Online Property Valuation

Professional valuers use three approaches. The comparable sales method benchmarks recently registered transactions of similar properties nearby and is the standard for residential resale. The income method values the property on the rent it can generate, and is used mainly for commercial assets. The cost method estimates land value plus construction cost less depreciation, and is used for unusual properties with few comparables. This tool applies a rate-card version of the comparable sales method, starting from prevailing rates in your micro-market and adjusting for your property's specific characteristics.

The circle rate is the government-notified minimum value at which a property may be registered, and exists to set a floor for stamp duty. The market rate is what buyers actually pay. Across most of NCR the market rate runs 10–40% above the circle rate. Where the circle rate happens to exceed the market rate, stamp duty is still charged on the higher circle rate, and the difference may be taxed as income in the buyer's hands under Section 56(2) of the Income Tax Act.

For a standard apartment in an established locality, a well-built rate-card estimate typically lands within 8–12% of the eventual transaction price, which is why we publish a range rather than a single figure. Accuracy falls for unusual properties — independent houses, plots with irregular shapes, properties with legal complications, or units in projects with very few recent transactions. It is a strong starting point, not a substitute for a valuer walking the property.

No, and no online tool's figure will be. Every bank instructs its own empanelled valuer and lends against that report, partly to manage its own risk and partly because regulation requires it. Use this estimate to understand whether the price you are discussing is reasonable before you apply. If the bank's valuation comes in materially below your agreed price, you will need to fund the gap yourself, so knowing the likely range in advance is genuinely useful.

Floor level, facing, view, corner position, the specific unit layout, whether it is park-facing or road-facing, the condition of the interiors, how urgently the seller needs to sell, and whether the paperwork is complete. Within a single NCR tower, a 15–20% spread between the best and worst unit is entirely normal. A high-floor, park-facing, corner unit with a valid occupancy certificate and no dues will always command a premium over a second-floor unit facing the service road.

Yes, and measurably. In NCR high-rises, each floor typically adds around 1–2% up to roughly the fifteenth level, reflecting better light, less noise and better views. Ground floors usually trade at a small discount for privacy and security reasons, though they can command a premium where a private garden or direct access is attached. Top floors often trade slightly lower because of heat and terrace seepage risk, unless the terrace rights come with the unit.

Rental yield is annual rent expressed as a percentage of property value. A flat worth ₹1 crore that rents for ₹30,000 a month yields 3.6% gross. In NCR, residential yields typically run 2.4–4.1%, with the higher end in Ghaziabad, Indirapuram and Noida Extension and the lower end in premium Gurugram and South Delhi. Commercial property yields considerably more at 6–8%. These are gross figures — after maintenance, property tax and vacancy, net yield is usually 0.8–1.2 percentage points lower.

The building depreciates but the land does not, and in a strong location the land component dominates. A thirty-year-old flat in a prime Delhi colony may be worth far more than a new flat in a distant suburb. What genuinely destroys value in older buildings is deferred maintenance, absent or lapsed documentation, structural problems, and lifts or plumbing at the end of their life. A well-maintained older building in a good location holds value remarkably well.

Once a year is sufficient for tracking net worth in a stable market. Revalue more often if you are actively considering a sale, if a major infrastructure announcement affects your corridor, or if a large project in your locality has just received its occupancy certificate. Owners in the Jewar airport corridor and the Yamuna Expressway sectors should check more frequently — those markets have moved considerably faster than annual estimates can keep up with.

In the NCR resale market it genuinely does, whatever one's personal view of the subject. A meaningful share of buyers will either reject a property outright over a major Vastu defect or use it as a negotiating lever. An east or north-facing entrance is the most commonly requested feature and can support a 2–5% premium. A south-west entrance with a kitchen in the north-east will narrow your buyer pool. Our Vastu Calculator will score your property across ten zones if you want to understand how it presents.