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Investing in Property

Questions Answered (23)

with a budget of 45lacs - where to buy in navi mumbai to get good appre.

Aditya Verma

CEO & Business- Head
Makaan.com

You can look at any of these locations - Panvel, Taloja and Ulwe.

I want to invest in good location in Mohali with good returns in long term. Can you please suggest the properties?

Aditya Verma

CEO & Business- Head
Makaan.com

Sorry as a company policy, we don’t comment on any builder/developer.

Which is a better investment in Mumbai projects - 2 BHK in Vasant Oasis Phase 3 borosil plot, andheri marol or mayfair hill crest POwai Extn Vikhroli

Aditya Verma

CEO & Business- Head
Makaan.com

Sorry as a company policy, we don’t comment on any builder/developer. However, for investment purpose, Powai is good and gave appreciation of around 30-38%

Dear Sir, Please suggest some decent projects build by Reputed builder with excellent plan/construction quality in Pune. I am currently working in Hinjewadi. Carpet area around 1500-1800 sq ft. would be an ideal match. My budget lies between 50-70 L. Interested in Big Society, Villas or Row houses with good amenities and security. Under construction/ about to start project will also suffice my requirement

Aditya Verma

CEO & Business- Head
Makaan.com

Sorry as a company policy, we don’t comment on any builder/developer. You can look at Hinjewadi, the price appreciated by 18% last year according to our “Top 50 investment report”

looking to start a business in Nagpur city for which i need min 500sqrft shop/showroom space please suggest the area where to purchase or take on lease

Aditya Verma

CEO & Business- Head
Makaan.com

No Comments

Dear Sir, i am planning to buy one flat (2bhk)at IYYAPANTHANAGAL , PORUR, CHENNAI, for invesment pourpose. project name: colour country. Builders name : colorhomes developers. need your advice for the same.

Aditya Verma

CEO & Business- Head
Makaan.com

Sorry as a company policy, we don’t comment on any builder/developer. However, Porur is a good area to invest.

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

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Property rates in India

Rates powered by:

