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Property Valuation in New Friends Colony

We value large kothis and builder floors in New Friends Colony. Our engineers know this colony and can usually inspect within a day.

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About property in New Friends Colony

A well established colony in the south east with large houses, a good deal of rebuilding into floors over the last two decades, and a substantial community of long settled families. It sits close to Jamia Millia Islamia and the Okhla area, and the main road frontage has picked up commercial activity while the inner lanes remain firmly residential.

What affects value in New Friends Colony

Main road properties carry commercial potential that inner lane properties do not.

Extensive rebuilding into separate floors means ownership structures need checking before valuation.

Proximity to the university supports rental demand at the smaller end.

The New Friends Colony colony rate

New Friends Colony sits in category B.

Delhi grades every residential colony from A at the top down to H, and each band carries an official rate per square metre. Category B sits just below the top band. High value colonies, usually a little denser than category A.

Circle rates are set by the Delhi government and change from time to time. We check the current notified rate for your colony before we finalise any report.

Check the current New Friends Colony rate free

Questions from New Friends Colony owners

Our house is on the main road. Should it be valued differently?

If commercial use is permitted and actually happens on that stretch, yes, and it usually produces a higher figure. We check what the rules allow before applying it.

Four floors were built and sold to different people. What do we own?

You own your floor plus an undivided share of the land. We value that combination and state clearly in the report what is included.

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.

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Large plots with an institutional neighbour

New Friends Colony holds substantial houses and builder floors, with universities, hospitals and embassies close by. That produces steady demand from a specific kind of tenant and buyer, including a long standing letting market that many owners here rely on.

Where a property is let, the terms and the tenant type genuinely affect value, and we read the agreement rather than assuming a standard position.

Kothis that became floors, and some that did not

Part of the original stock has been rebuilt into separately owned floors while a good deal remains whole. Those are different assets with different buyers, and we will not use one as evidence for the other.

For a floor, the undivided land share comes from the deed. For a whole plot, the redevelopment option is part of the value and the report says so explicitly rather than leaving it implied.