Property prices for sale in Delhi (National Capital Territory Of Delhi)
The prices in real estate in Delhi, in the National Capital Territory Of Delhi 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 Delhi has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 38,486. In the following month the price per sq.foot decreased considerably to ₹ 28,678. The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 29,906.75 to ₹ 29,378 during February y March
Based upon to the price in Delhi (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 71.97 lakhs. During November the price went through a considerable rise reaching ₹ 87.47 lakhs. During the following two months (December, January) the average price had a considerable increase of 139 % with regard to the previous two months. 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 ₹ 95.45 lakhs and ₹ 92.95 lakhs 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 ₹ 92.86 lakhs they are 81 % more affordable than the average price for Delhi. The properties with the highest average price have 4 BHK, Their price is 370 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 1.24 crores.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 7,746 / sq.foot, with an average ₹ 31,739 / sq.foot price in Delhi. The properties with the highest average prices have 4 BHK. They are 63 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 33,934 / sq.foot.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of ₹ 92.86 lakhs it is 49 % more expensive than the average price in Delhi. "Office" is seen as the second dearest property type. The dearest property type is "Villa" followed by "Land". At a price of ₹ 8.05 crores it is 1627 % 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 ₹ 14,150 / sq.foot followed by "Office" priced at ₹ 22,980 / sq.foot. "Villa" is the most costly type of property with a ₹ 3.34 crores / sq.foot cost followed by "Land" with an average price of ₹ 2.93 lakhs / sq.foot.