Note
Mumbai Capital Values Rate/Sq ft (INR) (min / max)
Andheri East 7950 - 29946
Andheri Kurla Road 12700 - 26040
Andheri West 10512 - 35157
Bandra West 20279 - 64320
Bhayandar East 4100 - 17400
Bhayandar West 2850 - 15680
Borivali East 8750 - 21150
Borivali West 9149 - 23372
Chandivali 13450 - 21550
Chembur 8043 - 29200
Chunabhatti 11217 - 21005
Dadar East 16163 - 46165
Dadar West 17383 - 44400
Dahisar East 7523 - 13150
Dahisar West 8850 - 17432
Goregaon East 8500 - 26400
Goregaon West 8350 - 26300
Govandi 9708 - 23700
Jogeshwari East 11386 - 24550
Jogeshwari West 11200 - 20832
Juhu 14456 - 53150
Kalina 15696 - 26350
Kandivali East 8050 - 21500
Kandivali West 6300 - 23000
Khar West 20000 - 60000
Mahalakshmi 24750 - 53700
Mahim 17300 - 40048
Malad East 9300 - 21350
Malad West 9253 - 22700
Marol 12400 - 20000
Matunga East 16099 - 48100
Matunga West 16850 - 46784
Mira Bhayandar 4002 - 11889
Mira Road 4610 - 10584
Panvel 2402 - 8850
Parel 13557 - 42700
Prabhadevi 21300 - 56800
Sakinaka 11900 - 18740
Santacruz East 12450 - 28550
Santacruz West 20341 - 56922
Sewri 17833 - 46157
Sion 8275 - 37241
Tardeo 24730 - 75974
Vasai 3250 - 6925
Versova 13022 - 38450
Vile Parle East 17800 - 37900
Vile Parle West 23245 - 51312
Virar 2850 - 5619
Wadala 16000 - 28550
Worli 18500 - 60300
New Delhi Capital Values Rate/Sq ft (INR) (min / max)
Aashirwaad Chowk 6400 - 9700
Abul Fazal Enclave Part 1 2567 - 6550
Alaknanda 8881 - 17850
Anand Lok 20800 - 59250
Anand Vihar 6650 - 16636
Arjun Nagar 5096 - 13300
Burari 2500 - 6164
Chhattarpur 2145 - 6650
Chittaranjan Park 9304 - 23400
Defence Colony 18861 - 45000
Devli 2500 - 4750
Dilshad Colony 2550 - 9761
Dilshad Garden 5383 - 13900
Dwarka Mor 2900 - 6007
Dwarka Sector 1 4346 - 12200
Dwarka Sector 10 6200 - 11300
Dwarka Sector 11 6350 - 11250
Dwarka Sector 12 5819 - 11000
Dwarka Sector 13 6013 - 9256
Dwarka Sector 14 2582 - 12447
Dwarka Sector 17 5396 - 9050
Dwarka Sector 18 6100 - 10800
Dwarka Sector 18A 6866 - 10650
Dwarka Sector 18B 5700 - 10200
Dwarka Sector 19 5460 - 9667
Dwarka Sector 2 6072 - 11200
Dwarka Sector 21 4248 - 6805
Dwarka Sector 22 6300 - 10800
Dwarka Sector 23 3657 - 10104
Dwarka Sector 3 6196 - 11350
Dwarka Sector 4 5900 - 11000
Dwarka Sector 5 5900 - 10337
Dwarka Sector 6 6250 - 10800
Dwarka Sector 7 5500 - 10258
Dwarka Sector 8 4807 - 9470
Dwarka Sector 9 6000 - 10800
Gagan Vihar 6784 - 15050
Ganesh Nagar 2180 - 3929
Geetanjali Enclave 11202 - 29514
Ghitorni 2750 - 4475
Govindpuri Main 2569 - 6000
Greater Kailash 1 10981 - 27850
Greater Kailash 2 11665 - 30400
Greater Kailash 3 16507 - 28750
Greater Kailash Enclave 1 12500 - 28278
Greater Kailash Enclave 2 14400 - 28874
Green Park 12210 - 30700
Green Park Extension 15919 - 32800
Gulmohar Park 17422 - 45300
Hari Nagar 4501 - 11100
Hauz Khas 13582 - 32950
Hemkunt Colony 11822 - 38987
Indraprastha Extension 7350 - 15300
Janakpuri 6533 - 16250
Jangpura 10554 - 35600
Jangpura Extension 11822 - 29300
Jasola 2969 - 15030
Jor Bagh 33848 - 100000
Kailash Colony 8500 - 29550
Kailash Hills 10253 - 23105
Kalkaji 9606 - 20700
Kalkaji Extention 8000 - 16650
Karol Bagh 10668 - 17694
Khanpur 2838 - 5550
Khirki Extension 3300 - 7671
Kiran Garden 3700 - 5661
Kirti Nagar 8924 - 16000
Krishna Nagar 4776 - 13900
Lajpat Nagar 1 9650 - 16100
Lajpat Nagar 2 7140 - 19536
Lajpat Nagar 3 14083 - 29600
Laxmi Nagar 2000 - 5790
Lok Nayak Puram 3100 - 6822
Maharani Bagh 10667 - 48692
Mahavir Enclave 3444 - 6837
Mahavir Enclave Part 1 3604 - 6350
Malviya Nagar 4600 - 17000
Mayur Vihar 1 4293 - 19500
Mayur Vihar 2 6004 - 15850
Mayur Vihar 3 5350 - 11600
Mehrauli 2394 - 6350
Model Town 7908 - 15400
Mohan Garden 2586 - 6013
Moti Nagar 8698 - 13800
Narela 2237 - 6650
Navjivan Vihar 14806 - 28650
Neb Sarai 2850 - 5600
