Property Valuation Calculator 2023

The Ultimate Guide to Property Valuation Calculation Methods
 

90% of millionaires became wealthy through real estate - Andrew Carnegie, Billionaire Industrialist of the 19th century.

The people making wealth through real estate know one super SKILL that makes them filthy rich.

They know how to calculate the value of a property so that they can buy and sell their properties at the right price to maximize their profits.

Do you know that 91% of real estate owners do not know how to calculate the value of their property? Are you one among them? Let’s find out.
 

There are 3 methods to value a property.

1: Sales Comparison Method of Valuation

2: Land and Building Method of Valuation

3: Rental method of Valuation
 

Method 1: Sales Comparison Method (SCM)

Sales Comparison Method is a method of valuation that compares one property to comparables or similar properties sold in that area recently.

Understanding the Sales Comparison Method

The Sales Comparison Method helps a Home Buyer or Seller determine whether the property's price is fair and comparable to the market.

Real Estate Investors and Valuers use similar properties that were recently sold within a short distance of the subject property—usually in the same neighbourhood—that share similar characteristics as a comparison.

If the subject property lacks a given feature found in the comparable property, the price is adjusted downwards according to the value attributed to a given feature.

Consequently, if the property comes with a valuable feature not found in the comparable property, the value is adjusted upwards accordingly.

It is done until a final figure is arrived at after the comparison of at least three recently sold and similar properties.
 

The 5 factors to consider for Sales Comparison Method:

1. Location and Neighborhood

Location directly impacts the value of the property.

It's important to compare homes in the same neighbourhood rather than those found in another part of the city.

Factors considered include proximity to schools, nearby lakes, children's parks, how close they are to highways and hospitals etc.

2. Just Sold Properties

Recently Sold properties provide a guiding point for the value of the homes in the neighborhood.

Although the price may vary depending on the features of the subject property the recent sale transactions in the same neighborhood give us a good guiding point.

3. Size of the Property

The comparison should include comparing properties with the same no of bedrooms built on a similar size parcel of land.

4. Age/Condition

While using Sales Comparison method it is essential to compare properties with similar ages and conditions.

The Condition of the property may significantly impact the valuation.

For example, If there are 2 properties in the same society but one of them needs significant repairs, it can seriously affect its value.

5. Average Price per Square yard or Square foot

Once you have data of similar homes and it is compiled, take each of the home's sale prices and divide them by their square feet or square yards.

The result will give you the cost per square foot/yard based on the features in the sales comparison method.

Take the average cost per square foot/yard for all comparable properties and multiply that number by the square foot/yard of the home to be valued.

Sales Comparison methods are used in the valuation of Flats, Apartments, Shops, Offices, and Penthouse.

Calculative Example of Sales Comparison Method of Valuation

Imagines if Mr Rohan is looking to sell his 13-year-old 2 BHK Apartment in a Satellite Area, Ahmedabad of saying a Builtup area of 1350 sq. feet.

As per Sales Comparison Method, assuming the Average Price Per Square Foot for a 13-year-old apartment in a Satellite area, Ahmedabad is Rs 5000 per sq. foot.

Valuation of Property as per SCM = Average price per square feet x Builtup Area of property.

Property Value = 5000 x 1350 = Rs. 67,50,000/-

So, if you are a home buyer and want to purchase Rohan’s property in the Satellite area, Ahmedabad you know what price to offer to Rohan.
 

Summary:

• A Sales comparison method is one of the 3 methods used for the valuation of a property. In this method, we compare the subject property to similar ones recently sold in the neighborhood.
   
• The Sales comparison method is used as the benchmark for the comparative market analysis.
   
• At least 3 recently sold and similar properties data should be used when determining the market value of the subject property using the Sales comparison method.
   
• The 5 major factors that make up the Sales comparison method include location, recently sold properties, features, age and condition, and average price per square foot/yard.
   
• So now while buying or selling a property do take the help of this SCM method to maximize your profits.

You can check your property value for free using our Property Valuation Calculator.

Note: Cleardeals Property valuation calculator is valid for Ahmedabad, Gandhinagar, Vadodara and Surat City only. We will be adding data from other cities soon.
 

