Latest Answer: Hi Poonam,
Newtown has seen a rise of 8% in capital values in Jan-Mar 2014 quarter. Apartments which were being sold for Rs 12000 to 15000/sq-ft in Oct-Dec 2013 quarter are now available for Rs 12500 to 16000/sq-ft. Resale properties are more in the locality in comparison to new properties. The price of resale properties ranges from Rs 20 lakh to Rs 70 lakh with age construction existing between 5 to 10 years. Size of such apartments varies from 500 to 1200 sq-ft. Capital values of new properties range from Rs 20 to Rs 40 lakh with size ranging from 800 to 1000 sq-ft.