Neeti Bagh 15196 - 40700
Nehru Enclave 8850 - 22200
New Ashok Nagar 3200 - 5835
New Moti Nagar 10700 - 12148
New Rajendra Nagar 14960 - 30204
Nizamuddin East 28669 - 48100
Om Vihar 2523 - 5850
Palam Colony 3393 - 6450
Pamposh Enclave 16316 - 39050
Panchsheel Enclave 14378 - 32650
Panchsheel Park 12438 - 45000
Pandav Nagar 2150 - 6922
Param Puri 3404 - 5450
Paschim Vihar 7430 - 15451
Patel Nagar East 8799 - 22200
Patel Nagar West 6355 - 12631
Patparganj 7700 - 14000
Pitampura 6475 - 17550
Prahlad Vihar 4550 - 7000
Prashant Vihar 9050 - 14525
Preet Vihar 7900 - 16650
Punjabi Bagh West 9510 - 19400
Raja Puri 2900 - 4550
Rajouri Garden 5906 - 15031
Ram Dutt Enclave 4904 - 6145
Ramesh Nagar 6627 - 12150
Rani Bagh 2256 - 6883
Rohini Sector 11 7153 - 14982
Rohini Sector 13 7900 - 18650
Rohini Sector 14 9652 - 23100
Rohini Sector 15 6174 - 13550
Rohini Sector 16 4381 - 11650
Rohini Sector 18 7400 - 12750
Rohini Sector 23 5051 - 8550
Rohini Sector 24 4500 - 9750
Rohini Sector 25 4574 - 7500
Rohini Sector 28 3500 - 8584
Rohini Sector 7 5250 - 13538
Rohini Sector 8 7250 - 12964
Rohini Sector 9 8800 - 19292
Safdarjung Development Area 13850 - 44400
Safdarjung Enclave 11557 - 31264
Sainik Nagar 3800 - 5650
Saket 10108 - 25200
Sarita Vihar 7350 - 13150
Sarvapriya Vihar 14568 - 34100
Sarvodaya Enclave 15213 - 30750
Shahdara 2643 - 8746
Shakarpur 3588 - 8050
Shalimar Bagh 6650 - 14403
Shanti Niketan 19128 - 59328
Sheikh Sarai Phase 1 12850 - 16650
Shivalik 11775 - 21608
Sidhartha Extention 9100 - 15900
South Extension 1 5902 - 22500
South Extension 2 10841 - 30750
Subhash Nagar 4250 - 10000
Sukhdev Vihar 10956 - 26550
Tilak Nagar 3538 - 10018
Uday Park 15484 - 29550
Uttam Nagar 2350 - 5600
Uttari Pitampura 7800 - 12798
Vasant Kunj Sector A 10100 - 17750
Vasant Kunj Sector B 10600 - 21250
Vasant Kunj Sector C 9250 - 24150
Vasant Kunj Sector D 8950 - 15800
Vasant Vihar 18288 - 53650
Vasundhara Enclave 6300 - 12600
Vikaspuri 6000 - 12750
Vivek Vihar 6191 - 17493
Vivek Vihar Phase 1 9102 - 15700
West End 26105 - 72758
Kolkata Capital Values Rate/Sq ft (INR) (min / max)
Action Area 1 2700 - 6832
Action Area 2 2850 - 6400
Action Area 2E 2812 - 5700
Action Area 3 2000 - 6650
Agarpara 2000 - 2754
Airport Area 2200 - 4000
Ajoy Nagar 2000 - 10150
Alipore 3350 - 24200
Anandapuri 2200 - 3500
Andul 2150 - 2650
Andul Road 2150 - 3600
APC Road 4892 - 8550
Ariadaha 2100 - 3765
Avenue S 3500 - 6000
Bablatala 2102 - 4150
Babu Bagan 5199 - 6871
Baghajatin 2050 - 5250
Baguiati 2000 - 4250
Baidyabati 2400 - 2650
Baishnabghata 2850 - 5463
Baishnabghata Patuli Township 2814 - 5950
Bakul Bagan 5932 - 13000
Bally 2600 - 3300
Ballygunge 2777 - 19817
Ballygunge Circular Road 7648 - 19000
Ballygunge Park 10984 - 17500
Ballygunge Phari 6300 - 14150
Ballygunge Place 6077 - 13150
Bangur 3491 - 5608
Bangur Avenue 2900 - 6450
Bansdroni 2042 - 5000
Bara Bazar 4746 - 6850
Baranagar 2500 - 4050
Barasat 2000 - 3400
Barasat-Barrackpore Road 2050 - 3700
Barrackpore 2059 - 4400
Baruipur 2000 - 2500
Bata Nagar 2841 - 4000
Behala 2150 - 5300
Behala Chowrasta 2350 - 4850
Beleghata 3550 - 8500
Belgachia 3000 - 6173
Belgharia Expressway 2724 - 4260
Belghoria 2050 - 4350
Beliaghata 4348 - 8100
Bhawanipur 5200 - 12050
Bijoygarh 2360 - 4528
Biman Nagar 2550 - 4313
Birati 2300 - 3600
Biren Roy Road 3200 - 4750
BL Saha Road 3154 - 8014
Bondel Road 4550 - 10570
Bonhooghly 2050 - 4850
Boral 2300 - 3550
Bosepukur 2700 - 6750
Brahmapur 2226 - 3700
BT Road 3000 - 4850
Camac St-Park Street area 9750 - 17089
Chak Garia 3850 - 7540
Chetla 4200 - 6865
Chinar Park 2072 - 5650
CIT Road 5700 - 8628
Dakshin Jagatdal 2500 - 3400
Dakshineswar 2219 - 4550
Dankuni 2500 - 3400
Dash Drone 2650 - 4000
Daspara 2764 - 3750
Dhakuria 2500 - 7580
