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How do I value a property in Bangalore?

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  Generally a property valuation consist of cost + interest + appreciation + margin + tax A property in Bangalore is valued on the following parameters, Government guidance value Location Water source, STP, electricity supply, water harvest, and road Size of the property Brand of an apartment (in case property is in a gated community) Number of bedrooms, washrooms, balcony, and car parking Additional interior and exterior fitting Main door facing and vasthu Property age and material of consultation Direct sunlight and ventilation into the property Connectivity (to school, college, market, metro, railway, bus stand, and airport) Municipality limit (Ex: Property under BBMP limit are valued more) Khata type (Ex: A Khata property valued more) First and foremost, it's important to understand the government guidance value for your property. The government guidance value is available at the information center of the respective sub-registrar office or Kaveri Online service. Below is the st

What are the steps involved when selling property in India?

  Here is the step-by-step procedure to sell a property in India. Step 1: (Property valuation)  It's very important to valuate a property to decide the right selling price. Valuating the property saves you from a lifetime regret of having the property sold at a lesser rate. To valuate a property, understand the market value of your property, also known as guidance value/ government value/ circle rate, which is decided by revenue department of your area. One can get the market value from the information centre of your area revenue office. For example: In Bangalore, the market rate information available in the respective sub-registrar office and Kaveri Online services. Based on the market value and other following parameters of your property, Decide your selling price. Market value Location (Ex. Close to metro, market, school, etc..) Demand Size of the property Additional interior fittings (Ex: modular kitchen, wardrobes, special flooring, number of washrooms, terrace garden, etc.) G