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Aditya Verma

EVP and COO, Makaan.com

Diipesh Bhagtani

Executive Director, Jaycee Homes

Ganesh Vasudevan

CEO, IndiaProperty.com

Expert Comments

Ganesh Vasudevan

CEO,IndiaProperty.com

As of April, 2015 the project’s psft value is averaging at INR 3100. Except towers 20, 23 and 27, all other towers are nearing completion and should be handed over to the buyers soon.Sector 151 lies towards the end of the Noida Expressway and almost touches Greater Noida. The project has not seen much demand as there are ample options available on the Expressway closer to Noida. As per location the project would see slow appreciation.

Ganesh Vasudevan

CEO,IndiaProperty.com

Greater Mohali Area Development Authority’s Eco City Phase 1 is a planned township project spread over 412 acres in Mullanpur. The project is good with all legal formalities and clearances. The project has attracted many investors as it provides good amenities and is not far from Central Chandigarh. It is good for long term investment. Price for a 300 sq yard commercial plot here would be approximately INR 2.40crores and for a residential plot approximately INR 56 lakhs to 1 crore.
kishu790:I want to invest in good location in Delhi NCR with good returns for long term with budget of 40-45Lac . Can you please suggest the properties?

Ganesh Vasudevan

CEO,IndiaProperty.com

Within your budget it is difficult to get a property in Gurgaon or Noida. You can consider investing in plots and apartments in Badarpur, Kundli and Khanpur. The property price in the mentioned localities has appreciated by over 10% in the past two quarters and is expected to rise further. You can also consider Noida Extension, Noida Expressway, Dwarka Expressway, Gurgaon and Manesar, but you will get limited options in your budget.
sanoopsourabhan:Could you please advise me regarding the prevailing market rates for a 2 BHK apartment in Chhani area of Vadodara

Ganesh Vasudevan

CEO,IndiaProperty.com

As per the inventory, Chhani has a number of 2BHK apartments averaging at INR 2400 – 2600 psft
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Anil Pharande

Chairman,Pharande Spaces
(Aug 27 2015, 15:00)

