Property prices for sale in Amravati (Maharashtra)
The prices in real estate in Amravati, in the Maharashtra 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 Amravati has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 2,852. In the following month the price per sq.foot increased considerably to ₹ 3,904. The price for the following two months in (December, January) had a considerable increment of 20244 %. The price per sq.foot has had a considerable deflation of 1 % 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 ₹ 3.44 lakhs to ₹ 3,562.5 during February, and March.
Based upon to the price in Amravati (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 48.44 lakhs. During November the price went through a considerable rise reaching ₹ 73 lakhs. During the following two months (December, January) the average price had a considerable increase of 770 % 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 ₹ 2.64 crores to ₹ 46.76 lakhs, which means a 18 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 45.18 lakhs they are 71 % more affordable than the average price for Amravati. The properties with the highest average price have 4 BHK, Their price is 40 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 47.72 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 2,466 / sq.foot, with an average ₹ 3,390 / sq.foot price in Amravati. The properties with the highest average prices have 3 BHK. They are 17 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 3,477 / sq.foot.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₹ 45.18 lakhs it is 42 % cheaper than the average price in Amravati. "Villa" is seen as the second most affordable property type. The dearest property type is "Flat" followed by "Commercial". At a price of ₹ 38.43 lakhs it is 70 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "House" at an average cost of ₹ 1,261 / sq.foot followed by "Farm" priced at ₹ 1,924 / sq.foot. "Flat" is the most costly type of property with a ₹ 3,986 / sq.foot cost followed by "Villa" with an average price of ₹ 3,210 / sq.foot.
