The prices in real estate in Badlapur, 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 Badlapur has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 5,429. In the following month the price per sq.foot increased considerably to ₹ 8,036. In the following two months the price per sq.foot has increased 108 %, going from ₹ 6,732.5 to ₹ 7,240.5 per sq.foot. 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 ₹ 6,986.5 to ₹ 6,976.5 during February y March
Based upon to the price in Badlapur (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 22.4 lakhs. During November the price went through a considerable rise reaching ₹ 28.23 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 25.32 lakhs to ₹ 27.87 lakhs. 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 ₹ 26.59 lakhs and ₹ 26.76 lakhs between February and March.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 26.54 lakhs they are 8 % more affordable than the average price for Badlapur. The properties with the highest average price have 3 BHK, Their price is 278 % more costly than the average. After that we have properties with 4 BHK priced at ₹ 72.93 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,948 / sq.foot, with an average ₹ 7,033 / sq.foot price in Badlapur. 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 ₹ 7,708 / sq.foot.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₹ 26.54 lakhs it is 43 % cheaper than the average price in Badlapur. "Flat" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Flat". At a price of ₹ 15.8 lakhs it is 19 % more affordable than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 4,233 / sq.foot followed by "House" priced at ₹ 4,265 / sq.foot. "Commercial" is the cheapest type of property with a ₹ 5,390 / sq.foot value followed by "House" with an average price of ₹ 4,265 / sq.foot.