Property prices for sale in Chandigarh (Union Territory Of Chandigarh)
The prices in real estate in Chandigarh, in the Union Territory Of Chandigarh region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.foot in Chandigarh has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 30,715. In November this price pretty much remained the same at a value of ₹ 29,619 per sq.foot. In the following two months the price per sq.foot has barely changed, going from ₹ 30,167 to ₹ 28,687.5 per sq.foot. The price per sq.foot has had a considerable deflation of 61 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.foot of ₹ 29,427.25 to ₹ 18,027 during February, and March.
Based upon to the price in Chandigarh (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is ₹ 1.35 crores. In November This price remains at ₹ 1.36 crores. During the following two months (December, January) the price has had an average incrementation from ₹ 1.36 crores to ₹ 1.48 crores. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₹ 1.42 crores and ₹ 1.41 crores between February and March.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 1.39 crores they are 63 % more affordable than the average price for Chandigarh. The properties with the highest average price have 4 BHK, Their price is 33 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 99.82 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 5,551 / sq.foot, with an average ₹ 19,684 / sq.foot price in Chandigarh. The properties with the lowest average prices have 4 BHK. They are 59 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 6,114 / sq.foot.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of ₹ 1.39 crores it is 23 % cheaper than the average price in Chandigarh. "Flat" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of ₹ 5.32 crores it is 442 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 6,467 / sq.foot followed by "Office" priced at ₹ 13,093 / sq.foot. "Land" is the most costly type of property with a ₹ 55,254 / sq.foot cost followed by "House" with an average price of ₹ 23,604 / sq.foot.
