Residential Valuation in Janakpuri

Janakpuri is unusually easy to value well, because the authority flat types are standard and there is genuine sale evidence for each of them. What varies is the block, and what has been done inside the flat.

Standard types give strong evidence

The colony is dominated by authority flats built to a handful of standard designs, with builder floors alongside. That standardisation means a valuation can rest on sales of the same category of flat rather than on adjusted approximations.

It is one of the few Delhi colonies where a client can be shown three genuinely like for like transactions, which makes the report considerably harder to argue with.

Block position within the colony

The blocks are not equivalent. Position within Janakpuri and proximity to the metro produce real differences that the evidence shows plainly.

Janakpuri sits in category C of the circle rate schedule. As almost everywhere in Delhi, the market runs above that notified figure, so the band sets the registration minimum.

Internal modification, which is widespread here

Many of these flats have been substantially altered over the decades. Balconies enclosed, walls moved, kitchens relocated. The registered area is unchanged but the property is materially different.

We measure what is actually there and compare it with the sanctioned plan. Good quality recent work supports the figure. Unauthorised alteration is recorded plainly, because a report that hides it fails the first time anybody checks.

Age, condition and what it costs

These are older buildings and condition varies between blocks and between individual flats. Structural issues, seepage and the state of services all bear on value and on how quickly a flat would sell.