Property prices for sale in Ghaziabad (Uttar Pradesh)
The prices in real estate in Ghaziabad, in the Uttar Pradesh region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.foot in Ghaziabad has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 7,246. In the following month the price per sq.foot increased considerably to ₹ 10,962. In the following two months the price per sq.foot has barely changed, going from ₹ 9,104 to ₹ 8,915.5 per sq.foot. The price per sq.foot has increased 114 % 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 ₹ 9,009.75 to ₹ 10,277 during February, and March.
Based upon to the price in Ghaziabad (cities), these have remained the same in the last 6 months. The average price for October is ₹ 53.83 lakhs. During November the price had a considerable reduction till ₹ 45.04 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 49.43 lakhs to ₹ 49.36 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % 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 ₹ 63.38 lakhs they are 76 % more affordable than the average price for Ghaziabad. The properties with the highest average price have 4 BHK, Their price is 130 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 77.57 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,260 / sq.foot, with an average ₹ 12,394 / sq.foot price in Ghaziabad. The properties with the highest average prices have 4 BHK. They are 105 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 15,178 / sq.foot.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of ₹ 63.38 lakhs it is 28 % cheaper than the average price in Ghaziabad. "Commercial" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of ₹ 71.7 lakhs it is 38 % 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 ₹ 5,175 / sq.foot followed by "Villa" priced at ₹ 7,219 / sq.foot. "Land" is the most costly type of property with a ₹ 29,840 / sq.foot cost followed by "Commercial" with an average price of ₹ 18,586 / sq.foot.
