The prices in real estate in Rewari, in the Haryana 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 Rewari has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 15,196. In November this price pretty much remained the same at a value of ₹ 15,196 per sq.foot. The price for the following two months in (December, January) had a considerable increment of 4454 %. The price per sq.foot has had a considerable increase of 194 % 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 ₹ 3.46 lakhs to ₹ 6.73 lakhs during February, and March.
Based upon to the price in Rewari (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is ₹ 65.47 lakhs. In November This price remains at ₹ 65.47 lakhs. During the following two months (December, January) the average price had a considerable increase of 285 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 162 % 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 ₹ 3.57 crores they are 97 % more affordable than the average price for Rewari. The properties with the lowest average price have 4 BHK, Their price is 83 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 56.13 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 2,066 / sq.foot, with an average ₹ 13.37 lakhs / sq.foot price in Rewari. The properties with the lowest average prices have 3 BHK. They are 100 % cheaper than the average followed by properties with 4 BHK with a price at ₹ 3,330 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 3.57 crores it is 89 % cheaper than the average price in Rewari. "Villa" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of ₹ 53.79 lakhs it is 196 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Villa" at an average cost of ₹ 3,542 / sq.foot followed by "House" priced at ₹ 3,665 / sq.foot. "Flat" is the cheapest type of property with a ₹ 8,129 / sq.foot value followed by "Commercial" with an average price of ₹ 7,622 / sq.foot.