Dhakuria South East 3300 - 5850
Diamond Harbour Road 2160 - 5617
Diamond Park 2371 - 4600
Dover Lane 5912 - 14188
Dum Dum 2000 - 5400
Dumdum Park 3050 - 4740
Dunlop 3269 - 4250
Durga Nagar 2150 - 2750
Durgapur Bridge 3750 - 7326
EM Bypass 2362 - 11550
Entally 5100 - 8750
Fartabad 3050 - 4700
Ganguli Bagan 2250 - 5000
Garfa 3200 - 5820
Garia 2000 - 5550
Gariahat 4500 - 13850
Ghosh Para 2348 - 4000
Golf Club Road 5550 - 8250
Golpark 2700 - 10000
Haltu 2600 - 5850
Haridevpur 2259 - 4500
Harinavi 2200 - 2900
Harish Mukherjee Road 6450 - 10000
Hati Bagan 6156 - 6850
Hazra 5550 - 13177
HB Town 2000 - 3534
Hiland Park 3359 - 7757
Hindustan Park 8000 - 13900
Hooghly-Chinsurah 2000 - 4650
Howrah 2000 - 5900
Iron Side Road 9050 - 14178
Jadavpur 2196 - 7750
Jessore Road 2200 - 7150
Jheel Road 4100 - 5369
Jodhpur Park 4278 - 10950
Joka 2000 - 4400
Kabardanga 2448 - 4200
Kaikhali 2426 - 5000
Kalighat 4510 - 10550
Kalikapur 3050 - 5900
Kalyani 2000 - 3131
Kamalgachhi More 2300 - 4900
Kamalgazi 2200 - 5250
Kankurgachi 3000 - 12550
Kasba 2850 - 6900
Kasba East 2698 - 8054
Kayastopara 3600 - 5150
Keshtopur 2200 - 4150
Khardah 2000 - 2797
Khardaha 2150 - 3200
Konnagar 2000 - 3200
Krishnapur 2400 - 3800
Kudghat 2100 - 5050
Kumarpara 2550 - 2750
Lake Gardens 3608 - 7750
Lake Market 4800 - 13135
Lake Town 2500 - 7450
Lansdown Road 6965 - 14000
Liluah 2680 - 3690
Madhyamgram 2000 - 3414
Madurdaha 3350 - 5000
Mahamayatala 2546 - 5050
Maheshtala 2004 - 4376
Mandeville Gardens 5760 - 12769
Maniktala-Yogi Para 3600 - 7700
Manohar Pukur Road 5819 - 10500
Minto Park 9900 - 16650
Moor Avenue 3278 - 7400
Mourigram 2100 - 2385
Mudiali 2700 - 12550
Mukundapur 2474 - 4260
Nager Bazar 2100 - 5127
Naktala 2450 - 6200
Nandi Bagan 3300 - 4850
Narayanpur 2332 - 3900
Narendrapur 2150 - 5450
Nayabad 2500 - 3950
Netaji Nagar 2000 - 6637
New Alipore 3470 - 10872
New Ballygunge 3811 - 5801
New Barrakpur 2150 - 2943
New Garia 2000 - 7750
New Town 3050 - 6700
P Majumder Road 3500 - 5137
Paddapukur 7200 - 17000
Paik Para 4210 - 6653
Paikpara 4550 - 6250
Pailan 2350 - 2650
Palm Avenue 7440 - 12050
Panchasayar 3200 - 5350
Panditiya Road 6892 - 14350
Park Circus 4000 - 10729
Park Street 5000 - 20000
Parnasree 3000 - 5000
Parnasree Pally 3191 - 4518
Paschim Putiary 2400 - 3757
Patuli 2727 - 6700
Phoolbagan 4000 - 8500
Picnic Garden 2450 - 6150
Picnic Garden Road 3270 - 6050
Prantik Palli 3400 - 7500
Prince Anwar Shah Road 2650 - 16650
Prince Anwar Shah Road Connector 3091 - 6050
Purba Barisha 2300 - 5050
Purbachal 3044 - 5807
Purbalok 3400 - 5300
Rabindra Pally 2150 - 4000
Rabindra Sarovar 5400 - 8000
Raghunathpur 3094 - 4302
Raipur 2300 - 4612
Raja Basanta Roy Road 5600 - 12850
Raja Rammohan Roy Road 2524 - 5050
Rajarhat 2000 - 5650
Rajarhat Chowmatha 2000 - 3900
Rajarhat Gopalpur 2150 - 4400
Rajarhat Main Road 2450 - 5450
Rajarhat Newtown 2336 - 7500
Rajdanga Gardens 4000 - 7050
Rajpur 2150 - 3150
Rajpur Market 2200 - 2900
Rajpur Sonarpur 2100 - 3650
Ramchandrapur 2700 - 5750
Ramgarh 2000 - 5350
Ramlal Baza 3500 - 4500
Rash Behari Avenue Connector 3656 - 7600
Rath Tala 2950 - 6550
Regent Estate 2510 - 6682
Rishra 2200 - 2754
Ruby General Hospital 3593 - 8397
Sahapur 3600 - 7775
Sakher Bazar 2259 - 4418
Salt Lake City 3085 - 8138
Samarpally 2860 - 3800
Santoshpur 2750 - 5700
Santragachi 3450 - 3500
Sarat Bose Road 8500 - 12550
Sarsuna 2120 - 5250
Satgachi 3161 - 4361
Science City 4484 - 13220
Sealdah 6000 - 8000
Selimpur 4000 - 6140
Serampore 2150 - 2600
Shalimar 2790 - 4550
Shibpur 2952 - 6811
Shreebhumi 3850 - 5788
Shyam Bazar 4100 - 7300
Shyamnagar 2100 - 7150
Silpara 2110 - 3600
Sinthi 2650 - 4600
SIP Deshapriya Park 8797 - 11500
SK Deb Road 2803 - 7350
Sodepur 2000 - 5000
Sonarpur 2000 - 3948
South Dum Dum 2650 - 4500
