The prices in real estate in Anantapur, in the Andhra Pradesh 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 Anantapur has had a strong decrease during the last 6 months. In November, the average price per sq.foot was ₹ 19,541. In the following month the price per sq.foot increased considerably to ₹ 25,158. The price for the following two months in (January, February) had a considerable decrease of 41 with regard to the prior two months. The price per sq.foot has had a considerable increase of 124 % 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 ₹ 15,715.75 to ₹ 19,419 during March, and April.
Based upon to the price in Anantapur (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is ₹ 37.12 lakhs. In December This price remains at ₹ 37.83 lakhs. During the following two months (January, February) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₹ 36.38 lakhs and ₹ 36.11 lakhs between March and April.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 37.09 lakhs they are 38 % more affordable than the average price for Anantapur. The properties with the lowest average price have 1 BHK, Their price is 2 % cheaper than the average. After that we have properties with 2 BHK priced at ₹ 22.95 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 1,865 / sq.foot, with an average ₹ 19,521 / sq.foot price in Anantapur. The properties with the lowest average prices have 1 BHK. They are 85 % cheaper than the average followed by properties with 2 BHK with a price at ₹ 1,865 / sq.foot.
With regard to the average price based upon the property in Anantapur we can see that the cheapest property type is "Villa" at a price of ₹ 22.95 lakhs, they are 38 % more affordable than the average price of (!PRECIO2!). "Villa" has the lowest price. This price is 38 % more affordable than the average price aforementioned.
According to the average area cost by sq.foot the cheapest property type is "Villa with an average price of ₹ 1,865 / sq.foot. "Villa" with an average cost of ₹ 1,865 / sq.foot has the lowest price and would be directed at less affluent cities.