Method 2: Land and Building Method

Land and Building Method is a method of valuation that considers both the value of land and the cost of construction.

The land and Building method of valuation are used in valuing Bungalows, tenements, Rowhouses, Hospitals, Hotels etc.

It is used for real estate properties which include individual land and a constructed structure upon it.
 

Understanding the Land and Building Method of Valuation

The Land and Building method of valuation helps a Property Buyer or Seller determine the market value of properties like Bungalows, Hotels, hospitals etc.

In the Land and Building method, the value of land and building are assessed separately.
 

Value of Land: The value of land is calculated based on the comparative sales method we learned above.

In the case of calculating the land value, the price of the sale of the land parcels in recent times in the neighbourhood is studied.

Noting the unit rate fetched in those sale instances, adjustments are made for escalation due to the time gap between the date on which the sale of the instance property occurred and the date on which the valuation of the subject property is required.

Adjustment is also made for differences in other characteristics between the sale instance property and the subject property.

With the unit rate so modified, the value of the subject land is assessed.
 

The factors that may affect the value of land are

1) Use to which the plot of land can be put as per the local bye-laws.

Commercial Zone land parcels have a high value compared to Resident Zone land parcels in the same vicinity.

2) Shape, size, location etc. of the plot.

Shape: Square and Rectangle shape plots are best suited for architectural planning compared to triangle or odd shape plots, hence the former demand a higher value.

Size: If the plot size is too large it may fetch comparatively less unit rate than the medium or smaller plots due to less affordability of very big size plots.

Location: 2 road corner plots have a higher value than the single road entry plots. Similarly, Main road plots fetch higher value than internally located plots.

3) Social status of the colony in which the plot of land is located.

The value of the land in a neighbourhood is higher where the community has a higher per capita income.

4) Accessibility and proximity to the public transport system and other amenities.

The land parcels that are near public transport and other amenities like parks and lakes fetch a higher value.

Some other factors that may affect the land value are the Effect of local bye-laws and regulations, Demand for land,  Nature of holding, namely leasehold and or freehold, and Restrictions on the land, if any, on sale.
 

Cost of Building

The basic aim here is to estimate the cost of construction of the building structure on the date of valuation.

In other words, we can say estimating the replacement cost of the structure.

In working out the replacement cost, it has to be ensured that the cost is assessed for a structure of similar utility and not necessarily identical structure.

The replacement cost gives the amount which will be required for the construction of a building of similar utility.

The buildings depreciate as they become older. In order to give a correct assessment of the value of the structures, it is necessary to work out the depreciation that has set in due to the age of the building.

Different types of structures may have different costs of construction as per the type of structure and the materials used.

As of the year 2022, the cost of construction for a residential bungalow comes to around Rs. 1700 to Rs. 2000 per sq. feet.

Consider a building with a life of 80 years, if well maintained, the following table shows the depreciation with the age of the building:

The final 10% is the scrap value on the dismantling at the end of the utility period.

Calculative Example of Land and Building method of Valuation

Imagine if Mr Mohit is looking to sell his 5-year-old 3 BHK Bungalow in Bopal Area, Ahmedabad.

The Bungalow has a plot/land area of 1800 sq. feet and a construction built-up area of say 2000 sq. feet.
 

Value of Land:

As per Sales Comparison Method, assuming the Average Price Per Square Foot for land in Bopal Area, Ahmedabad as Rs 6000 per sq. feet.

Valuation of Land as per SCM = Average price per square feet x Land Area of property.

Land Value = 6000 x 1800 = Rs. 1,08,00,000/-
 

Cost of Construction:

As of 2022, the approximate cost of construction of 1 sq. foot of the bungalow is Rs. 1700 to Rs. 2000 per sq. feet.

The construction built-up area of the above bungalow is assumed to be 2000 sq. feet.

Cost of construction = Builtup area x Cost of construction

Building Value = 2000 x 1700 = Rs. 34,00,000/-

Total Value as per Land and Building Method of the above property:

Cost of land + Cost of Construction

Rs 1,08,000 + Rs 34,00,000 = Rs. 1,42,00,000/-

So the total value of the Bungalow comes at around Rs. 1.42 Crores.

