Property prices vary by sector, project stage, builder and amenities. Instead of relying on headline averages, compare the all-inclusive price per sq ft of several projects, and ask for the full cost sheet including preferential location charges, parking, club membership and taxes.
- Ask for the complete cost sheet
- Compare ready vs under-construction pricing
- Check payment plans and possession dates
- Understand circle rate vs market rate
Why Headline Averages Mislead
- Averages mix very different projects, stages and configurations
- Advertised base prices often exclude PLC, parking, club and taxes
- Under-construction and ready prices are not directly comparable
A Better Way to Compare Prices
- Request the all-inclusive cost sheet for each project
- Convert every quote to price per sq. ft. on carpet area
- Compare projects in the same sector and at the same stage
- Include the payment plan and possession date in your comparison
Circle Rate vs Market Rate
- The circle rate is the government’s minimum valuation for registration; it sets a floor for stamp duty
- The market rate is what buyers and sellers actually agree and can be higher or lower
- Check the current circle rate for your sector with the local authority
General guidance only, not financial, legal or investment advice. Confirm current rates and rules with the relevant lender, authority or advisor.