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What is the market rate of old resale flat in old Panvel ?

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Mumbai
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0 2022-07-06T17:03:39+00:00
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Hi Buddy,

I just bought a second-hand flat in Mumbai, and in doing so, I learned how to determine the resale worth of a flat there;

  • Value of a resale apartment equals the worth of an undivided share of land plus the depreciated value of the building and its amenities plus the value of overhead costs and other expenses.

  • I looked at various real estate websites and tried to estimate.

  • Contacted real estate agents and had a conversation with them about home prices.

  • Attempted to estimate using the property's value per square foot. This number fluctuates depending on where you are. You must compute the value and review the property rates. The depreciation rate, which rises by 1.5 percent annually, determines the property's worth.

You can follow these above-mentioned steps to calculate the market value of resale property in Panvel. However, according to my knowledge, the price of a 2 BHK apartment in old Panvel is Rs. 70 lakhs onwards.

Check out NoBroker to purchase a resale apartment in Old Panvel.

Also, if you want to sell your resale apartment in Panvel, then you should,

Check out the NoBroker Seller Plans and forget about your worries.

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Rahul Mishra

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