So, if you are a home buyer and want to purchase Mohit’s Bungalow in the Bopal area, Ahmedabad you know what price to offer to Mohit.

Note: The Cost of construction may vary depending upon the type of structure. For Hospitals and Hotels, the cost of construction will be high compared to the residential structure.
 

Summary of Land and Building method of Valuation

• The Land and Building method are one of the 3 major methods used for the valuation of a property.
   
• In this method, we calculate the value of land and construction separately and add up both to determine the total value of the property.
   
• The Land and Building method is the most widely used method of valuation all over the world.
   
• While Calculating the value of the land at least 3 recently sold and similar land data should be used when determining the market value of the subject land using the Sales comparison method.
   
• The age of the subject property may affect the replacement cost of construction. The older the building the lesser will be the building replacement cost. 
   
• So now while buying or selling a property do take the help of this Land and Building method to maximize your profits.

 You can check your property value for free using our Property Valuation Calculator.

Note: Cleardeals Property valuation calculator is valid for Ahmedabad, Gandhinagar, Vadodara and Surat City only. Will be adding data from other cities soon.
 

Method 3: Rental method of valuation

In this method, net rental income from the building is calculated by deducting all the outgoings from gross rent.

The year’s purchase (Y.P.) value is calculated by assuming a suitable rate of interest prevailing in the market.

Years purchase (Y.P.) is the amount that is yielded by the annual income of property; - used in expressing the value of a thing in the number of years required for its income to yield its purchase price, in reckoning the amount to be paid for annuities, etc.

The annual net rental income multiplied by the year’s purchase gives the capitalized value or the valuation of the property.

This method is used only when the rent is known or probable rent is determined by enquiries.
 

Rental method calculation for Residential Properties

For example, for residential properties in India we can consider a rate of interest as 3%, the Year’s Purchase = 100/3 = 33 years.

Assuming Mr Raju has a 2 BHK Apartment in the Navrangpura area of Ahmedabad fetching him a net annual rental income of say Rs 1,80,000/-

Then as per the rental method of valuation, the valuation of property = net annual rent x years purchase.

In this case the property valuation = 180000 x 33 = Rs. 59,40,000/-
 

Rental method calculation for Commercial Properties

For example, for commercial properties in India we can consider a rate of interest as 6%, the Year’s Purchase = 100/6 = 16 years.

Assuming Mr Virat has an Office in the Thaltej area of Ahmedabad fetching him a net annual rental income of say Rs 3,00,000/-

Then as per the rental method of valuation, the valuation of property = net annual rent x years purchase.

In this case the property valuation = 300000 x 16 = Rs. 48,00,000/-

You can observe that the Years purchase (Y.P.) in residential property is more than commercial properties.

Hence, for rental income people prefer investing in commercial properties over residential properties in India.
 

Summary of Rental method of Valuation:

• The rental method is one of the 3 major methods used for the valuation of a property. In this method, we calculate the valuation of the year's purchase and the net annual income from the property.
   
• The rental method is preferable where you know the year's purchase value of the neighbourhood.
   
• In India, for residential properties, the year’s purchase value is 33 whereas, in commercial properties, the year’s purchase value is 16. The year’s purchase value may vary a bit with different locations.
   
• The Lower the year’s purchase is a good sign of investing in the property for rental income.
   
• So if you are buying a property for rental income check on the year’s purchase value and decide accordingly to maximize your profits.

You can check your property value for free using our Property Valuation Calculator.

Note: Cleardeals Property valuation calculator is valid for Ahmedabad, Gandhinagar, Vadodara and Surat City only. We will be adding data from other cities soon.

Conclusion

To make wealth through real estate it is necessary that you buy and sell the properties at the right price.

The 3 methods of property valuation as explained above will help you to know the right price of any property with some research on your part.

Try calculating the valuation of your own property with the help of the above methods and see at what value you arrive at. Is it the same as your expectations?

I hope the above article may have helped you to know the importance and methods of property valuation.

Have you tried any of the valuation methods before? What are other suggestions you would like to add for knowing the valuation of the property?

