There are a number of factors that Influence the price of Property. These factors are usually applicable around the globe in more or less the same way and it is important that every investor must keep these points in mind before their investment decision.

1. Location:   Properties in prime locations such as business hubs, Schools, or scenic locations command higher value.

2. Economic Indicators: High Employment rates, an increasing GDP per Capita or increase in wage rates positively affect property values.

3. Market demand & Supply:  The universal applicable rule of every business,  Higher Supply and Low Demand negatively impacts prices and vice versa.

4. Interest Rates: Higher Interest Rates reduces affordability to mortgage or Purchase property through financial institutions. Low Interest Rates makes borrowing cheaper and hence property prices tend to go up.

5. Government Policies: Government policies like tax implications or concessions affect the prices of property.In Addition govt decision to open new Zones (either Residential/ Industrial /Commercial) also affect the property market. 

6. Infrastructure Development:  Provision of Amenities in the locality, Road Network, Public transport, well developed drainage systems all have a great impact on property. 

7. Environmental Factors: Properties in vicinity of public parks or water bodies command higher value whereas flood prone areas receive very little appreciation with time.

8. Age of Property: New and well-maintained properties have a higher value as compared to old properties as they require frequent renovation.