The prices in real estate in Ahmedabad, in the Gujarat region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.foot in Ahmedabad has increased during the last 6 months. In September, the average price per sq.foot was ₹ 5,033. In October this price pretty much remained the same at a value of ₹ 4,933 per sq.foot. The price for the following two months in (November, December) had a considerable increment of 122 %. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 5,540.5 to ₹ 5,594.5 during January y February
Based upon to the price in Ahmedabad (cities), this has gone up in the last 6 months. The average price for September is ₹ 82.98 lakhs. During October the price had a considerable reduction till ₹ 61.88 lakhs. During the following two months (November, December) the average price had a considerable increase of 132 % 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 128 % 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 ₹ 1.19 crores they are 82 % more affordable than the average price for Ahmedabad. The properties with the highest average price have 4 BHK, Their price is 79 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 79.83 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,580 / sq.foot, with an average ₹ 5,765 / sq.foot price in Ahmedabad. The properties with the highest average prices have 4 BHK. They are 18 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 5,013 / sq.foot.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of ₹ 1.19 crores it is 49 % cheaper than the average price in Ahmedabad. "Flat" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Commercial". At a price of ₹ 2.83 crores it is 164 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 4,714 / sq.foot followed by "House" priced at ₹ 7,970 / sq.foot. "Villa" is the most costly type of property with a ₹ 32,462 / sq.foot cost followed by "Office" with an average price of ₹ 11,902 / sq.foot.