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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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Narasimha Jayakumar

Chief Business Officer,99acres.com
(Jul 20 2017, 13:00)

Will affordable housing offer good investment opportunities

Property rates in India

Mumbai beyond Thane Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Ambernath East 3000 - 3500 Aug 2017
Ambernath West 2900 - 3400 Aug 2017
Badlapur East 3000 - 3500 Aug 2017
Badlapur West 3000 - 3500 Aug 2017
Bhiwandi 3500 - 4000 Aug 2017
Dombivali 5000 - 5500 Aug 2017
Kalyan East 4700 - 5200 Aug 2017
Karjat 3100 - 3500 Aug 2017
Neral 2500 - 3000 Aug 2017
Sil Phata 4500 - 5000 Aug 2017
Vangani 2500 - 3000 Aug 2017
Mumbai Central Line Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Bhandup West 11000 - 12000 Aug 2017
Ghatkopar East 14000 - 17000 Aug 2017
Ghatkopar West 15500 - 17000 Aug 2017
Kanjurmarg 12000 - 13000 Aug 2017
Kurla 13000 - 14000 Aug 2017
Mulund East 13000 - 14000 Aug 2017
Mulund West 13500 - 14500 Aug 2017
Powai 17000 - 18000 Aug 2017
Sion 16500 - 18000 Aug 2017
Vikhroli 11000 - 13000 Aug 2017
Mumbai Mira Road and beyond Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Bhayandar East 7500 - 8000 Aug 2017
Bhayandar West 7000 - 7500 Aug 2017
Boisar 2700 - 3200 Aug 2017
Mira Road East 7000 - 7500 Aug 2017
Naigaon East 4300 - 4800 Aug 2017
Nala Sopara 4100 - 4500 Aug 2017
Palghar 2600 - 3100 Aug 2017
Saphale 3000 - 3400 Aug 2017
Vasai 4200 - 5000 Aug 2017
Virar 4500 - 5000 Aug 2017
Mumbai South Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Agripada 28000 - 30000 Aug 2017
Byculla 22000 - 25000 Aug 2017
Dadar East 27500 - 29000 Aug 2017
Dadar West 23000 - 26000 Aug 2017
Girgaon 24500 - 25500 Aug 2017
Mahalaxmi 31000 - 34000 Aug 2017
Parel 22000 - 24000 Aug 2017
Prabhadevi 31000 - 34500 Aug 2017
Tardeo 42000 - 45000 Aug 2017
Worli 43000 - 45000 Aug 2017
Mumbai-Andheri Dahisar Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Andheri East 15000 - 15800 Aug 2017
Andheri West 19000 - 20000 Aug 2017
Borivali West 16200 - 17000 Aug 2017
Dahisar 9600 - 10100 Aug 2017
Goregaon East 15000 - 18000 Aug 2017
Goregaon West 13500 - 14300 Aug 2017
Kandivali East 11000 - 12000 Aug 2017
Kandivali West 11000 - 12000 Aug 2017
Malad East 13000 - 14000 Aug 2017
Malad West 13100 - 13800 Aug 2017
Navi Mumbai Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Airoli 8800 - 10500 Aug 2017
Dronagiri 4500 - 5000 Aug 2017
Ghansoli 9500 - 10500 Aug 2017
Karanjade 4800 - 5500 Aug 2017
Kharghar 7500 - 8500 Aug 2017
Nerul 10500 - 11500 Aug 2017
Panvel 5200 - 5700 Aug 2017
Seawoods 12000 - 13000 Aug 2017
Taloja 4000 - 5000 Aug 2017
Ulwe 5900 - 6300 Aug 2017
East Delhi Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
IP Extension 15000 - 17500 Aug 2017
Mayur Vihar 13000 - 15500 Aug 2017
Patparganj 21000 - 23000 Aug 2017
Shahdra 8800 - 10000 Aug 2017
Faridabad Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Sector 41 8900 - 9100 Aug 2017
Sector 49 4600 - 4800 Aug 2017
Sector 63 3450 - 3650 Aug 2017
Sector 70 3500 - 4200 Aug 2017
Sector 77 3500 - 3600 Aug 2017
Sector 81 6300 - 6500 Aug 2017
Sector 82 4000 - 4500 Aug 2017
Sector 85 3800 - 4200 Aug 2017
Sector 88 3500 - 3700 Aug 2017
Sector 89 3400 - 3700 Aug 2017
Gurgaon Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Sector 102 5400 - 6200 Aug 2017
Sector 109 7400 - 7800 Aug 2017
Sector 11 Sohna 2900 - 3200 Aug 2017
Sector 113 8500 - 9000 Aug 2017
Sector 2 Sohna 4000 - 4500 Aug 2017
Sector 37C 4800 - 5200 Aug 2017
Sector 70A 6300 - 6600 Aug 2017
Sector 79 6000 - 6500 Aug 2017
Sector 93 3400 - 4400 Aug 2017
Noida Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Sector 1 Noida Extension 3300 - 3500 Aug 2017
Sector 144 4300 - 4500 Aug 2017
Sector 150 4400 - 4600 Aug 2017
Sector 152 4700 - 4900 Aug 2017
Sector 16C Noida Extension 3500 - 3700 Aug 2017
Sector 22D Yamuna Expressway 3000 - 3200 Aug 2017
Sector 25 Yamuna Expressway 3400 - 3700 Aug 2017
Sector 75 5200 - 5400 Aug 2017
Sector 76 4500 - 4700 Aug 2017
Techzone 4 3200 - 3500 Aug 2017
North Delhi Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Civil Lines 12000 - 14500 Aug 2017
Karol Bagh 14000 - 16000 Aug 2017
