Property prices for sale in Alwar (Rajasthan)
The prices in real estate in Alwar, in the Rajasthan 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 Alwar has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 7,828. In the following month the price per sq.foot decreased considerably to ₹ 2,548. The price for the following two months in (December, January) had a considerable decrease of 77 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 77 % 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 ₹ 4,599.25 to ₹ 3,559 during February, and March.
Based upon to the price in Alwar (cities), these have remained the same in the last 6 months. The price in October is ₹ 81.8 lakhs, rising in November till ₹ 90.9 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 86.35 lakhs to ₹ 96.81 lakhs. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 91.58 lakhs to ₹ 67.4 lakhs, which means a 74 % fall.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 41.71 lakhs they are 46 % more affordable than the average price for Alwar. The properties with the highest average price have 4 BHK, Their price is 32 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 41.42 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 2,496 / sq.foot, with an average ₹ 2,523 / sq.foot price in Alwar. The properties with the highest average prices have 1 BHK. They are 111 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 4,187 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 41.71 lakhs it is 50 % cheaper than the average price in Alwar. "Villa" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of ₹ 79.48 lakhs it is 1220 % 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 ₹ 2,448 / sq.foot followed by "House" priced at ₹ 3,582 / sq.foot. "Commercial" is the most costly type of property with a ₹ 15,571 / sq.foot cost followed by "Villa" with an average price of ₹ 4,128 / sq.foot.
