Property prices for sale in Indore (Madhya Pradesh)
The prices in real estate in Indore, in the Madhya Pradesh region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.foot in Indore has remained the same in the last 6 months. In October, the average price per sq.foot was ₹ 4,109. In November this price pretty much remained the same at a value of ₹ 4,032 per sq.foot. In the following two months the price per sq.foot has barely changed, going from ₹ 4,070.5 to ₹ 3,951 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 ₹ 4,010.75 to ₹ 4,050 during February y March
Based upon to the price in Indore (cities), this has gone downing the last 6 months. The average price for October is ₹ 41.78 lakhs. During November the price had a considerable reduction till ₹ 34.24 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 38.01 lakhs to ₹ 37.08 lakhs. 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 ₹ 37.55 lakhs and ₹ 35.79 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 ₹ 34.48 lakhs they are 43 % more affordable than the average price for Indore. The properties with the highest average price have 4 BHK, Their price is 211 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 74.37 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,500 / sq.foot, with an average ₹ 3,898 / sq.foot price in Indore. The properties with the highest average prices have 4 BHK. They are 86 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 4,780 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 34.48 lakhs it is 3 % cheaper than the average price in Indore. "Flat" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Villa". At a price of ₹ 1.06 crores it is 693 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 3,815 / sq.foot followed by "Flat" priced at ₹ 4,131 / sq.foot. "Commercial" is the most costly type of property with a ₹ 14,262 / sq.foot cost followed by "Office" with an average price of ₹ 9,009 / sq.foot.
