Property prices for sale in Allahabad (Uttar Pradesh)
The prices in real estate in Allahabad, in the Uttar Pradesh 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 Allahabad has increased strongly during the last 6 months. In April, the average price per sq.foot was ₹ 1,980. In the following month the price per sq.foot increased considerably to ₹ 3,929. The price for the following two months in (June, July) had a considerable increment of 143 %. The price per sq.foot has had a considerable increase of 169 % 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 ₹ 3,594.75 to ₹ 6,074 during August, and September.
Based upon to the price in Allahabad (cities), this has gone up in the last 6 months. The average price for April is ₹ 24.57 lakhs. During May the price had a slight fall till ₹ 21.77 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 23.17 lakhs to ₹ 22.59 lakhs. Based on an analysis of the first four prices and the last two months the average price has risen strongly 158 % 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 ₹ 23.51 lakhs they are 19 % more affordable than the average price for Allahabad. The properties with the highest average price have 4 BHK, Their price is 246 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 47.97 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 3,268 / sq.foot, with an average ₹ 5,978 / sq.foot price in Allahabad. The properties with the highest average prices have 2 BHK. They are 89 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 5,036 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 23.51 lakhs it is 53 % cheaper than the average price in Allahabad. "Villa" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of ₹ 61.61 lakhs it is 779 % 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 ₹ 1,139 / sq.foot followed by "Villa" priced at ₹ 3,792 / sq.foot. "Commercial" is the most costly type of property with a ₹ 8.58 lakhs / sq.foot cost followed by "House" with an average price of ₹ 4,168 / sq.foot.
