Buying a new home in India is a pricier endeavor. Aside from the rising cost of housing, the costs of land have also risen. This is not to say that you have to spend a fortune to acquire a piece of property. However, there are certain areas where the price of land is more pronounced. Aside from the cost, the location of a property also plays a big part in the price of the land. The property price is more pronounced in densely populated areas, especially in metropolitan cities. The market value of land is also impacted by the development of infrastructure facilities, such as roads, railways, electricity, and water supply. In addition, the size of a property also plays a part in the price of land.

One of the best ways to measure the market value of a property is to use the belting method. This 道路用地行情 method assigns the highest value to the most valuable belt, with the second most expensive belt being assigned two-thirds of the first. The most expensive belt is the one nearest to the main highways. In the long term, the price of land near national highways will increase by at least 20 to 25 percent. In the short term, the market value of land is expected to be the main driver for real estate prices.

There are many ways to measure the market value of a particular property, but the one mentioned above stands out as the most useful. This is a good reason to check out the local real estate market before buying a piece of property. As the real estate market of India is booming, a lot of land is being purchased by developers and smart investors. In addition to the cost of land, the cost of construction and redevelopment also affects the price of new homes. In other words, the cost of developing a property is higher in metropolitan cities than in the hinterland. In addition to the land cost, the property price is also impacted by the rising cost of utilities. The cost of electricity, water supply, and communication services is higher in the city than the hinterlands. Hence, a property located near these utilities will be a resounding winner in the long run.

The market value of land in the country is quite high. This is due to several factors, such as high cost of land, low supply of land, and high demand for new housing. Nonetheless, the market value of land is not likely to drop in the near future, as long as the demand remains stable. The market value of land is expected to rise over the next few years, as the demand for affordable housing continues to increase.