South End Park 7850 - 13200
Southern Avenue 7050 - 14250
Survey Park 3800 - 6210
Tagore Park 3800 - 5250
Tangra 3404 - 7472
Teghoria 3000 - 4450
Thakur Pukur 2250 - 4701
Tollygunge 2100 - 10001
Topsia 3401 - 9907
Ultadanga 3637 - 10450
Uttarpara 2000 - 3900
VIP Road 2269 - 9600
Hyderabad Capital Values Rate/Sq ft (INR) (min / max)
Alkapur Township 2350 - 2750
Alwal 2500 - 4133
Ameerpet 2277 - 5000
Appa Junction 2178 - 4526
Attapur 2847 - 3800
Bachupally 2000 - 3750
Banjara Hills 2947 - 11400
Begumpet 2567 - 6664
Bowenpally 2049 - 3447
Chanda Nagar 2522 - 4005
CMC Enclave 3436 - 5100
Dilsukh Nagar 2500 - 4100
Dr AS Rao Nagar 2000 - 2800
East Marredpally 3068 - 6232
Financial District 3143 - 5150
Gachibowli 2228 - 6350
Gajularamaram 2050 - 2700
Gopanapalli 2874 - 4452
Habsiguda 2217 - 5150
Hafeezpet 2750 - 4650
Himayath Nagar 2860 - 7094
Hitec City 3500 - 6478
Hyder Nagar 2400 - 4176
Jeedimetla 2110 - 2754
Jubilee Hills 3041 - 8946
Kavuri Hills 3234 - 7238
Kompally 2000 - 6284
Kondapur 2310 - 6000
Kothapet 2000 - 4472
Kukatpally 2100 - 5150
LB Nagar 2250 - 3644
Madhapur 3300 - 6900
Madinaguda 2350 - 4200
Malkajgiri 2000 - 3750
Mallapur 2500 - 3499
Manikonda 2050 - 4887
Masab Tank 2866 - 4050
Mehdipatnam 2650 - 4250
Miyapur 2200 - 4043
MLA Colony 7300 - 7700
Moosapet 2050 - 4211
Moti Nagar 3078 - 4726
Nagole 2281 - 3850
Nallagandla 2650 - 4800
Narsingi 2400 - 4400
Nizampet 2000 - 3625
Padmarao Nagar 2550 - 5590
Pragathi Nagar 2000 - 3000
Puppalaguda 2250 - 3300
Rajendra Nagar 2580 - 4140
Sainikpuri 2000 - 3500
Sanath Nagar 3507 - 5400
Sanjeeva Reddy Nagar 2700 - 5549
Shaikpet 2588 - 6050
Somajiguda 2436 - 7873
Sri Nagar Colony 2864 - 6400
Tarnaka 2100 - 4232
Tellapur 2419 - 5669
Toli Chowki 2625 - 3730
Trimulgherry 2100 - 3600
Uppal 2000 - 4200
Upparpally 2522 - 4050
West Marredpally 2936 - 5468
Bengaluru Capital Values Rate/Sq ft (INR) (min / max)
Arakere 2400 - 6700
Ashirvad Colony 3331 - 4678
Balaji Layout -Horamavu Agara 2885 - 5854
Banashankari 3045 - 10950
Banaswadi 2402 - 7250
Bannerghatta Main Road 2080 - 8654
Begur Road 2450 - 6178
Bellandur 3263 - 7800
Bommasandra 2500 - 3350
Brookefield 2394 - 6922
BTM Layout 3450 - 8162
Chandapura 2211 - 4500
CV Raman Nagar 2195 - 8650
Devanahalli 3246 - 6050
Devarachikannahalli 2500 - 5400
Doddaballapur Road 3150 - 5344
Doddakannelli 3870 - 6700
Domlur 4700 - 10550
ECC Road 3200 - 7050
Electronic City Phase 1 2178 - 6700
Electronic City Phase 2 2061 - 4561
Frazer Town 4547 - 13555
Haralur Road 2500 - 7800
Harlur 2972 - 8100
HBR Layout 2184 - 7500
Hebbal 3153 - 9500
Hennur 2632 - 6650
Hennur Main Road 2950 - 6950
Hoodi Circle 2119 - 5250
Horamavu 2750 - 5000
Horamavu Agara 2426 - 5800
Hosa Road 2548 - 6200
Hosur Road 2186 - 7150
Hoysalanagar 3585 - 5902
HSR Layout 2795 - 7785
HSR Layout Sector 2 3141 - 6215
Indira Nagar 3876 - 17900
ITPL 2251 - 7900
Jakkur 3220 - 6500
Jalahalli 3161 - 7500
JP Nagar Phase 7 3364 - 7990
JP Nagar Phase 8 3266 - 5323
Kadugodi 2858 - 5150
Kaggadasapura 2613 - 5761
Kalyan Nagar 2608 - 7067
Kanakapura Road 2144 - 7989
Kasavanahalli 3000 - 6050
Kengeri 2356 - 5632
Koramangala 3650 - 14445
KR Puram 2300 - 4550
Kudlu 3185 - 4618
Kudlu Gate 2489 - 6770
Kundalahalli 2260 - 6586
Lavelle Road 7050 - 21650
Marathahalli 2265 - 8800
Mysore Road 2850 - 6450
Nagarbhavi 2796 - 6616
Old Airport Road 2472 - 9993
Old Madras Road 3082 - 7250
Panathur 2900 - 5700
Rajaji Nagar 6903 - 16300
Rajarajeshwari Nagar 2500 - 5850
Rajarajeshwari Nagar Stage 4 3100 - 3700
Ramamurthy Nagar 2750 - 5350
RBI Layout 3348 - 8596
Richmond Town 4453 - 14428
RT Nagar 3256 - 8300
Sahakara Nagar 3862 - 8100
Sarjapur 2400 - 5700
Sarjapur Road 2013 - 8350
Silk Board 2905 - 5051
Singasandra 2950 - 4850
Thanisandra 3100 - 7200
Thanisandra Main Road 3350 - 7050
