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Aditya Verma
EVP and COO, Makaan.com
Diipesh Bhagtani
Executive Director, Jaycee Homes
Ganesh Vasudevan
CEO, IndiaProperty.com
Expert Comments
jpsingh20:In Aug 2013, I bought a 2-BHK flat from secondary market @ Rs.3300/- psft in JayPee\'s Aman project in Sector-151 on Noida Expressway. Could you tell me what are the prospects for the project for 1, 2, 5, 10 years, while the possession is still awaited? Thanks
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.
saketdham:Hi Is it a good idea to buy a property in GMADA Eco City Phase 1 in New Chandigarh (Mullan Pur) ?? What would be the cost of a 300 sq yds plot in this area ? Please advice...Thanks and regards.
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
Chat
Narasimha Jayakumar
Chief Business Officer,99acres.com
(Jul 20 2017, 13:00)
Will affordable housing offer good investment opportunities
Property rates in India
Rates by:
proptiger.com
| Mumbai beyond Thane | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Ambernath East | 3000 - 3500 | Jul 2017 |
| Ambernath West | 2900 - 3400 | Jul 2017 |
| Badlapur East | 3000 - 3500 | Jul 2017 |
| Badlapur West | 3000 - 3500 | Jul 2017 |
| Bhiwandi | 3500 - 4000 | Jul 2017 |
| Dombivali | 5000 - 5500 | Jul 2017 |
| Kalyan East | 4700 - 5200 | Jul 2017 |
| Karjat | 3100 - 3500 | Jul 2017 |
| Neral | 2500 - 3000 | Jul 2017 |
| Sil Phata | 4500 - 5000 | Jul 2017 |
| Vangani | 2500 - 3000 | Jul 2017 |
| Mumbai Central Line | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Bhandup West | 11000 - 12000 | Jul 2017 |
| Ghatkopar East | 14000 - 17000 | Jul 2017 |
| Ghatkopar West | 15500 - 17000 | Jul 2017 |
| Kanjurmarg | 12000 - 13000 | Jul 2017 |
| Mulund East | 13000 - 14000 | Jul 2017 |
| Mulund West | 13500 - 14500 | Jul 2017 |
| Powai | 17000 - 18000 | Jul 2017 |
| Sion | 16500 - 18000 | Jul 2017 |
| Vikhroli | 11000 - 13000 | Jul 2017 |
| Mumbai Mira Road and beyond | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Bhayandar East | 7500 - 8000 | Jul 2017 |
| Bhayandar West | 7000 - 7500 | Jul 2017 |
| Boisar | 2700 - 3200 | Jul 2017 |
| Mira Road East | 7000 - 7500 | Jul 2017 |
| Naigaon East | 4300 - 4800 | Jul 2017 |
| Nala Sopara | 4100 - 4500 | Jul 2017 |
| Palghar | 2600 - 3100 | Jul 2017 |
| Saphale | 3000 - 3400 | Jul 2017 |
| Vasai | 4200 - 5000 | Jul 2017 |
| Virar | 4500 - 5000 | Jul 2017 |
| Mumbai South | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Agripada | 28000 - 30000 | Jul 2017 |
| Byculla | 22000 - 25000 | Jul 2017 |
| Dadar East | 27500 - 29000 | Jul 2017 |
| Dadar West | 23000 - 26000 | Jul 2017 |
| Mahalaxmi | 31000 - 34000 | Jul 2017 |
| Parel | 22000 - 24000 | Jul 2017 |
| Prabhadevi | 31000 - 34500 | Jul 2017 |
| Tardeo | 42000 - 45000 | Jul 2017 |
| Worli | 43000 - 45000 | Jul 2017 |
| Mumbai-Andheri Dahisar | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Andheri East | 15000 - 15800 | Jul 2017 |
| Andheri West | 19000 - 20000 | Jul 2017 |
| Borivali West | 16200 - 17000 | Jul 2017 |
| Dahisar | 9600 - 10100 | Jul 2017 |
| Goregaon East | 15000 - 18000 | Jul 2017 |
