Residential Valuation in Greater Kailash 1

In Greater Kailash 1 the floor you own moves the number more than the size does. A residential valuation that does not name the floor and its parking is not telling you much.

Floor level is the dominant variable

Ground floors with parking sell at a clear premium over middle floors, and the gap is wide enough that a colony average would misprice most properties here in one direction or the other.

We use comparables from the same floor level wherever the evidence exists, and the report states the floor plainly. It is the single most important adjustment in a GK1 valuation.

The land share under your floor

Almost all stock here is builder floors. The undivided land share attaching to your floor comes from the documents and is not a matter of dividing by the number of floors.

Getting it right is what allows the report to separate land from structure. In this colony the land carries most of the value, so that split does real work.

Distance from M Block market

Proximity to the market cuts both ways and the evidence rather than the theory settles it. Convenience raises value for some buyers; traffic and parking pressure lowers it for others.

Greater Kailash 1 sits in category B of the circle rate schedule, which is the registration floor rather than a guide to value.

Parking, terraces and what is documented

Parking allocation and terrace rights are both valuable here and both are frequently assumed rather than documented. We check the papers, because undocumented use is worth considerably less than a documented right.