Uttarahalli 2504 - 5250
Varthur 2840 - 4700
Vidyaranyapura 2576 - 5350
Whitefield 2089 - 7950
Yelahanka 2587 - 6900
Yemalur 5650 - 6700
Yeshwantpur 4311 - 9700
Chennai Capital Values Rate/Sq ft (INR) (min / max)
Adambakkam 4452 - 8000
Adyar 5142 - 18289
AGS Colony-Velachery 2800 - 10572
Akkarai 5425 - 10700
Alandur 4413 - 7900
Alwarpet 6650 - 27050
AlwarthiruNagar 4700 - 9900
Ambattur 3209 - 5450
Anakaputhur 3050 - 4000
Anna Nagar 5900 - 14273
Anna Nagar West 4876 - 14000
Arumbakkam 5363 - 12824
Ashok Nagar 6286 - 14000
Avadi 2562 - 4100
Ayanambakkam 3386 - 5750
Besant Nagar 8356 - 16900
Camp Road 3350 - 5250
Chengalpet 3191 - 4500
Chitlapakkam 3200 - 6131
Choolaimedu 3898 - 10541
Chromepet 2860 - 7359
East Coast Road 3061 - 9140
Egattur 4650 - 8850
Egmore 7433 - 18500
Gerugambakkam 3150 - 5100
GST Road 3022 - 5700
Guduvancheri 2400 - 4150
Guindy 4872 - 13059
Iyyappanthangal 3500 - 5418
Karapakkam 4885 - 6650
Kattupakkam 3477 - 5357
Keelkattalai 3900 - 5900
Kelambakkam 2577 - 4400
Kilpauk 7452 - 16600
Kodambakkam 4900 - 14364
Kolapakkam 3700 - 4800
Kolathur 3250 - 7250
Korattur 3502 - 9000
Kotturpuram 7475 - 22000
Kovilambakkam 3788 - 5527
Koyambedu 4511 - 9950
Kubera Nagar 4000 - 4450
Kundrathur 3000 - 4400
Madambakkam 2788 - 5287
Madhavaram 2935 - 5400
Madipakkam 3450 - 6400
Manapakkam 4750 - 5550
Mangadu 3100 - 4225
Maraimalai Nagar 2610 - 4832
Medavakkam 3300 - 5750
Mogappair East 5630 - 8650
Mogappair West 3928 - 8000
Nanganallur 4357 - 9405
Nanmangalam 3750 - 4800
Navalur 3200 - 6100
Nolambur 4700 - 6500
Nungambakkam 7712 - 22800
Okkiyam Thuraipakkam 4477 - 6503
Old Mahabalipuram Road 2266 - 6372
Oragadam 2600 - 4450
Padur 3118 - 5050
Pallavaram 3450 - 6500
Pallikaranai 3700 - 5950
Perambur 4408 - 7050
Perumbakkam 3110 - 4900
Perungalathur 3000 - 5050
Perungudi 4045 - 8410
Poonamalle 2500 - 4850
Porur 2886 - 7650
RA Puram 8300 - 26560
Radha Nagar 4300 - 5500
Rajakilpakkam 3578 - 5600
Ramapuram 5000 - 6950
S Kolathur 3800 - 5120
Saligramam 5658 - 10284
Selaiyur 3462 - 5200
Sholinganallur 3300 - 7100
Siruseri 2900 - 4819
Sithalapakkam 3150 - 4000
Sudharsan Nagar 3650 - 4451
Tambaram East 2935 - 5850
Tambaram West 2847 - 5200
Thalambur 3229 - 4157
Thirumullaivoyal 2800 - 4400
Thiruporur 2300 - 4450
Thiruvanmiyur 5432 - 15900
Thoraipakkam 3760 - 7700
Tondiarpet 4000 - 7450
Urapakkam 2350 - 4800
Vadapalani 5674 - 10950
Valasaravakkam 3973 - 8850
Vandalur 3230 - 3950
Velachery 4259 - 9642
Vengaivasal 3157 - 4850
Villivakkam 4350 - 7246
Vinayagapuram 3550 - 4900
Virugambakkam 4537 - 8801
Zamin Pallavaram 4400 - 5750
Pune Capital Values Rate/Sq ft (INR) (min / max)
Akurdi 3923 - 7800
Alandi 3113 - 5000
Alandi Road 2731 - 6002
Ambegaon Budruk 2750 - 6866
Ambegaon Pathar 2850 - 6844
Anand Nagar 3489 - 8100
Aundh 6308 - 12300
Balewadi 5300 - 7900
Balewadi Gaon 5656 - 8300
Balewadi Phata 4880 - 8950
Balewadi Stadium 5650 - 7525
Baner 4650 - 9550
Baner - Pashan Link Road 6050 - 9250
Baner Gaon 4650 - 9150
Baner Road 4347 - 9650
Baner-Balewadi Road 5550 - 7700
Bavdhan 5250 - 8100
Bavdhan Khurd 5169 - 8353
Bhavani Peth 6094 - 8920
Bhosale Nagar 11450 - 19412
Bhosari 3486 - 7542
Bhugaon 3650 - 7246
Bhujbal Vasti 4950 - 6800
Bhumkar Nagar 4850 - 6850
Bhusari Colony 6000 - 10200
Bibwewadi 4550 - 10500
Boat Club Road 8900 - 22000
Bopodi 4650 - 9000
Bund Garden Road 7310 - 17950
Camp 5138 - 12600
Chakan 2150 - 4650
Chandan Nagar 4040 - 8284
Chandani Chowk 4850 - 8650
Charholi Budruk 2541 - 6500
Chikhali 2653 - 5700
Chinchwad 4750 - 8100
Dahanukar Colony 7925 - 14400
Dange Chowk 4750 - 7600
Deccan Gymkhana 6550 - 18244
Dehu Road 2714 - 5661
Dhankawadi 2167 - 7970
Dhanori 3216 - 7050
Dhanori Lohegaon Road 3700 - 6050
Dhayari 3400 - 6900
Dhayari Phata 4150 - 7650
