Property prices for sale in Vizag (Andhra Pradesh)

The prices in real estate in Vizag, 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.

₹ 55.58 lakhs
Average price last 6 months
₹ 6,080
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Vizag has increased strongly during the last 6 months. In September, the average price per sq.foot was . In the following month the price per sq.foot increased considerably to ₹ 7,118. The price for the following two months in (November, December) had a considerable increment of 158 %. The price per sq.foot has had a considerable increase of 132 % 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 ₹ 4,583.75 to ₹ 6,032.5 during January, and February.

Average price

Based upon to the price in Vizag (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching ₹ 47.85 lakhs. During the following two months (November, December) the average price had a considerable increase of 210 % 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 174 % during the last two months.

Average price per BHK

The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 59 lakhs they are 37 % more affordable than the average price for Vizag. The properties with the highest average price have 4 BHK, Their price is 13 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 64.67 lakhs.

With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 3,683 / sq.foot, with an average ₹ 5,769 / sq.foot price in Vizag. The properties with the highest average prices have 1 BHK. They are 98 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 4,044 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 59 lakhs it is 66 % cheaper than the average price in Vizag. "Villa" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of ₹ 54.78 lakhs it is 239 % more expensive than the average price.

According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 2,991 / sq.foot followed by "Villa" priced at ₹ 3,708 / sq.foot. "Commercial" is the most costly type of property with a ₹ 57,867 / sq.foot cost followed by "House" with an average price of ₹ 4,460 / sq.foot.

Charts data
Average price February
Average price per sq.foot February
Number of properties used in Vizag
Number of properties used in region Andhra Pradesh
₹ 59 lakhs
₹ 5,769
554
16,398
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value