Property Guide

Property rates in India

Central Suburbs Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Badlapur 2800 - 3500 Feb 2015
Dombivali 4500 - 6000 Feb 2015
Ghatkopar 12000 - 21000 Feb 2015
Ghodbunder Road 6000 - 10000 Feb 2015
Mulund 10000 - 14000 Feb 2015
Naupada 13000 - 18000 Feb 2015
Powai 13000 - 20000 Feb 2015
Navi Mumbai Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Kharghar 6500 - 9500 Feb 2015
Panvel 4500 - 6500 Feb 2015
Vashi 10000 - 15000 Feb 2015
South Mumbai Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Colaba 33000 - 48000 Feb 2015
Cuffe Parade 35000 - 71000 Feb 2015
Tardeo 40000 - 60000 Feb 2015
Western Mumbai Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Andheri 14000 - 21000 Feb 2015
Bandra West 40000 - 60000 Feb 2015
Borivali 11000 - 15000 Feb 2015
Dahisar 8000 - 10000 Feb 2015
Goregoan 13000 - 15000 Feb 2015
Mira Road East 5500 - 7500 Feb 2015
Virar 4500 - 5500 Feb 2015
New Delhi Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Chanakyapuri 58000 - 68000 Oct 2014
Defence Colony 25000 - 34000 Oct 2014
East Delhi (Mayur Vihar, Preet Vihar, IP extention) 5500 - 8700 Oct 2014
Golf Links 55000 - 65000 Oct 2014
Jor Bagh 58000 - 68000 Oct 2014
Ghaziabad Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Indrapuram - Ghaziabad 3000 - 4300 Oct 2014
NH- 24 - Ghaziabad 2200 - 2600 Oct 2014
Old Ghaziabad 1850 - 5750 Oct 2014
Vaishali / Vasundra- Ghaziabad 3300 - 4500 Oct 2014
Gurgaon Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
DLF Phase 1-4 / Shushant Lok 6000 - 14500 Oct 2014
Golf Course 52/ 56/58 and 61- Gurn 6000 - 14000 Oct 2014
Golf Course Road / Sohnar Road - Gur 6000 - 8500 Oct 2014
Shushant Lok 6000 - 14500 Oct 2014
Sohnar Road 6000 - 8500 Oct 2014
Noida Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Express Highway - Noida 3400 - 6500 Oct 2014
Golf Course 52/ 56/58 and 61- Gurn 6000 - 14000 Oct 2014
Golf Course Road / Sohnar Road - Gur 6000 - 8500 Oct 2014
Greater Noida 2700 - 4500 Oct 2014
Greater Noida (Grade A Only) 3150 - 7500 Oct 2014
Faridabad Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Anand Niketan 23000 - 37000 Oct 2014
Dwarka 7500 - 9100 Oct 2014
Friends Colony (W) 22000 - 35000 Oct 2014
Green Park 20000 - 26000 Oct 2014
Janakpuri 7550 - 9500 Oct 2014
Nehar Par- Faridabad 2200 - 3300 Oct 2014
New Friends Colony 19000 - 31000 Oct 2014
NH - 2 Faridabad 3700 - 5200 Oct 2014
Old Faridabad 4200 - 6000 Oct 2014
Suraj Kund 4000 - 5600 Oct 2014
Vasant Kunj 16000 - 20000 Oct 2014
NCR Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Chanakyapuri 58000 - 68000 Oct 2014
East Delhi (Mayur Vihar, Preet Vihar, IP extention) 5500 - 8700 Oct 2014
Golf Links 55000 - 65000 Oct 2014
Greater Kailash I & II 26000 - 34000 Oct 2014
Jor Bagh 58000 - 68000 Oct 2014
Rohini / Pitampura 8700 - 11200 Oct 2014
Kolkata Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Alipore 10000 - 15000 Oct 2014
Ballygunge 12000 - 17000 Oct 2014
Behala 2450 - 3500 Oct 2014
New Town Rajarhat 2200 - 4500 Oct 2014
Salt Lake 4000 - 5500 Oct 2014
South of Park Street 4500 - 6500 Oct 2014
Hyderabad Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Banjara Hills 6500 - 9500 Oct 2014
Begumpet 3800 - 5500 Oct 2014
Gachibowli 3000 - 4400 Oct 2014
Jubilee Hills 6000 - 7600 Oct 2014
Kukatpally 3000 - 3850 Oct 2014
Madhapur 3200 - 4600 Oct 2014
Miyapur 2400 - 3400 Oct 2014
Secunderabad 3500 - 4000 Oct 2014
Srinagar Colony 5000 - 5500 Oct 2014
Uppal 2000 - 2400 Oct 2014
Bangalore Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Banaswadi 4500 - 7500 Oct 2014
Basavangudi 6000 - 10300 Oct 2014
Bellary Road 4000 - 6600 Oct 2014
BTM Layout 5000 - 8100 Oct 2014
Indiranagar 8000 - 12200 Oct 2014
J.P. Nagar 5000 - 9500 Oct 2014
Koramangala 7000 - 10500 Oct 2014
M.G. Road 16000 - 25000 Oct 2014
Malleshwaram 7600 - 12000 Oct 2014
Rajaji Nagar 5000 - 8500 Oct 2014
Whitefield 3500 - 6000 Oct 2014
Chennai Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Anna Nagar 11000 - 14000 Oct 2014
Ashok Nagar 9000 - 11000 Oct 2014
Boat Club 22000 - 26000 Oct 2014
Egmore/Kilpauk 9000 - 14000 Oct 2014
Guindy 6000 - 8000 Oct 2014
Moggapair 5000 - 6800 Oct 2014
Poes Garden 20000 - 25000 Oct 2014
R A Puram 13000 - 18000 Oct 2014
T Nagar 10000 - 14000 Oct 2014
Vadapalani 6000 - 8000 Oct 2014
Velachery- OMR Road 6000 - 8000 Oct 2014
Pune Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Airport Road 3500 - 4500 Feb 2015
Akurdi 3000 - 3600 Feb 2015
Ambegaon 3200 - 5150 Feb 2015
Aundh 5500 - 8000 Feb 2015
Balewadi 4800 - 5500 Feb 2015
Baner 5000 - 7500 Feb 2015
Bibwewadi 3200 - 5200 Feb 2015
Boat Club Road 9000 - 15000 Feb 2015
BT Kawde Road 4200 - 9000 Feb 2015
Chakan 2200 - 2500 Feb 2015
Chikhli 2200 - 3350 Feb 2015
Chinchwad 3150 - 4400 Feb 2015
Dapodi 3300 - 3550 Feb 2015
Deccan Gymkhana 6500 - 10000 Feb 2015
Dehu Road 2300 - 2800 Feb 2015
Fatima Nagar 4000 - 6500 Feb 2015
Hadapsar 4500 - 8000 Feb 2015
Hinjewadi 4600 - 5200 Feb 2015
Kalyaninagar 8000 - 12000 Feb 2015
Karve Road 4500 - 6300 Feb 2015
Khadki 3300 - 4500 Feb 2015
Kharadi 4000 - 5500 Feb 2015
Kondhwa 3600 - 6050 Feb 2015
Koregaon Park 10000 - 15000 Feb 2015
Kothrud 5100 - 8000 Feb 2015
Magarpatta 3400 - 8000 Feb 2015
Market Yard 4100 - 6000 Feb 2015
Model Colony 6600 - 11000 Feb 2015
Moshi 2600 - 3320 Feb 2015
NIBM 3600 - 6050 Feb 2015
Nigdi Pradhikaran 2550 - 3500 Feb 2015
Pashan 5000 - 7500 Feb 2015
Pimple Nilakh 4500 - 5500 Feb 2015
Pimple Saudagar 4500 - 5500 Feb 2015
Pimpri 3250 - 3750 Feb 2015
Ravet 3050 - 3500 Feb 2015
Sahakar Nagar 6500 - 8000 Feb 2015
Shivajinagar 6600 - 11000 Feb 2015
Sinhgadh road 3250 - 6200 Feb 2015
Somatne Phata 2200 - 2800 Feb 2015
Sopan Baug 4200 - 9000 Feb 2015
Talegaon 2400 - 3250 Feb 2015
Talwade 2150 - 2500 Feb 2015
Tathawade 3600 - 4200 Feb 2015
Thergaon 2700 - 3450 Feb 2015
Undri 3350 - 4200 Feb 2015
Vishrantwadi 3500 - 4500 Feb 2015
Wagholi 2700 - 3500 Feb 2015
Wakad 3800 - 4400 Feb 2015
Wanowrie 4000 - 6500 Feb 2015
Yerwada 3500 - 4500 Feb 2015
Sulekha Property price trends are based on asking rate of ads listed on our portal and are only indicative of asking prices of properties
Note
1. Values indicated above are quoted base rental values for retail space across locations.
2. Values are excluding taxes, maintenance, car park charges, floor rise and other charges that may be applicable.
3. The values may vary depending on the location infrastructure, amenities, facilities and other related issues.
4. Rental values quoted above are negotiable
Note

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Classroom

Property Terms

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.

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.

Assignment

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

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.

Alternative user value

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

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