| Goregaon West | 13500 - 14300 | Jul 2017 |
| Kandivali East | 11000 - 12000 | Jul 2017 |
| Malad East | 13000 - 14000 | Jul 2017 |
| Malad West | 13100 - 13800 | Jul 2017 |
| Navi Mumbai | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Airoli | 8800 - 10500 | Jul 2017 |
| Dronagiri | 4500 - 5000 | Jul 2017 |
| Ghansoli | 9500 - 10500 | Jul 2017 |
| Karanjade | 4800 - 5500 | Jul 2017 |
| Kharghar | 7500 - 8500 | Jul 2017 |
| Nerul | 10500 - 11500 | Jul 2017 |
| Panvel | 5200 - 5700 | Jul 2017 |
| Seawoods | 12000 - 13000 | Jul 2017 |
| Taloja | 4000 - 5000 | Jul 2017 |
| Ulwe | 5900 - 6300 | Jul 2017 |
| East Delhi | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Mayur Vihar | 13000 - 15500 | Jul 2017 |
| Patparganj | 21000 - 23000 | Jul 2017 |
| Shahdra | 8800 - 10000 | Jul 2017 |
| Faridabad | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Sector 41 | 8900 - 9100 | Jul 2017 |
| Sector 49 | 4600 - 4800 | Jul 2017 |
| Sector 63 | 3450 - 3650 | Jul 2017 |
| Sector 70 | 3500 - 4200 | Jul 2017 |
| Sector 77 | 3500 - 3600 | Jul 2017 |
| Sector 81 | 6300 - 6500 | Jul 2017 |
| Sector 82 | 4000 - 4500 | Jul 2017 |
| Sector 85 | 3800 - 4200 | Jul 2017 |
| Sector 88 | 3500 - 3700 | Jul 2017 |
| Sector 89 | 3400 - 3700 | Jul 2017 |
| Gurgaon | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Sector 102 | 5400 - 6200 | Jul 2017 |
| Sector 109 | 7400 - 7800 | Jul 2017 |
| Sector 11 Sohna | 2900 - 3200 | Jul 2017 |
| Sector 113 | 8500 - 9000 | Jul 2017 |
| Sector 2 Sohna | 4000 - 4500 | Jul 2017 |
| Sector 37C | 4800 - 5200 | Jul 2017 |
| Sector 70A | 6300 - 6600 | Jul 2017 |
| Sector 79 | 6000 - 6500 | Jul 2017 |
| Sector 93 | 3400 - 4400 | Jul 2017 |
| Noida | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Sector 1 Noida Extension | 3300 - 3500 | Jul 2017 |
| Sector 144 | 4300 - 4500 | Jul 2017 |
| Sector 150 | 4400 - 4600 | Jul 2017 |
| Sector 152 | 4700 - 4900 | Jul 2017 |
| Sector 16C Noida Extension | 3500 - 3700 | Jul 2017 |
| Sector 22D Yamuna Expressway | 3000 - 3200 | Jul 2017 |
| Sector 25 Yamuna Expressway | 3400 - 3700 | Jul 2017 |
| Sector 75 | 5200 - 5400 | Jul 2017 |
| Sector 76 | 4500 - 4700 | Jul 2017 |
| Techzone 4 | 3200 - 3500 | Jul 2017 |
| North Delhi | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Civil Lines | 12000 - 14500 | Jul 2017 |
| South Delhi | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Hauz Khas | 35000 - 38000 | Jul 2017 |
| Moti Bagh | 19000 - 21000 | Jul 2017 |
| West Delhi | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Janak Puri | 12000 - 14000 | Jul 2017 |
| Paschim Vihar | 11000 - 13500 | Jul 2017 |
| Rajouri Garden | 18000 - 20000 | Jul 2017 |
| Vikas Puri | 11000 - 13000 | Jul 2017 |
| Kolkata | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Barasat | 2200 - 2500 | Jul 2017 |
| Barrackpore | 2300 - 2800 | Jul 2017 |
| Baruipur | 1900 - 2400 | Jul 2017 |
| Howrah | 3500 - 4000 | Jul 2017 |
| Joka | 2300 - 2800 | Jul 2017 |
| Narendrapur | 3200 - 3500 | Jul 2017 |
| New Town | 3200 - 4000 | Jul 2017 |
| Rajarhat | 3400 - 3900 | Jul 2017 |
| Sonarpur | 2500 - 3000 | Jul 2017 |
