How to calculate resale value of flat in Bangalore?

To calculate apartment resale value in Bangalore, one must consider various factors such as location, age and condition of the flat, view from the property (this reminds me of the “Baadal important hai” joke by Zakir Khan, anyway), floor plan, market value of the similar properties, clearance rates, etc.

There are a few ways by which you can know how to calculate resale value of flat in Bangalore.

1. Use online tools and calculators that will help you with an estimate of the property prices and resale value of house you own

2. You can reach out to real estate websites. They have a huge database and with their in-depth research in the market, analysis of market trends, price trends of similar properties, etc., they should be able to help you

You can write to NoBroker at

and list down all your queries. They can help you know the average property price and maybe they will help you find a genuine buyer too.

1.   You can ask around from real estate agents in your locality. They too have insights into apartment resale value in Bangalore.

You know, not only do sellers calculate the resale value of their property when they are planning to make a sale but it is a practice which is followed by many new homeowners. The reason is that manu home buyers look at the larger picture and think of it as an investment which will bring good returns. Some home buyers plan to sell the property when there is an influx of demand, or simply because they are moving out probably to a new city or a new country. 

I hope this answer helps you.

Wondering how to calculate resale value of flat in Bangalore? To calculate the resale value of a flat in Bangalore, you can follow this formula:

1. Undivided Share of Land (UDS): Multiply the cost per square foot with the UDS area. This represents the value of the land portion associated with the flat.

2. Depreciated Value of Building and Amenities: Consider the age and condition of the building and amenities. Apply depreciation to their original value to estimate their current worth.

3. Overheads, Expenses, and Promoter’s Profit: Factor in any additional costs related to the property, such as maintenance charges, legal fees, and the promoter’s profit margin.

The sum of these three components gives you the estimated resale value of the flat. Remember to compare it with current market rates for similar properties in the location. I hope this helps you understand how to calculate value of resale flat.

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1. Resale value has been rising substantially over last 2 years and will continue doing so in good locations. Prestige shantiniketan a 10 year old property for example in Whitefield appreciated by 100% in 2 years.
2. Calculation of apartment value has 3 components : Value of land (if value of the available land, say 25% of super built up, is the largest component of the cost, apartment price would go up the fastest), current value of construction minus the depreciation(do not consider cost of construction 10 years prior and depreciate that, rather you have to take current cost and then depreciate), and thirdly the hype value of the apartment.
3. Hype value is something that most people in above response discounted, but it's very very real in Bengaluru. The value is associated with larger amenities or great location. You will see Prestige properties at bad location selling at very high premium compared to cost of land and construction, that is associated with hype value, it is possible those apartments will have slower appreciation if hype value goes down.
4. Secondly, hype value is also associated with location. Say the cost of land in a location is 30k psft, and you get 25% of super built up meaning 7.5kpsft is the cost of land, add 4k as construction cost making the price 11.5k psft. Yet the apartment of Tier 2/3 builder maybe selling for 16k psft.
5. Reason for above is that completed property in an area with all infrastructure like schools, hospitals, great roads, malls, office spaces, metro trades at much higher implied land price due to limited availability.
6. Some people pointed this fact about Indiranagar, however, the same is now getting applicable to good areas of Whitefield as there are more infrastructure including office spaces and connectivity to ORR than Indiranagar. Eventually land prices would go higher and there is already limited land available and apartment inventory has decreased fast over last year. This with metro completion would lead to extremely high premium of Whitefield and a hype value would be associated with the area and even Tier 3 builders would benefit from this.

Calculating the resale value of apartments in Bangalore, or any real estate property, is a complex process that involves several factors;

• Market Research

• Property Evaluation

• Depreciation

• Upgrades, and Maintenance

• Demand and Supply

• Legal Documentation

• Negotiation

How to calculate the resale value of apartments in Bangalore?

A resale flat is valued using the following formula:

Value of an undivided share of land (UDS)+ Depreciated value of building and amenities + Value of overheads, expenses, and promoter’s profit.

This number varies depending on where you are. You must compute the value and review the property rates. The property's value is influenced by the depreciation rate, which rises by 1.5% per year.

Remember that property valuation is not an exact science, and the final resale value may also depend on the negotiation skills of both parties involved. It's essential to approach this process with patience and a willingness to adapt to market conditions. Consulting with local real estate experts can provide invaluable insights into the resale value of your flat in Bangalore.

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Nowadays if you opt for buying a house or apartment, you will come across the phrase ‘resale value’ in their brochure. I tried to figure out- does apartments have resale value and how to calculate it. After all, investing lakhs in a house is not a joke and realised they do have resale value but depend on a number of factors. There is no apartment resale value calculator as such using which you can get it. However, giving this task to someone expert can help you out. 

