5 Factors That Affect Valuation of Property in India

Property Features

Adherence to vastu shastra (the orientation of the property, the direction, the view and level of the house), proximity to road junctions and high-tension cables, quality and standard of building management can either make or break the reputation and value of the building.

Sources of Funds

Availability of monetary resources widens the customer base that in turn creates higher demand and ultimately resulting in increased valuation. Majority of the population depend on home loans provided by the bank in order to buy a plot but the availability of the same is dependent on various factors like the type of property (non-converted or revenue site), commercial area or residential area.

General Economic conditions

In a stable environment, there is scope for overall development that translates into property appreciation.  Where as an unstable economic environment hit by recessions can spiral property value on a downward path.

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