Dighi 3450 - 6056
Erandwane 7050 - 17000
Fatima Nagar 4041 - 8479
Gadital 3550 - 7700
Hadapsar 2560 - 8850
Handewadi 3434 - 5231
Hinjewadi 4500 - 7200
Joggers Park 6250 - 14300
Kale Padal 3450 - 5950
Kalewadi 4000 - 6900
Kalubai Nagar 4000 - 4500
Kalyani Nagar 4800 - 15500
Karve Nagar 6250 - 11600
Karve Road 6999 - 18750
Kaspate Vasti 4950 - 7600
Katraj 3500 - 7700
Katraj Kondhwa Road 3914 - 6320
Kedari Nagar 6182 - 8950
Keshav Nagar 3400 - 6950
Kharadi 4800 - 8050
Kirkitwadi 3600 - 5505
Kiwale 3400 - 6085
Kondhwa 3100 - 8150
Kondhwa Budruk 3117 - 6939
Koregaon Park 7034 - 17750
Kothrud 6200 - 12300
Law College Road 12687 - 18300
Laxmi Nagar-Balewadi 5650 - 7950
Lohgaon 2648 - 6354
Loni Kalbhor 2950 - 4200
Lulla Nagar 5548 - 9000
Magarpatta City 5850 - 9650
Mahalunge 5100 - 6850
Manjri 3700 - 6350
Market Yard 5000 - 12300
Marunji 3759 - 7300
Model Colony 8825 - 22150
Mohammedwadi 4050 - 6400
Moshi 3000 - 5800
Mundhwa 3550 - 8599
Nagar Road 3250 - 9914
Narhe 2950 - 6450
New Sangvi 4528 - 8100
NIBM Annexe 3500 - 7200
NIBM Road 4350 - 8300
Nigdi 4650 - 7943
Park Street 6100 - 8050
Pashan 5256 - 8600
Pashan-Sus Road 4670 - 9044
Patil Nagar-Bavdhan 4979 - 8850
Paud Road 3906 - 12035
Phursungi 2835 - 6028
Pimple Gurav 4543 - 8100
Pimple Nilakh 5450 - 8450
Pimple Saudagar 5500 - 8150
Pimpri 4600 - 8050
Pimpri Chinchwad 3731 - 7650
Pirangut 3086 - 4150
Pisoli 3200 - 5300
Prabhat Road 11146 - 20000
Punawale 4134 - 6300
Rahatni 4700 - 7700
Rambaug Colony 8750 - 12800
Ravet 3863 - 7200
Sadashiv Peth 6000 - 11400
Sahakar Nagar 8800 - 14000
Salunkhe Vihar 4850 - 7850
Sasane Nagar 4250 - 6100
Saswad 2509 - 4728
Shastri Nagar 6050 - 10800
Shivaji Nagar 8101 - 17424
Shivane 2390 - 6236
Sinhagad Road 4003 - 8900
Solapur Road 4000 - 5000
Somatne Phata 2735 - 4227
Sopan Baug Society 6850 - 14250
Spine Road 5200 - 5910
Sukhsagar Nagar 2700 - 7250
Sus 4444 - 6550
Swargate 4735 - 8904
Talegaon Dabhade 2600 - 4850
Tathawade 4562 - 6650
Thergaon 4586 - 7472
Tingre Nagar 3349 - 7481
Undri 3500 - 6000
Vadgaon Budruk 3074 - 7691
Veerbhadra Nagar 6208 - 9200
Viman Nagar 5350 - 9800
Vishal Nagar 4974 - 7600
Vishrantwadi 3254 - 8950
Wadgaon Budruk 3700 - 7920
Wadgaon Sheri 4500 - 8800
Wagholi 3250 - 5800
Wagholi Nagar Road 3381 - 6389
Wakad 4650 - 7600
Wakadkar Wasti 5000 - 6550
Wanawari 4650 - 9250
Wanwadi 4374 - 11161
Warje 5050 - 8350
Yerawada 3988 - 9674
Noida Capital Values Rate/Sq ft (INR) (min / max)
Baraula 3305 - 4050
Hindon Vihar 2400 - 4750
Kendriya Vihar 2 4453 - 6400
Sadarpur 3078 - 7321
Sarafabad 2093 - 4000
Sector 1 2451 - 3700
Sector 100 4900 - 6650
Sector 104 6700 - 9700
Sector 107 4800 - 6600
Sector 108 4840 - 6650
Sector 110 3750 - 6500
Sector 113 3550 - 5200
Sector 117 3611 - 5528
Sector 118 3150 - 4900
Sector 119 3800 - 6050
Sector 120 4450 - 5458
Sector 121 2000 - 6250
Sector 128 4150 - 9900
Sector 129 3500 - 5228
Sector 131 3179 - 6250
Sector 133 3459 - 5700
Sector 134 3400 - 5100
Sector 135 3700 - 5500
Sector 137 3950 - 6200
Sector 143 3600 - 5350
Sector 150 3250 - 4953
Sector 151 2350 - 4450
Sector 168 3750 - 6350
Sector 21 5750 - 8260
Sector 28 5450 - 10500
Sector 29 5000 - 10000
Sector 34 4784 - 8950
Sector 37 4130 - 10893
Sector 4 2050 - 3516
Sector 44 5312 - 16466
Sector 45 3972 - 8017
Sector 46 4532 - 5577
Sector 49 2726 - 4250
Sector 50 5244 - 10350
Sector 51 5460 - 7600
Sector 52 4700 - 9000
Sector 61 5500 - 7957
Sector 62 4150 - 6945
Sector 70 3049 - 6850
Sector 72 2550 - 2900
Sector 73 2450 - 3600
Sector 74 4400 - 5350
Sector 75 3608 - 5800
Sector 76 4100 - 5550
Sector 77 4400 - 6450
Sector 78 3850 - 6800
Sector 79 3474 - 5250
Sector 82 4065 - 7200
Sector 93 3900 - 9050
Sector 93A 3814 - 11300
Sector 93B 5437 - 10350
Sector 99 3550 - 6650
Sultanpur 3900 - 9600
Taj Expressway 2750 - 4355