 

Property Rates in Ahmedabad, Gujarat

Latest Property Price for Flats and Apartments in Ahmedabad.

Sr. No	Area	Price (Min.) Rs./sq.ft	Price (Max.) Rs./sq.ft
1	Adalaj	3200.00	3500.00
2	Airport Road/Circle	4000.00	5000.00
3	Ambawadi	5150.00	6500.00
4	Ambli	6300.00	8000.00
5	Ambli-Bopal Road	6300.00	8200.00
6	Amraiwadi	3800.00	4200.00
7	Anand Nagar Satellite	4400.00	5500.00
8	Asarwa	2500.00	3500.00
9	Ashram Road	5000.00	6000.00
10	Aslali	5000.00	6000.00
11	Bakrol	1300.00	1600.00
12	Bapunagar	2200.00	3000.00
13	Barejadi	3000.00	3500.00
14	Bavla	4500.00	5000.00
15	Behrampura	3800.00	3500.00
16	Bhadaj	3000.00	3500.00
17	Bhat	3000.00	3500.00
18	Bhuyangdev	5000.00	5500.00
19	Bodakdev	5200.00	7000.00
20	Bopal	3400.00	4800.00
21	C.G. Road Navrangpura	5100.00	7000.00
22	Chanakyapuri Ghatlodia	3000.00	4350.00
23	Chandkheda	2850.00	3800.00
24	Chandlodia	3000.00	4000.00
25	Chandranagar	4300.00	5000.00
26	Changodar	1800.00	2200.00
27	Charodi S.G. Highway	3500.00	4500.00
28	Chittavan S.G. Highway	4000.00	4600.00
29	Corporate Road	5250.00	5800.00
30	CTM	2500.00	3250.00
31	Dariyapur	5000.00	6000.00
32	Devnagar Gota	3500.00	4200.00
33	Dholera	5000.00	6000.00
34	Dholka	5000.00	5500.00
35	Drive In Road	4300.00	6300.00
36	Ellisbridge	5200.00	5500.00
37	Geeta Mandir	5000.00	6000.00
38	Ghatlodia	3800.00	5000.00
39	Gheekanta	5000.00	6000.00
40	Ghodasar	2800.00	3250.00
41	Ghuma	3400.00	4100.00
42	Gift City	4500.00	5000.00
43	Godhavi	3100.00	3700.00
44	Gota	3450.00	4500.00
45	Gurukul	4000.00	6000.00
46	Hansol	3500.00	4500.00
47	Hanspura	2040.00	2600.00
48	Hathijan	1700.00	2000.00
49	Hatkeshwar	3800.00	4200.00
50	IIM Road Vastrapur	5000.00	6500.00
51	Isanpur	3000.00	3800.00
52	Iscon-Ambli Road	7000.00	8500.00
53	Jagatpur Gota	3500.00	4400.00
54	Jashoda Nagar	3000.00	3500.00
55	Jivraj Park	3300.00	4700.00
56	Jodhpur Satellite	4800.00	6500.00
57	Kalupur	2500.00	3000.00
58	Kankaria	4300.00	5500.00
59	Kasindra	2200.00	2700.00
60	Kathwada GIDC	1500.00	2500.00
61	Khadia	5000.00	6000.00
62	Khadia	2500.00	3000.00
63	Khokhara	2500.00	4200.00
64	Koteshwar	3200.00	3800.00
65	Kubernagar	2200.00	2500.00
66	Lambha	2000.00	2500.00
67	Makarba	3850.00	4700.00
68	Manek Chowk	5000.00	6000.00
69	Maninagar	3600.00	5200.00
70	Maninagar East	3100.00	4250.00
71	Maninagar West	4250.00	5350.00
72	Manipur	3100.00	3750.00
