Property prices for sale in Ahmedabad (Gujarat)
The prices in real estate in Ahmedabad, in the Gujarat 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 Ahmedabad has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 18,101. In the following month the price per sq.foot decreased considerably to ₹ 12,262. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.foot has had a considerable increase of 115 % 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 ₹ 13,783 to ₹ 15,850.5 during February, and March.
Based upon to the price in Ahmedabad (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 88.98 lakhs. During November the price went through a considerable rise reaching ₹ 1.14 crores. During the following two months (December, January) the price has had an average incrementation from ₹ 1.02 crores to ₹ 1.1 crores. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₹ 1.06 crores and ₹ 1.03 crores between February and March.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 1.09 crores they are 80 % more affordable than the average price for Ahmedabad. The properties with the highest average price have 4 BHK, Their price is 130 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 86.12 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,945 / sq.foot, with an average ₹ 16,714 / sq.foot price in Ahmedabad. The properties with the lowest average prices have 2 BHK. They are 40 % cheaper than the average followed by properties with 4 BHK with a price at ₹ 9,456 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 1.09 crores it is 23 % cheaper than the average price in Ahmedabad. "Commercial" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of ₹ 2.99 crores it is 187 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Commercial" at an average cost of ₹ 8,731 / sq.foot followed by "House" priced at ₹ 9,818 / sq.foot. "Land" is the most costly type of property with a ₹ 22,719 / sq.foot cost followed by "Villa" with an average price of ₹ 17,064 / sq.foot.
