The prices in real estate in Wardha, in the Maharashtra region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.foot in Wardha has had a strong decrease during the last 6 months. In September, the average price per sq.foot was ₹ 4,224. In the following month the price per sq.foot decreased considerably to ₹ 766. The price for the following two months in (November, December) had a considerable decrease of 48 with regard to the prior two months. The price per sq.foot has had a considerable increase of 181 % 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 ₹ 1,848 to ₹ 3,345 during January, and February.
Based upon to the price in Wardha (cities), this has fallen considerably in the last 6 months. The average price for September is ₹ 45.33 lakhs. During October the price had a considerable reduction till ₹ 17.32 lakhs. During the following two months (November, December) the average price had a considerable reduction of 76 % 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 124 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 4 BHK are the cheapest ones. At a price of ₹ 45.29 lakhs they are 55 % more affordable than the average price for Wardha. The properties with the lowest average price have 1 BHK, Their price is 55 % cheaper than the average. After that we have properties with 2 BHK priced at ₹ 20.45 lakhs.
With regard to the average price per sq.foot , those properties with 4 BHK are the cheapest ones at a cost of ₹ 969 / sq.foot, with an average ₹ 4,219 / sq.foot price in Wardha. The properties with the lowest average prices have 1 BHK. They are 77 % cheaper than the average followed by properties with 2 BHK with a price at ₹ 982 / sq.foot.
With regard to the average price based upon the property in Wardha we can see that the cheapest property type is "Villa" at a price of ₹ 20.18 lakhs, they are 55 % more affordable than the average price of (!PRECIO2!). "Villa" has the lowest price. This price is 55 % more affordable than the average price aforementioned.
According to the average area cost by sq.foot the cheapest property type is "Villa with an average price of ₹ 969 / sq.foot. "Villa" with an average cost of ₹ 969 / sq.foot has the lowest price and would be directed at less affluent cities.