73	Meghaninagar	5000.00	5500.00
74	Memnagar	4500.00	6000.00
75	Mithakhali	5000.00	6700.00
76	Motera	3600.00	4300.00
77	Nana Chiloda	2500.00	2700.00
78	Naranpura	4100.00	6000.00
79	Naroda	2200.00	2800.00
80	Narol	1870.00	2300.00
81	Narolgam	1870.00	2250.00
82	Nava Naroda	2100.00	2750.00
83	Nava Vadaj	3100.00	4100.00
84	Navrangpura	5000.00	6700.00
85	Nehru Nagar Ambawadi	5300.00	6400.00
86	New CG Road	3400.00	4000.00
87	New India Colony	2450.00	3000.00
88	New Maninagar	2100.00	3250.00
89	New Ranip	2800.00	3800.00
90	Nigam Nagar Chandkheda	2900.00	3800.00
91	Nikol	2900.00	3500.00
92	Nikol - Naroda Road	2500.00	3350.00
93	Nirma University S.G. Highway	3600.00	5000.00
94	Nirnay Nagar	3100.00	3700.00
95	Nobal Nagar	2000.00	2300.00
96	Odhav	2000.00	2250.00
97	Ognaj	4500.00	5000.00
98	Old Vadaj	2000.00	2500.00
99	Paldi	4200.00	6000.00
100	Prahlad Nagar	4800.00	6800.00
101	Prahlad Nagar Extension	3850.00	5600.00
102	Prernatirth Derasar Road Satellite	4800.00	6000.00
103	Pushpkunj kankaria	4200.00	5500.00
104	Raipur	1800.00	2100.00
105	Rakhial	3000.00	4500.00
106	Ramdev Nagar Satellite	4400.00	6300.00
107	Ramol	2300.00	2700.00
108	Rancharda	1500.00	1600.00
109	Ranip	2500.00	3400.00
110	RTO Circle Chandkheda	2600.00	3850.00
111	Sabarmati	2700.00	3300.00
112	Sanand	3300.00	4750.00
113	Sanathal	3000.00	3500.00
114	Santej	5000.00	6000.00
115	Saraspur	2500.00	3300.00
116	Sardar Patel Ring Road	3000.00	4200.00
117	Sardarnagar	5000.00	5500.00
118	Sarkhej	2600.00	3000.00
119	Satellite	4800.00	6300.00
120	Science City	5000.00	6500.00
121	SG Highway	6000.00	6500.00
122	Shahibaug	5500.00	7000.00
123	Shahpur	4500.00	5000.00
124	Shela	3500.00	4350.00
125	Shilaj	3600.00	4500.00
126	Shyamal Cross Road Satellite	4800.00	6400.00
127	Sola	4400.00	5850.00
128	South Bopal	3500.00	4650.00
129	Subhash Bridge	2500.00	3500.00
130	Subhash Bridge	5000.00	5500.00
131	Sughad	2500.00	3200.00
132	Tapovan Circle	2600.00	3750.00
133	Thaltej	4600.00	6500.00
134	Thaltej-Shilaj Road	4500.00	6400.00
135	Tragad	3200.00	3500.00
136	Usmanpura	4500.00	6500.00
137	Vadsar	3100.00	3500.00
138	Vaishnodevi	3500.00	4500.00
139	Vasna	3300.00	4600.00
140	Vastral	2700.00	3300.00
141	Vastrapur	4700.00	6500.00
142	Vatva	2000.00	2800.00
143	Vejalpur	3700.00	4500.00
144	Vinzol	1900.00	2300.00
145	Zundal	2900.00	3600.00
146	Zundal Bridge	3500.00	4500.00

