The prices in real estate in Jorhat, in the Assam 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 Jorhat has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 581. In the following month the price per sq.foot decreased considerably to ₹ 464. The price for the following two months in (December, January) had a considerable increment of 47028 %. The price per sq.foot has had a considerable deflation of 1 % 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 ₹ 1.23 lakhs to ₹ 717 during February, and March.
Based upon to the price in Jorhat (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is ₹ 23.03 lakhs. In November This price remains at ₹ 23.99 lakhs. During the following two months (December, January) the average price had a considerable increase of 2530 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 3.09 crores to ₹ 22.25 lakhs, which means a 7 % fall.
The graph showing the average price for BHK displays the property with the lowest price has 1 BHK. It is 20 % cheaper than the average price of ₹ 17.74 lakhs in Jorhat. Based on the BHK values, properties with the lowest prices are those with 1 BHK. They are 20 % more affordable than the average aforementioned.
With regard to the average prices per sq.foot those properties with 1 BHK are 21 % cheaper than the average price of (₹ 569 / sq.foot) in Jorhat. Properties with the most affordable price based upon to the number of BHK / sq.foot are those with 1 BHK. They are 21 % cheaper than the average value aforementioned.