The prices in real estate in Lonavala, in the Maharashtra 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 Lonavala has increased during the last 6 months. In October, the average price per sq.foot was ₹ 10,868. In November this price pretty much remained the same at a value of ₹ 11,221 per sq.foot. In the following two months the price per sq.foot has increased 106 %, going from ₹ 11,044.5 to ₹ 11,759 per sq.foot. The price per sq.foot has increased 108 % 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 ₹ 11,401.75 to ₹ 12,361.5 during February, and March.
Based upon to the price in Lonavala (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is ₹ 3.53 crores. In November This price remains at ₹ 3.59 crores. During the following two months (December, January) the price has had an average incrementation from ₹ 3.56 crores to ₹ 3.88 crores. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.