Property prices for sale in Secunderabad (Andhra Pradesh)
The prices in real estate in Secunderabad, in the Andhra Pradesh 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 Secunderabad has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 4,743. In the following month the price per sq.foot increased considerably to ₹ 5,502. In the following two months the price per sq.foot has barely changed, going from ₹ 5,122.5 to ₹ 5,369 per sq.foot. The price per sq.foot has increased 105 % 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 ₹ 5,245.75 to ₹ 5,525.5 during February, and March.
Based upon to the price in Secunderabad (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 62.31 lakhs. During November the price went through a considerable rise reaching ₹ 83.84 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 73.08 lakhs to ₹ 82.67 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 ₹ 80.08 lakhs they are 61 % more affordable than the average price for Secunderabad. The properties with the highest average price have 4 BHK, Their price is 73 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 91.63 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the most costly ones at a cost of ₹ 9,426 / sq.foot, with an average ₹ 5,538 / sq.foot price in Secunderabad. The properties with the highest average prices have 4 BHK. They are 344 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 19,338 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 80.08 lakhs it is 58 % cheaper than the average price in Secunderabad. "House" is seen as the second most affordable property type. The cheapest type property is "Flat" followed by "Villa". At a price of ₹ 72.35 lakhs it is 3 % more affordable than the average price.
According to the average cost per sq.foot, the cheapest property type is "Villa" at an average cost of ₹ 4,375 / sq.foot followed by "Land" priced at ₹ 4,448 / sq.foot. "Office" is the most costly type of property with a ₹ 1.2 lakhs / sq.foot cost followed by "Flat" with an average price of ₹ 12,775 / sq.foot.
