|# FAQ:What is Market Value ?|
|Market Value of a property is the price that the property would fetch in the open market. Market Value of the property is highly sensitive to the development of infrastructure and industrial growth in the locality. For example, improved transportation facilities (better, wider roads or a new metro rail project or more frequent metro bus services, etc.,), growth of industries in the neighbouring localities leading to employment opportunities, will lead to higher demand in that locality which in turn leads to increase the Market Value. Hence the Market Value is usually higher than the Guideline Value.
Related questions :
What is Guideline Value of land ? [placetolive.in]
|# sai2reach FAQ:What is Market Value ?Wed Dec 21, 2011 12:01 PM|
|Last-Updated by : sai2reach on Wed Dec 21, 2011 12:02 PM|
|# p.thangavelu10052 FAQ:What is Market Value ?Wed Jan 25, 2012 01:35 PM|