Property prices for sale in Muzaffarpur (Bihar)
The prices in real estate in Muzaffarpur, in the Bihar region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.foot in Muzaffarpur has fallen in the last 6 months. In October, the average price per sq.foot was ₹ 3,989. In November this price pretty much remained the same at a value of ₹ 3,989 per sq.foot. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.foot has had a considerable deflation of 82 % 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 ₹ 3,821.5 to ₹ 3,148.5 during February, and March.
Based upon to the price in Muzaffarpur (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is ₹ 50.9 lakhs. In November This price remains at ₹ 50.9 lakhs. During the following two months (December, January) the average price fell 89 % 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 ₹ 48.17 lakhs to ₹ 40.14 lakhs, which means a 83 % fall.
The graph displaying the average price for BHK illustrates that those properties with 4 BHK are the cheapest ones. At a price of ₹ 37.41 lakhs they are 41 % more affordable than the average price for Muzaffarpur. The properties with the lowest average price have 1 BHK, Their price is 40 % cheaper than the average. After that we have properties with 4 BHK priced at ₹ 21.95 lakhs.
With regard to the average price per sq.foot , those properties with 4 BHK are the cheapest ones at a cost of ₹ 999 / sq.foot, with an average ₹ 3,110 / sq.foot price in Muzaffarpur. The properties with the lowest average prices have 1 BHK. They are 66 % cheaper than the average followed by properties with 4 BHK with a price at ₹ 999 / sq.foot.
With regard to the average price based upon the property in Muzaffarpur we can see that the cheapest property type is "Flat" at a price of ₹ 21.95 lakhs, they are 41 % more affordable than the average price of (!PRECIO2!). "Flat" has the lowest price. This price is 41 % more affordable than the average price aforementioned.
According to the average area cost by sq.foot the cheapest property type is "Flat with an average price of ₹ 999 / sq.foot. "Flat" with an average cost of ₹ 999 / sq.foot has the lowest price and would be directed at less affluent cities.
