Residential Valuation in Defence Colony
Defence Colony is consistent and well evidenced, which makes residential valuation here comparatively straightforward. The variables that matter are the block and the floor.
Blocks behave differently
Blocks nearer the central market show different sale prices from the outer blocks. The spread is narrower than in some colonies but it is consistent, and we use evidence from your own block and the adjoining ones.
The colony is uniform enough that comparable evidence is usually easy to find, which is one reason valuations here are rarely contested.
Builder floors and the land share
A large share of the stock is now builder floors rather than whole houses. Each floor carries an undivided share of the land, and establishing that share correctly from the documents is what makes the figure defensible.
Ground floors with parking and independent entry command a clear premium. The report values the specific floor rather than a notional average.
Maintenance and consistency
The colony is well kept and that consistency supports value across it. It also narrows the gap between what a property is worth and what it would fetch quickly, because Defence Colony property tends to move.
Defence Colony sits in category B of the circle rate schedule, and market rates run well above that band.
What the report sets out
Block position, floor, measured areas, the land and structure split, the comparables used with dates, and the adjustments made. Where the property is a whole house rather than a floor, the redevelopment position is relevant and we say so.
Questions we get in Defence Colony
- Is a whole house worth more than the floors it could be split into?
Frequently yes, because a whole plot carries redevelopment potential. That is why plot owners and floor owners are not good comparables for each other.
- We have documented terrace rights on the top floor.
Those are worth real money here and we value them, having checked the documents rather than taken the position on trust.
- Our house is from the eighties and unmodernised.
Land carries most of the value in this colony, so the effect is smaller than owners expect. The report shows the split so you can see it.
- How near the market is too near?
The evidence answers that rather than a rule. Some buyers pay for the convenience and others discount the traffic, and the net effect differs by block.
Checked by Parish Rao, Chartered Engineer and Government Approved Valuer (Registration number CAT-I/443/117/2000-01).
Page last checked on 7 October 2026.