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Can standardised valuation metrics make property buying and selling easier?

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We examine whether uniform and standardized valuation metrics for calculating the value of properties, can remove some of the ambiguities in the buying and selling process and make the transaction more transparent Bitter experiences are not uncommon in India’s real estate market, where there is an absence of scientific valuation of the property. Prices tend to differ in the same micro-market, depending upon the project and the builder and even within the same housing society, depending upon the view from the house, floor on which the unit is, the needs of the buyer or seller, and many other considerations.

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