The prices in real estate in Arrah, in the Bihar 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 Arrah has increased strongly during the last 6 months. In November, the average price per sq.foot was ₹ 1,494. In the following month the price per sq.foot increased to ₹ 1,693. The price for the following two months in (January, February) had a considerable increment of 122 %. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 1,770 to ₹ 1,837 during March y April
Based upon to the price in Arrah (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is ₹ 20.84 lakhs. In December This price remains at ₹ 21.83 lakhs. During the following two months (January, February) the price has had an average incrementation from ₹ 21.34 lakhs to ₹ 24.02 lakhs. Based on an analysis of the first four prices and the last two months the average price has risen strongly 145 % during the last two months.