q.
What are the tax implications of sale of any house property, commercial or residential?

For the purpose of Real Estate the Long-term Capital gain would be only if you hold the property for more than three years, then it is subjected to tax @20%. In case you sell the property in less than three years time then it would become short-term Capital Gain and the same is required to be taxed at the prevailing tax schedule of the rate applicable to the assessee depending on his other incomes.

Q.
What are the different ways of investing in commercial property?

There are three ways to invest in commercial real estate - directly buy office space from a developer, buy shares of a commercial developer from the stock market, or invest in a real estate fund focused on commercial real estate. As the quantum of investment is usually huge, the prospective buyer needs to take more informed decisions.

Q.
Is a POA revocable?

Yes, a POA can be either revocable or irrevocable, depending on what sort of a POA one has made.

Glossary

Abatement notice

A notice served on the owner(s) or occupier(s) of a property from which a private nuisance arises, warning them of the intention to enter on the land in order to abate the nuisance.

Absolute title

The right of ownership of a mortgage deed, which gives the right, in certain specified circumstances, to demand repayment in full, of the outstanding debt than the due date. Or a clause in a deed or contract, which provides for the early termination of an exciting interest in land, in certain specified circumstances, thereby advancing the future interest.

Agreement for lease/sale

A contract to enter into a lease (or sale), which in order to be enforceable either must be evidenced in writing and signed by the person against whom action is taken for the breach of the alleged contract and there must be a sufficient act of part performance.

Alternative user value

The value of land and buildings which reflects a prospective use which is different from that of the current use.

Anchor tenant

One or more department or variety chainstores, or supermarkets, introduced into a shopping centre in key positions to attract the shopping public into the centre for the purpose of encouraging other retailers to lease shops en route. The larger the developments the more anchors required.

Asset valuation

In the property market this expression is applied to the valuation of land and buildings or plant and machinery. The term is often used to describe an expert opinion of the worth of a property which may be incorporated into company accounts, where the ownership of the asset is not necessarily to be transferred but the valuation is required for the company takeovers, share flotation or mortgages.

Assignment

The transfer of a property interest, especially a lease, from one party to another.

Atrium

An entrance hall of a building, often rising through a number of storeys and containing lifts, reception areas and plants. Originally the hall or chief apartment of a Roman house.

Heavyweights

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  • Excessive supply in a city or area means less demand

    Most cities have pockets with excessive supply, as well as pockets wherein supply is severely constrained. Despite concern about economic growth and high inflation, areas with excessive supply will continue to see demand, and therefore price appreciation. As long as an area is seeing infrastructure development, it remains a safe investment bet.

  • The metros are still the best places to invest in real estate

    Property prices in many of the metros have skyrocketed. Investors observe these trends, analyse the magnitude and scope of activity, and identify one or the other new town as the next coming thing. A fundamental real estate investment mantra is that emerging localities are preferable to established and often saturated ones. Established areas eventually reach a peak in terms of appreciation potential, after which the growth rate either slows down or stagnates. Moreover, there is little scope for new market drivers such as malls to find a place in saturated localities – meanwhile, prices remain high. This is not the best of scenarios from an investment point of view, since optimal investment requires low entry levels and appreciable growth within a realistic timeframe. Therefore, as one or the other destination reaches its peak potential on all these counts, new ones come into the limelight.

  • Major Indian developers are abandoning the MIG sector and concentrating on high-end residential projects because it makes better business sense.

    Most big-banner developers still see sense in constructing mid-income housing projects, since they can construct more volumes. The demand in terms of units is phenomenal and developers getting into this segment can build for years to come. They have the assurance of sure-shot absorption, as well. Most major Indian developers are ‘not’ shifting from affordable to high-end housing -- only branching out. While they get into middle-segment housing, they continue to build high-end projects.

  • There is a 'bubble' in the Indian real estate market, and it will burst soon

    It is certainly true that many units in cities are not proving to be slow movers because of the current price points, and developers do need to re-calibrate their bottomlines while still remaining viable as businesses. Since the only way to catalyse healthier sales at this point is offering buyers tangible financial relief, a reduction in rates will work best. In fact, new projects are already being launched at lower rates and good deals are available at the negotiation table for serious buyers. In other words, we are not looking at a bubble that is likely to burst, but at a gradual and perceptible relaxation on hard pricing norms.