Vivek Vihar 4900 - 5350
Gurgaon Capital Values Rate/Sq ft (INR) (min / max)
Ambience Island 10850 - 20000
Ansal Plaza 5169 - 9300
Ardee City 4781 - 8944
Chandan Vihar 4950 - 7800
Chanderlok 9700 - 12650
Dhorka 2900 - 5400
DLF City Phase 1 6542 - 17250
DLF City Phase 2 5236 - 16350
DLF City Phase 3 8651 - 12900
DLF City Phase 4 8800 - 13150
DLF City Phase 5 10250 - 14400
DLF Golf Course Road 8650 - 18929
Dwarka-Manesar Expressway 2700 - 9152
Fazilpur Jharsa 5200 - 7600
Garauli Kalan 2500 - 5700
Garauli Khurd 2790 - 5631
Ghatta Kanarpur 8450 - 14561
Golf Course Extension Road 6750 - 10550
Gurgaon - Faridabad Road 5900 - 7850
Huda Colony 4671 - 10650
Kendriya Vihar 6000 - 8600
Kherki Daula 3300 - 5850
Malibu Town 4691 - 11100
Manesar 2950 - 6110
Mayfield Garden 4387 - 9150
New Palam Vihar 2664 - 4350
Nirvana Country 5750 - 10300
Orchid Island 6389 - 10300
Palam Vihar 4989 - 10200
Rampura 4169 - 5550
Rosewood City 4213 - 12397
Sector 102 2937 - 7900
Sector 103 2852 - 5250
Sector 104 3407 - 9300
Sector 106 4050 - 6000
Sector 107 2432 - 8100
Sector 108 4050 - 8614
Sector 109 4500 - 6400
Sector 110 4700 - 6812
Sector 110A 4738 - 8038
Sector 111 3461 - 10150
Sector 112 4935 - 7009
Sector 15 Part 2 6043 - 11400
Sector 22 7850 - 11750
Sector 23 5133 - 10350
Sector 27 6338 - 13029
Sector 28 6453 - 17429
Sector 30 10300 - 14449
Sector 31 6646 - 13062
Sector 33 4394 - 9900
Sector 37C 2353 - 6000
Sector 37D 3150 - 5850
Sector 39 4600 - 8379
Sector 40 5202 - 11580
Sector 42 9983 - 18565
Sector 43 4750 - 12500
Sector 45 4550 - 10358
Sector 46 4300 - 10513
Sector 47 5133 - 12100
Sector 48 6500 - 11500
Sector 49 6947 - 10650
Sector 50 6150 - 11050
Sector 51 5400 - 10000
Sector 52 4144 - 10500
Sector 53 8800 - 15500
Sector 54 8450 - 17750
Sector 55 5850 - 8887
Sector 56 4700 - 9050
Sector 57 3900 - 10100
Sector 58 8000 - 11500
Sector 60 7200 - 8800
Sector 61 7600 - 9250
Sector 62 6368 - 9500
Sector 65 4350 - 10850
Sector 66 6550 - 9450
Sector 67 5000 - 9150
Sector 68 4500 - 7400
Sector 69 4418 - 6750
Sector 70 4100 - 8650
Sector 71 5200 - 7500
Sector 72 5550 - 8400
Sector 73 3850 - 5200
Sector 76 3500 - 6000
Sector 77 3800 - 5550
Sector 78 3800 - 7141
Sector 79 2509 - 7900
Sector 80 4150 - 6050
Sector 81 3800 - 6000
Sector 82 3100 - 7650
Sector 83 3950 - 6200
Sector 84 3400 - 5600
Sector 85 3650 - 5550
Sector 86 3750 - 5400
Sector 88A 3555 - 7650
Sector 88B 5051 - 6050
Sector 89 3300 - 6944
Sector 90 3700 - 5400
Sector 91 3150 - 5500
Sector 92 2750 - 6650
Sector 93 2786 - 4700
Sector 95 2716 - 5534
Sector 99 2004 - 7610
Sohna 2405 - 5850
Sohna Road 2830 - 11113
South City 1 6450 - 13850
South City 2 4207 - 11500
Suncity 5317 - 16300
Sushant Lok 7301 - 15350
Sushant Lok 1 5997 - 12250
Sushant Lok 2 4200 - 10422
Sushant Lok 3 3850 - 9600
Tikri 5200 - 11132
Ullahawas 7450 - 9200
Uniworld City 10650 - 13259
Uniworld Resorts 7820 - 10816
Uppal Southend 4800 - 9700
Vatika City 7850 - 10500
  • 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...

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Prakash Gaba

Technical Analyst , prakashgaba.com

(03 Jun- 14:00hrs)

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The sum assured in home insurance policy is calculated according to?

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Difference between leasehold and freehold property?

Naushad Panjwani, Sr ED ,Knight Frank India explains difference between leasehold and freehold property.

Feb 03 2014,19:18

FAQs

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

The buyer is liable to pay the stamp duty.

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.

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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.