Model Town 13000 - 16000 Aug 2017
Rohini 14000 - 16000 Aug 2017
South Delhi Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Greater Kailash 25000 - 28000 Aug 2017
Hauz Khas 35000 - 38000 Aug 2017
Moti Bagh 19000 - 21000 Aug 2017
West Delhi Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Ashok Nagar 12000 - 14000 Aug 2017
Janak Puri 12000 - 14000 Aug 2017
Paschim Vihar 11000 - 13500 Aug 2017
Rajouri Garden 18000 - 20000 Aug 2017
Vikas Puri 11000 - 13000 Aug 2017
Kolkata Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Barasat 2200 - 2500 Aug 2017
Barrackpore 2300 - 2800 Aug 2017
Baruipur 1900 - 2400 Aug 2017
Howrah 3500 - 4000 Aug 2017
Joka 2300 - 2800 Aug 2017
Narendrapur 3200 - 3500 Aug 2017
New Town 3200 - 4000 Aug 2017
Rajarhat 3400 - 3900 Aug 2017
Sonarpur 2500 - 3000 Aug 2017
Uttarpara Kotrung 2500 - 3000 Aug 2017
Hyderabad Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Bongloor 2800 - 3300 Aug 2017
Gachibowli 4600 - 5100 Aug 2017
Hitech City 4500 - 5000 Aug 2017
Kokapet 3600 - 4100 Aug 2017
Kondapur 4300 - 4800 Aug 2017
Kukatpally 4000 - 4500 Aug 2017
Manikonda 3900 - 4400 Aug 2017
Miyapur 3100 - 3500 Aug 2017
Nallagandla Gachibowli 4000 - 4500 Aug 2017
Toli Chowki 4500 - 5500 Aug 2017
Bangalore Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Bellandur 5400 - 5800 Aug 2017
Budigere Cross 4000 - 4500 Aug 2017
Chandapura 2400 - 2900 Aug 2017
Electronic City 3500 - 4000 Aug 2017
Hoskote 2300 - 2800 Aug 2017
Jakkur 4700 - 5100 Aug 2017
Sarjapur 2800 - 3300 Aug 2017
Subramanyapura 4900 - 5300 Aug 2017
Varthur 4300 - 4800 Aug 2017
Whitefield Hope Farm Junction 4500 - 5300 Aug 2017
Yelahanka 4800 - 5400 Aug 2017
Chennai Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Korattur 7200 - 7700 Aug 2017
Madhavaram 4100 - 4800 Aug 2017
Mevalurkuppam 3400 - 4000 Aug 2017
Navallur 4100 - 4500 Aug 2017
Perumbakkam 3700 - 4200 Aug 2017
Ponneri 2900 - 3400 Aug 2017
Sholinganallur 4800 - 5200 Aug 2017
Singaperumal Koil 3500 - 4000 Aug 2017
Vadapalani 9000 - 9500 Aug 2017
West Tambaram 3700 - 4200 Aug 2017
Pune Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Aundh 6000 - 8000 Jul 2013
Baner 6000 - 8000 Jul 2013
Bibewadi 5000 - 6500 Jul 2013
Hadapsar 4000 - 6000 Jul 2013
Kalyani Nagar 8000 - 10000 Jul 2013
Kharadi 4000 - 6000 Jul 2013
Law College Road 11000 - 16000 Jul 2013
Magarpatta 4000 - 8000 Jul 2013
New Sanghvi 3000 - 4000 Jul 2013
NIBM Road 4000 - 6000 Jul 2013
Pimple Saudagar 4000 - 6000 Jul 2013
Pune Satara Road 4000 - 5000 Jul 2013
Ravet 3000 - 4000 Jul 2013
Talegaon 2000 - 3000 Jul 2013
Undri 3000 - 5000 Jul 2013
Viman Nagar 5000 - 7000 Jul 2013
Vishrantwadi 3000 - 5000 Jul 2013
Wakad 4000 - 6000 Jul 2013
Yerwada 4000 - 7000 Jul 2013
Ahmedabad Central Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Vasna 4200 - 4500 Aug 2017
Ahmedabad North Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Chandkheda 2500 - 2800 Aug 2017
Gota 2800 - 3100 Aug 2017
Motera 3100 - 3300 Aug 2017
Ahmedabad South Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Changodar 1600 - 1700 Aug 2017
Narolgam 1500 - 1700 Aug 2017
Ahmedabad West Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Bopal 3000 - 3300 Aug 2017
SG Highway Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Near Nirma University On SG Highway 2900 - 3300 Aug 2017
Near Vaishno Devi Circle On SG Highway 3200 - 3500 Aug 2017
Thaltej 4500 - 4800 Aug 2017
Chandigarh Capital Values Rate/Sq ft (INR)
(min / max)
Updated on
Dera Bassi 2300 - 2700 Aug 2017
Pinjore 3100 - 3900 Aug 2017
Sector 14 Panchkula 4000 - 4500 Aug 2017
Sector 2 Panchkula 3000 - 4000 Aug 2017
Sector 20 Panchkula 4800 - 5200 Aug 2017
Sector 3 Panchkula 3800 - 4200 Aug 2017
Shimlipur 2100 - 2500 Aug 2017
Proptiger.com price trend are based on asking rate and not necessarily on the transaction rate
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Property Terms

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.

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.

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.

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.

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.

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