Property Rates in Gandhinagar, Gujarat

Latest Property Price for Flats and Apartments in Gandhinagar.

Sr. No	Area	Price (Min.) Rs./sq.ft	Price (Max.) Rs./sq.ft
1	Alampur	5000.00	6000.00
2	Chhatral	3500.00	4000.00
3	Dahegam	3000.00	3500.00
4	Gift City	5000.00	5500.00
5	Infocity	2500.00	3000.00
6	Kalol	2700.00	3200.00
7	Koba	3200.00	3400.00
8	Kudasan	3100.00	3600.00
9	Mahudi	3000.00	3500.00
10	Mansa	2500.00	3000.00
11	Mota Chiloda	2000.00	2500.00
12	Pethapur	2700.00	3200.00
13	Pundara	5000.00	6000.00
14	Randesan	3400.00	3600.00
15	Randheja	2200.00	2500.00
16	Raysan	3500.00	4000.00
17	Sargasan	3300.00	3600.00
18	Sector 15	5000.00	5500.00
19	Sector 21	4000.00	4500.00
20	Sector 22	6000.00	6500.00
21	Sector 23	5000.00	6000.00
22	Sector 25	500.00	6000.00
23	Sector 26	3500.00	5000.00
24	Sector 27	4500.00	5000.00
25	Sector 28	4500.00	5000.00
26	Sector 29	3800.00	4200.00
27	Sector 30	3800.00	4200.00
28	Sector 6B	3000.00	3500.00
29	Sector 7B	2700.00	2900.00
30	Sugad	2500.00	2800.00
31	Uvarsad	3200.00	3400.00
32	Vadsar	3100.00	3500.00
33	Vavol	2200.00	2400.00

Property Rates in Vadodara, Gujarat

Latest Property Price for Flats and Apartments in Vadodara.

Sr. No	Area	Price (Min.) Rs./sq.ft	Price (Max.) Rs./sq.ft
1	Ajwa Road	2150.00	3500.00
2	Akota	3600.00	8000.00
3	Alamgir	1600.00	1800.00
4	Alkapuri	4100.00	12500.00
5	Atladra	2250.00	3250.00
6	Babajipura	3800.00	5700.00
7	Bahucharaji Road	3000.00	3500.00
8	Bajwa	1000.00	1200.00
9	BamanGam	2100.00	2300.00
10	Bapod	2500.00	3000.00
11	Baranpura	3800.00	4300.00
12	Bhayli	2400.00	3150.00
13	Bill	1800.00	2200.00
14	BPC Road	4600.00	8000.00
15	Chhani	2250.00	3750.00
16	Chhani Jakat Naka	2550.00	3300.00
17	Dabhoi Road	2000.00	3000.00
18	Dandia Bazaar	2200.00	5500.00
19	Dashrath	1800.00	2200.00
20	Diwalipura	2900.00	5000.00
21	Elora Park	3100.00	5000.00
22	Fatehgunj	2950.00	5000.00
23	Fatehpura	1900.00	2400.00
24	Gorwa	2250.00	3500.00
25	Gotri	2500.00	3000.00
26	Gotri Road	2500.00	3000.00
27	Halol	750.00	2000.00
28	Hari Nagar	2500.00	3000.00
29	Harni	2600.00	4000.00
30	Jambuwa	1800.00	2500.00
31	Kalali	2000.00	2750.00
32	Karadiya	1600.00	1800.00
33	Kareli Bagh	2600.00	7500.00
34	Kendranagar	1500.00	2000.00
35	Kevdabaug	1600.00	1800.00
36	Khatamba	1200.00	1600.00
37	Khodiyar Nagar	2350.00	3200.00
38	Laxmipura	2900.00	3500.00
39	Madhavpura	1400.00	1800.00
40	Mahmadpura	3700.00	4000.00
41	Makarpura	2050.00	3500.00
42	Maneja	2100.00	2500.00
43	Manjalpur	2700.00	7500.00
44	Manjusar	1200.00	1500.00
45	Navapura	2200.00	2500.00
46	New Alkapuri	2850.00	3200.00
47	New Karelibaug	2400.00	3000.00
48	New Sama	2500.00	3200.00
49	New Sama Road	2600.00	3000.00
50	New VIP Road	2250.00	3000.00
51	New Waghodia	2200.00	2600.00
52	Nizampura	2850.00	5500.00
53	Old Padra Road	2950.00	7500.00
54	Padra	2200.00	3000.00
55	Panigate	2100.00	2600.00
56	Pratapnagar Railway	2700.00	3000.00
57	Pratham Upvan	2200.00	2500.00
58	Productivity Road	2700.00	6500.00
59	Race Course Circle	3250.00	10000.00
60	Ranoli	1600.00	1800.00
61	RV Desai Road	2400.00	3500.00
62	Sama	2800.00	4000.00
63	Sama Savli Road	2500.00	3100.00
64	Samta	2700.00	2900.00
65	Sayajigunj	2450.00	4000.00
66	Sayajipura	2150.00	2600.00
67	Sevasi	2150.00	2700.00
68	Sindhunagar	1000.00	1200.00
69	Soma Talav	2100.00	2850.00
70	Subhanpura	2700.00	6500.00
71	Sultanpura	1800.00	2200.00
72	Sundarpura	5000.00	6000.00
73	Sunpharma Road	2300.00	3000.00
74	Tandalja	2850.00	3500.00
75	Tarsali	2150.00	3000.00
76	Undera	1450.00	2500.00
77	Vadsar	5000.00	5500.00
78	Vadsar	2150.00	2600.00
79	Vasant Vihar	3450.00	4100.00
80	Vasna Road	2850.00	5500.00
81	Vasna-Bhayli-Road	2600.00	3360.00
82	Vemali	2400.00	3000.00
83	Wadi	1500.00	1800.00
84	Waghodia	2350.00	2850.00
85	Waghodia Dabhoi Road	2000.00	2600.00
86	Waghodia Road	2250.00	2650.00
87	Warsiya	3600.00	5500.00

