The prices in real estate in Bharuch, in the Gujarat region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.foot in Bharuch has increased during the last 6 months. In October, the average price per sq.foot was ₹ 3,027. In November this price pretty much remained the same at a value of ₹ 3,071 per sq.foot. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.foot has had a considerable increase of 158 % 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 ₹ 2,781.5 to ₹ 4,393 during February, and March.
Based upon to the price in Bharuch (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 27.97 lakhs. During November the price went through a considerable rise reaching ₹ 34.93 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 31.45 lakhs to ₹ 31.29 lakhs. Based on an analysis of the first four prices and the last two months the average price has risen strongly 253 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 25.36 lakhs they are 42 % more affordable than the average price for Bharuch. The properties with the highest average price have 4 BHK, Their price is 596 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 69.91 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 2,534 / sq.foot, with an average ₹ 2,869 / sq.foot price in Bharuch. The properties with the highest average prices have 4 BHK. They are 53 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 4,133 / sq.foot.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of ₹ 25.36 lakhs it is 5 % more expensive than the average price in Bharuch. "Flat" is seen as the second dearest property type. The dearest property type is "Villa" followed by "Office". At a price of ₹ 58.38 lakhs it is 2073 % 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 ₹ 2,535 / sq.foot followed by "Office" priced at ₹ 2,682 / sq.foot. "Villa" is the most costly type of property with a ₹ 27,438 / sq.foot cost followed by "Flat" with an average price of ₹ 5,178 / sq.foot.