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Q.

What is the Resale Value for 800 Square feet Flat in Perambur Chennai for 30 years Old Building?

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2 months

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0 2024-10-16T09:24:21+00:00

I can help you out with what is the resale price of an old flat in Chennai. It depends on several factors, like:

  • Age of the property

  • Land value

  • Property condition

  • Amenities available

  • Road connectivity and others

There is a generic formula that you can use to derive the value and that is Value or resale flat = value of the undivided share of land + depreciated value of building and amenities + value of overheads, expenses, etc.

However, I suggest you check the property rates on some reliable real estate websites like

NoBroker

. They have ample listings; hence, you can figure out the property rate easily.

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