Property prices for sale in Agartala (Tripura)
The prices in real estate in Agartala, in the Tripura 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 Agartala has had a strong decrease during the last 6 months. In November, the average price per sq.foot was ₹ 3,614. In December this price pretty much remained the same at a value of ₹ 3,614 per sq.foot. The price for the following two months in (January, February) decreased 92 % with regard to the prior two months. The price per sq.foot has had a considerable deflation of 73 % 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 ₹ 3,467.5 to ₹ 2,538.5 during March, and April.
Based upon to the price in Agartala (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is ₹ 59.88 lakhs. In December This price remains at ₹ 59.88 lakhs. During the following two months (January, February) the average price had a considerable reduction of 82 % 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 ₹ 54.57 lakhs to ₹ 36.99 lakhs, which means a 68 % fall.
The graph displaying the average price for BHK illustrates that those properties with 4 BHK are the most costly ones. At a price of ₹ 41.51 lakhs they are 27 % more expensive than the average price for Agartala. Following this ranking we find those properties with 3 at an average price of ₹ 53.38 lakhs. The properties with the highest average price have 1 BHK, Their price is 29 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 53.38 lakhs.
With regard to the average price per sq.foot , those properties with 4 BHK are the most costly ones at a cost of ₹ 3,357 / sq.foot, with an average ₹ 2,334 / sq.foot price in Agartala. The properties with the highest average prices have 1 BHK. They are 46 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 3,405 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of ₹ 41.51 lakhs it is 25 % more expensive than the average price in Agartala. "Flat" is seen as the second dearest property type. The dearest property type is "Commercial Property" followed by "Flat". At a price of ₹ 52.74 lakhs it is 195 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Commercial Property" at an average cost of ₹ 1,795 / sq.foot followed by "Land" priced at ₹ 3,297 / sq.foot. "Flat" is the most costly type of property with a ₹ 3,357 / sq.foot cost followed by "Land" with an average price of ₹ 3,297 / sq.foot.
