Property prices for sale in Amritsar (Punjab)

The prices in real estate in Amritsar, in the Punjab 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.

₹ 93.4 lakhs
Average price last 6 months
₹ 17,852.67
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Amritsar has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 14,368. In the following month the price per sq.foot increased considerably to ₹ 21,653. The price for the following two months in (December, January) had a considerable increment of 155 %. The price per sq.foot has had a considerable deflation of 33 % 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 ₹ 22,994.5 to ₹ 7,569 during February, and March.

Average price

Based upon to the price in Amritsar (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is ₹ 1.67 crores. In November This price remains at ₹ 1.6 crores. During the following two months (December, January) the average price had a considerable reduction of 46 % 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 ₹ 1.19 crores to ₹ 42.12 lakhs, which means a 35 % fall.

Average price per BHK

The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 40.5 lakhs they are 60 % more affordable than the average price for Amritsar. The properties with the highest average price have 4 BHK, Their price is 70 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 40 lakhs.

With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 2,462 / sq.foot, with an average ₹ 7,227 / sq.foot price in Amritsar. The properties with the highest average prices have 4 BHK. They are 6 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 4,992 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 40.5 lakhs it is 37 % cheaper than the average price in Amritsar. "House" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Villa". At a price of ₹ 1.71 crores it is 2548 % 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 ₹ 2,368 / sq.foot followed by "Farm" priced at ₹ 4,814 / sq.foot. "Office" is the most costly type of property with a ₹ 2.62 lakhs / sq.foot cost followed by "Villa" with an average price of ₹ 64,414 / sq.foot.

Charts data
Average price March
Average price per sq.foot March
Number of properties used in Amritsar
Number of properties used in region Punjab
₹ 40.5 lakhs
₹ 7,227
174
81,402
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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