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- Is there anyone to throw some light on that?CommentQuote0Flag
- Originally Posted by sudeshna sahaIs there anyone to throw some light on that?
Ideally, the standard practice is to find out the prevailing land cost (per sft) of the locality. Then multiply it with your undivided share (xyz sft) allocated to you in the building. That is the only thing that appreciates. The construction cost gets depreciated and it depends on many factors. You may try to calculate it between 700-1000 per sft and sum it with undivided share land cost to arrive at sale price. You may add few lakhs extra to it for negotiation purpose. Also, find out the prevailing re-sale price in the locality from property website if that data is available. Good luck !CommentQuote0Flag