The prices in real estate in Faridabad, in the Haryana region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.foot in Faridabad has increased during the last 6 months. In September, the average price per sq.foot was ₹ 16,762. In the following month the price per sq.foot increased to ₹ 18,746. In the following two months the price per sq.foot has increased 108 %, going from ₹ 17,754 to ₹ 19,214 per sq.foot. 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 ₹ 18,484 to ₹ 18,179 during January y February
Based upon to the price in Faridabad (cities), these have remained the same in the last 6 months. The average price for September is ₹ 70.51 lakhs. During October the price had a slight fall till ₹ 61.27 lakhs. During the following two months (November, December) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 67.06 lakhs they are 67 % more affordable than the average price for Faridabad. The properties with the highest average price have 4 BHK, Their price is 108 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 84.02 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 4,683 / sq.foot, with an average ₹ 15,641 / sq.foot price in Faridabad. The properties with the highest average prices have 4 BHK. They are 53 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 15,074 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 67.06 lakhs it is 50 % cheaper than the average price in Faridabad. "Office" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of ₹ 1.52 crores it is 213 % 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 ₹ 4,767 / sq.foot followed by "Office" priced at ₹ 10,070 / sq.foot. "House" is the most costly type of property with a ₹ 31,173 / sq.foot cost followed by "Villa" with an average price of ₹ 23,295 / sq.foot.