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 October, the average price per sq.foot was ₹ 1,802. In the following month the price per sq.foot increased considerably to ₹ 2,824. The price for the following two months in (December, January) had a considerable increment of 127 %. The price per sq.foot has had a considerable increase of 133 % 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 ₹ 2,619.5 to ₹ 3,485 during February, and March.
Based upon to the price in Ajmer (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 24.54 lakhs. During November the price went through a considerable rise reaching ₹ 40.96 lakhs. During the following two months (December, January) the average price had a considerable increase of 136 % 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 157 % 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 ₹ 77.41 lakhs they are 86 % more affordable than the average price for Ajmer. The properties with the lowest average price have 4 BHK, Their price is 3 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 48.59 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 1,941 / sq.foot, with an average ₹ 3,851 / sq.foot price in Ajmer. The properties with the highest average prices have 4 BHK. They are 0 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 3,148 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 77.41 lakhs it is 73 % cheaper than the average price in Ajmer. "Flat" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of ₹ 1.09 crores it is 132 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 1,490 / sq.foot followed by "Flat" priced at ₹ 2,759 / sq.foot. "Commercial" is the most costly type of property with a ₹ 11,560 / sq.foot cost followed by "House" with an average price of ₹ 4,579 / sq.foot.