Property Rates in Surat, Gujarat

Latest Property Price for Flats and Apartments in Surat.

Sr. No	Area	Price (Min.) Rs./sq.ft	Price (Max.) Rs./sq.ft
1		2300.00	2650.00
2	Adajan	3200.00	4500.00
3	Althan	2800.00	3800.00
4	Amroli	1800.00	2500.00
5	Area Name	0.00	0.00
6	Ashwini Kumar Road	2350.00	2700.00
7	Athawa Lines	3500.00	4500.00
8	Bardoli	1300.00	1600.00
9	Bhatar Road	3100.00	4000.00
10	Bhatha	2700.00	3200.00
11	Bhestan	1500.00	2500.00
12	Bhimrad	3000.00	4500.00
13	Bombay Market	2500.00	3500.00
14	Citylight Area	3800.00	4600.00
15	Dahej-Bharuch	1300.00	1700.00
16	Dahin Nagar	2700.00	3400.00
17	Dindoli	1700.00	2400.00
18	Dumach Road	2700.00	3400.00
19	Garib Niwas Nagar	0.00	0.00
20	Gohod Dor Oad	3500.00	4500.00
21	Hajira	1400.00	1800.00
22	Jahangirabad	2000.00	3000.00
23	Jahangirpura	2000.00	3000.00
24	Kamrej	1700.00	2300.00
25	Kapodra	2700.00	3500.00
26	Katar Gam	2500.00	4000.00
27	Kosamba	2500.00	2700.00
28	Mahidhar Pur	2200.00	3100.00
29	Majura Gate	2500.00	3200.00
30	Mota Varachha	2800.00	4500.00
31	Mughal Sarai	1900.00	3000.00
32	Nana Varachha	2600.00	3500.00
33	NanPura	2200.00	3000.00
34	NavSari Bazar	2000.00	2500.00
35	New citylight	3800.00	5150.00
36	Olpad	1400.00	1800.00
37	Pal	3200.00	4500.00
38	Pal Gam	3200.00	4500.00
39	Palanpur	2600.00	3500.00
40	Palanpur Gam	2600.00	3500.00
41	Palanpur Patiya	2600.00	3300.00
42	Palsana	1300.00	1700.00
43	Parley Point	3500.00	5500.00
44	Parvat Patia Gaon	2000.00	3000.00
45	Piplod	4000.00	5000.00
46	Ranchor Nagar	2300.00	2800.00
47	Rander	2000.00	3000.00
48	Sachin	1300.00	1500.00
49	Timaliya Wad	2400.00	3600.00
50	Udhna	2500.00	4000.00
51	Valak	1800.00	3000.00
52	Vankala	1300.00	1700.00
53	Varachha	2400.00	3300.00
54	Vesu	3500.00	6000.00
55	VIP Road Vesu	3500.00	5500.00

Land Rates in Ahmedabad, Gujarat.