Resale value is the estimated amount of money a buyer would be willing to pay for a previously owned item. 

The resale value of a property depends on a number of factors like

• Its location

• Size

• Amenities

• Design of the property

• Condition

• Malls, markets, schools, hospitals availability

• Roads connecting it and more

Since there is no flat resale value calculator Bangalore, things have to be done manually. After considering the factors mentioned above, you can 

• Talk to local residents and experts in the area to get an idea of the current market value.

• Check the registration records of the flat at the local registration office. This will give you an idea of the previous sale prices of similar flats in the area.

• Consult with a qualified valuer to get a professional opinion on the flat’s value.

• You can use platforms like NoBroker to know the price trends of properties in Bangalore as per the location as well and then get an idea about the resale value

I hope this answers the query- does apartments have resale value or not and also what factors must be looked at to calculate it.

Hi Buddy,

I have gone through various articles about the guidance value of property in Bangalore, which emphasised on the property valuation calculator Bangalore. However, I feel that apartments in Bangalore do not have a resale value. This pattern is unlikely to change in the long run.

The single most crucial factor about the flat resale value in Bangalore is that all purchases are financed. This fact, combined with sky-high property prices where builders do not leave any value on the table, will prevent property values from appreciating enough to create meaningful long-term value.

If you are pondering, does flats have resale value? I would like to say that, it makes no sense to take out a loan to buy an apartment, be obligated to it for the next two decades, and then be uncertain and unable to maximise earnings by selling near retirement.

Just don't do it; if you can pay cash for it and then sell it in a few years to purchase another, it's not worth it in terms of resale value. If you expect to stay here and settle for the rest of your life, it's a long shot in terms of resale value.

• Buildings, unlike land, depreciate with time, and the market estimates a higher rate of depreciation for properties older than 5–6 years. As a result, even if the land value increases, the depreciation of the building is likely to counteract it considerably more quickly.

• It also depends on where you are. For example, if you possess an apartment in Indiranagar, Koramangala, or other nearby locations, there's a decent possibility you'll be able to sell it for a significant profit because land values have risen dramatically. In addition, there aren't many new projects coming up in these locations, providing current ones an advantage.

On the other side, in regions where traditionally IT personnel dwell (electronic city, Sarjapur road, Whitefield, Manyata, etc. ), new projects keep appearing, restricting resale opportunities. Why would someone choose to buy a ten-year-old apartment for the same price as a brand-new apartment that is close and has far superior amenities?

• Typically, someone who is employed and is between the ages of 30-35 would opt for a quality apartment in a developing location such as Sarjapur Road because of the affordability and convenience of the office. Sarjapur Road, on the other hand, has a very slim potential of becoming something like Indiranagar or Koramangala in the future.

• Predecessors worth highlighting - electronic city, which was regarded as an IT centre in the early 2000s, lost its allure as Whitefield arose as an alternative, resulting in lower housing values. In the last five years, Whitefield has lost its allure to the outer ring road. When the areas surrounding ORR reach saturation, I am confident that a new location will arise, limiting the likelihood of real estate price appreciation.

• Another significant factor is the nature of work and salaries. New apartment prices have risen dramatically in the previous 20 years, which can be attributed in part to the economy's growth, which has been aided by the IT sector.

• However, with the job market stagnating and average salaries barely increasing (compare the average salary for a fresher offered by major IT service providers who continue to be the bulk recruiters over the last 15 years - they have barely increased), expecting a similar level of growth in the future is extremely unlikely.

• The term "second hand" has a social stigma attached to it. You must acknowledge that a used car will always be less expensive than a new car. Here, too, the same rationale applies.

This answer regarding the property valuation calculator Bangalore is based on my personal opinion. I, however, believe that while buying a flat in Bangalore you should conduct due diligence and make decisions based on your judgement.

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A flat's resale value is the amount it is expected to sell for in the upcoming future. The cost of many things is taken into consideration while calculating the resale value that includes any improvements made to the property, its overall age, and the condition of the flat.

For a resale flat one has to consider the value of land, estimated life of the building, age of the building, and the available facilities.

The resale flat value is the sum of the value of an undivided share of land (UDS), depreciated value of building and amenities, the Value of overheads, expenses and promoter’s profit.

The Value of an undivided share of land (UDS) is obtained by multiplying the cost per square foot with the UDS. 

After this, the value of depreciated value is calculated taking the age of the building into account which will be calculated on the basis of the construction cost of that building.

The value of overhead expense, incidental expenses are also calculated.

The three calculated values of that property are summed up to calculate the resale value of that property.