| Uttarpara Kotrung | 2500 - 3000 | Jul 2017 |
| Hyderabad | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Bongloor | 2800 - 3300 | Jul 2017 |
| Gachibowli | 4600 - 5100 | Jul 2017 |
| Hitech City | 4500 - 5000 | Jul 2017 |
| Kokapet | 3600 - 4100 | Jul 2017 |
| Kondapur | 4300 - 4800 | Jul 2017 |
| Kukatpally | 4000 - 4500 | Jul 2017 |
| Manikonda | 3900 - 4400 | Jul 2017 |
| Miyapur | 3100 - 3500 | Jul 2017 |
| Nallagandla Gachibowli | 4000 - 4500 | Jul 2017 |
| Toli Chowki | 4500 - 5500 | Jul 2017 |
| Bangalore | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Bellandur | 5400 - 5800 | Jul 2017 |
| Budigere Cross | 4000 - 4500 | Jul 2017 |
| Chandapura | 2400 - 2900 | Jul 2017 |
| Electronic City | 3500 - 4000 | Jul 2017 |
| Hoskote | 2300 - 2800 | Jul 2017 |
| Jakkur | 4700 - 5100 | Jul 2017 |
| Sarjapur | 2800 - 3300 | Jul 2017 |
| Subramanyapura | 4900 - 5300 | Jul 2017 |
| Varthur | 4300 - 4800 | Jul 2017 |
| Whitefield Hope Farm Junction | 4500 - 5300 | Jul 2017 |
| Yelahanka | 4800 - 5400 | Jul 2017 |
| Chennai | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Korattur | 7200 - 7700 | Jul 2017 |
| Madhavaram | 4100 - 4800 | Jul 2017 |
| Mevalurkuppam | 3400 - 4000 | Jul 2017 |
| Navallur | 4100 - 4500 | Jul 2017 |
| Perumbakkam | 3700 - 4200 | Jul 2017 |
| Ponneri | 2900 - 3400 | Jul 2017 |
| Sholinganallur | 4800 - 5200 | Jul 2017 |
| Singaperumal Koil | 3500 - 4000 | Jul 2017 |
| Vadapalani | 9000 - 9500 | Jul 2017 |
| West Tambaram | 3700 - 4200 | Jul 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 | Jul 2017 |
| Ahmedabad North | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Chandkheda | 2500 - 2800 | Jul 2017 |
| Gota | 2800 - 3100 | Jul 2017 |
| Motera | 3100 - 3300 | Jul 2017 |
| Ahmedabad South | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Changodar | 1600 - 1700 | Jul 2017 |
| Narolgam | 1500 - 1700 | Jul 2017 |
| Ahmedabad West | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Bopal | 3000 - 3300 | Jul 2017 |
| SG Highway | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Near Nirma University On SG Highway | 2900 - 3300 | Jul 2017 |
| Near Vaishno Devi Circle On SG Highway | 3200 - 3500 | Jul 2017 |
| Thaltej | 4500 - 4800 | Jul 2017 |
| Chandigarh | Capital Values Rate/Sq ft (INR) (min / max) |
Updated on |
|---|---|---|
| Dera Bassi | 2300 - 2700 | Jul 2017 |
| Pinjore | 3100 - 3900 | Jul 2017 |
| Sector 14 Panchkula | 4000 - 4500 | Jul 2017 |
| Sector 2 Panchkula | 3000 - 4000 | Jul 2017 |
| Sector 20 Panchkula | 4800 - 5200 | Jul 2017 |
| Sector 3 Panchkula | 3800 - 4200 | Jul 2017 |
| Shimlipur | 2100 - 2500 | Jul 2017 |
Proptiger.com price trend are based on asking rate and not necessarily on the transaction rate
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Property Terms
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.
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.
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.
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.
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.
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