Sr. No	Area Name	Land Prices (Rs per sq.yard)
1		75000.00
2	Ambawadi	95000.00
3	Ambli	110000.00
4	Ambli-Bopal Road	140000.00
5	Amraiwadi	40000.00
6	Anand Nagar, Satellite	100000.00
7	Ashram Road	100000.00
8	Bapunagar	45000.00
9	Bhudarpura, Ambawadi	60000.00
10	Bhuyangdev, Memnagar	90000.00
11	Bodakdev	110000.00
12	Bopal	55000.00
13	C.G. Road, Navrangpura	110000.00
14	Chanakyapuri, Ghatlodia	75000.00
15	Chandkheda	70000.00
16	Chandlodia	80000.00
17	Chanod	45000.00
18	Charodi, S.G. Highway	60000.00
19	Chittavan, S.G. Highway	70000.00
20	Corporate Road	90000.00
21	Devnagar, Gota	65000.00
22	Drive In Road	100000.00
23	Ghatlodia	75000.00
24	Ghodasar	60000.00
25	Ghuma	40000.00
26	Gift City	60000.00
27	Gota	80000.00
28	Gurukul	90000.00
29	Hansol	65000.00
30	Hanspura	45000.00
31	Hathijan	40000.00
32	Hatkeshwar	55000.00
33	IIM Road, Vastrapur	120000.00
34	Isanpur	55000.00
35	Iscon-Ambli Road	110000.00
36	Jagatpur, Gota	80000.00
37	Jivraj Park	70000.00
38	Jodhpur, Satellite	100000.00
39	Kaligam, Ranip	60000.00
40	Kankaria	80000.00
41	Khokhara	55000.00
42	Koteshwar	75000.00
43	Krishnanagar, Naroda	65000.00
44	Makarba	75000.00
45	Maninagar	90000.00
46	Maninagar East	55000.00
47	Maninagar West	90000.00
48	Memnagar, Gurukul	90000.00
49	Motera	80000.00
50	Naranpura	95000.00
51	Naroda	45000.00
52	Narol	35000.00
53	Narolgam	35000.00
54	Nava Naroda	60000.00
55	Nava Vadaj	50000.00
56	Navrangpura	100000.00
57	Nehru Nagar, Ambawadi	100000.00
58	New CG Road, Chandkheda	70000.00
59	New India Colony	60000.00
60	New Maninagar	60000.00
61	New Ranip	60000.00
62	New Vasna	70000.00
63	Nigam Nagar, Chandkheda	70000.00
64	Nikol	60000.00
65	Nikol - Naroda Road	55000.00
66	Nirma University, S.G. Highway	85000.00
67	Nirnay Nagar	60000.00
68	Odhav	35000.00
69	Paldi	95000.00
70	Prahlad Nagar	130000.00
71	Prahlad Nagar Extension	95000.00
72	Prernatirth Derasar Road, Satellite	100000.00
73	Pushpkunj, kankaria	90000.00
74	Ramdev Nagar, Satellite	100000.00
75	Ranip	65000.00
76	RTO Circle, Chandkheda	75000.00
77	Sabarmati, Chandkheda	70000.00
78	Sanand - Sarkhej Rd	55000.00
79	Sanathal Chokdi, South Bopal	70000.00
80	Saraspur	25000.00
81	Sardar Patel Ring Road	70000.00
82	Sarkhej	50000.00
83	Satadhar, Thaltej	120000.00
84	Satellite	100000.00
85	Science City	125000.00
86	SG Highway	120000.00
87	Shahibaug	130000.00
88	Shela	70000.00
89	Shilaj	85000.00
90	Shyamal Cross Road, Satellite	95000.00
91	Sola	95000.00
92	South Bopal	75000.00
93	Tapovan Circle	60000.00
94	Thaltej	150000.00
95	Thaltej-Shilaj Road	150000.00
96	Tragad	65000.00
97	Usmanpura	100000.00
98	Vadsar	20000.00
99	Vaishnodevi Circle, S.G. Highway	70000.00
100	Vasna	70000.00
101	Vastral	65000.00
102	Vastrapur	110000.00
103	Vatva	35000.00
104	Vejalpur	70000.00
105	Vinzol	40000.00
106	Zundal	50000.00
107	Zydus Hospital Road, Thaltej	135000.00

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