The prices in real estate in Ajmer, in the Rajasthan 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.
The price per sq.foot in Ajmer has increased strongly during the last 6 months. In September, the average price per sq.foot was ₹ 5,163. In the following month the price per sq.foot increased considerably to ₹ 11,272. The price for the following two months in (November, December) had a considerable increment of 145 %. The price per sq.foot has increased 110 % 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 ₹ 10,084.25 to ₹ 11,048.5 during January, and February.
Based upon to the price in Ajmer (cities), this has fallen considerably in the last 6 months. The average price for September is ₹ 53.56 lakhs. During October the price had a considerable reduction till ₹ 24.92 lakhs. During the following two months (November, December) the average price had a considerable reduction of 65 % 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 ₹ 32.44 lakhs to ₹ 21.34 lakhs, which means a 66 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 21.35 lakhs they are 49 % more affordable than the average price for Ajmer. The properties with the highest average price have 4 BHK, Their price is 275 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 39.42 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 1,939 / sq.foot, with an average ₹ 11,800 / sq.foot price in Ajmer. The properties with the lowest average prices have 4 BHK. They are 66 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 3,113 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 21.35 lakhs it is 6 % cheaper than the average price in Ajmer. "Villa" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of ₹ 49.18 lakhs it is 718 % 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 ₹ 1,260 / sq.foot followed by "Villa" priced at ₹ 3,222 / sq.foot. "Commercial" is the cheapest type of property with a ₹ 4,429 / sq.foot value followed by "House" with an average price of ₹ 3,537 / sq.foot.