Factors that influence the valuation of properties in India

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Factors that influence the valuation of properties in India

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Before buying a property, one should try to evaluate the property in every way possible. Always try to look at the rate of appreciation of the property after a number of years. Let's look at the factors that affect the rate of appreciation or valuation of property in India. – PowerPoint PPT presentation

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Title: Factors that influence the valuation of properties in India


1
Factors that influence the valuation of
properties in India
2
  • Before buying a property, one should try to
    evaluate the property in every way possible.
  • Always try to look at the rate of appreciation of
    the property after a number of years.
  • Let's look at the factors that affect the rate of
    appreciation or valuation of property in India.

3
Location
  • Location is the primary factor affecting the
    rate of valuation of properties in India.
  • Properties situated in industrial areas tend to
    have a higher rate of appreciation relative to
    properties located in suburban areas.
  • If your property is close to a major IT hub, it
    is obvious that rentals, demand and the price of
    your property are rising as people working nearby
    will have a desperate need to always rent or buy
    the property.
  • Properties located in the heart of the city,
    surrounded by good infrastructure, schools ,
    hospitals, markets, shopping centers are more
    expensive than properties in the coming and
    underdeveloped regions.

4
  • Where would you like to invest and what seems to
    earn you a double return is something you need to
    think about.
  • Talk to local property dealers, developers from a
    very developed part of the city and the area to
    come.
  • Compare the trend of property appreciation rates
    in both areas and then make a decision.

5
valuation of properties in
India
6
Connectivity
  • Connectivity is another big factor that affects
    the quality of properties in India.
  • Good infrastructure such as airport, metro,
    overflights and highways, if you're close to your
    home, you can expect to enjoy your home cost.
  • When planning to purchase properties in
    underdeveloped areas of the city, always research
    into the nearby infrastructure that has yet to be
    built.
  • If you invest in an underdeveloped area that has
    some great infrastructure plans over the next
    five years, you may be looking at a very high
    rate of appreciation for your property.

7
  • The standard of the construction of a particular
    property is very critical for the value of the
    land.
  • The content, the design, the construction, the
    architecture and the durability of the building
    all contribute to the value of the land.
  • In case you are buying property from one of the
    local builders, be very sure because you don't
    want to spend on repairs, etc.
  • due to the low quality of the construction that
    leads to a depreciation of your property rate.
  • Look at some of their previous projects, talk to
    customers, get input, and then make a decision.

8
Facilities
  • Popular amenities such as swimming pool , gym,
    parking, garden area and community center all add
    value to your house.
  • Urban buyers don't just look at the square foot
    area of the house anymore, they also want
    amenities that make their lives comfortable and
    comfortable.
  • Apparently, a property coupled with amenities
    will appreciate more than just a regular property
    with no amenities.
  • If you're looking at a property to live in
    yourself, it's obvious that the amenities will
    become important, but if you're only looking for
    a second investment in land, you may want to
    forgo the amenities if the infrastructure next to
    your land is fantastic.

9
Interiors and customization
  • Good interiors such as high quality woodwork, top
    quality bathroom fittings, superior quality paint
    and top flooring, etc.
  • add value to your property.
  • Some customers change their regular kitchens into
    modular kitchens, a closed living room is
    customized into an open living room with a dining
    area that clearly appreciates the value of the
    property.
  • The properties with personalized rooms or new
    fittings tend to grow at a higher pace than the
    standard properties.
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