Should we rebuild before selling?

Usually not for value alone, because land carries the total here. The land and structure split in the report is the number to make that decision on.

Our house is let to a foreign mission. Does that help?

Often yes, because the income is steady and the covenant strong. How much depends on the lease, which we read as part of the work.

Hardly anything sells here. How do you find comparables?

From the sales that did occur, supported by evidence from adjoining category A colonies adjusted for the differences. The report identifies every comparable and every adjustment.

Is the circle rate a reasonable guide to value here?

No. It is the registration floor. In this colony the gap between the notified figure and the market is very wide, and the report explains it.

Residential Valuation in Vasant Vihar

A residential valuation in Vasant Vihar is really a land valuation with a house on top. That is not a figure of speech: the land is the overwhelming share of the value.

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Land carries the value

Plots here are large and land dominates the total. The practical consequence is that the age and condition of the house matter far less than owners expect, and far less than they would in a flatted colony.

The report shows land and structure separately, which usually settles the question of whether it is worth rebuilding before selling.

Institutional tenancies

Embassy and mission tenancies are a genuine part of this market. A property let on a long lease to a strong institutional tenant produces steady income, and buyers pay for that.

The lease terms decide how much: remaining term, escalation and break rights all matter. We read the agreement rather than assume, because a short or restrictive lease can pull the other way.

Plot size and transferable evidence

Plots are large enough that rates from smaller colonies do not transfer meaningfully, and the same quantum effect applies as elsewhere in Delhi for very large properties.

We use evidence from comparable plot sizes within the colony and its immediate neighbours. Transactions here are few, so each comparable carries weight and the selection has to be defensible.

The category A band

Vasant Vihar sits in category A, the top band of the Delhi circle rate schedule. Even so, market values here run well above the notified figure, and the gap is among the widest in the city.

Questions we get in Vasant Vihar

Should we rebuild before selling?: Usually not for value alone, because land carries the total here. The land and structure split in the report is the number to make that decision on.
Our house is let to a foreign mission. Does that help?: Often yes, because the income is steady and the covenant strong. How much depends on the lease, which we read as part of the work.
Hardly anything sells here. How do you find comparables?: From the sales that did occur, supported by evidence from adjoining category A colonies adjusted for the differences. The report identifies every comparable and every adjustment.
Is the circle rate a reasonable guide to value here?: No. It is the registration floor. In this colony the gap between the notified figure and the market is very wide, and the report explains it.

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.