Property prices for sale in Bhubaneswar (Orissa)

The prices in real estate in Bhubaneswar, in the Orissa region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

₹ 33.29 lakhs
Average price last 6 months
₹ 2,233.5
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Bhubaneswar has fallen in the last 6 months. In September, the average price per sq.foot was ₹ 2,367. In the following month the price per sq.foot decreased to ₹ 2,140. The price for the following two months in (November, December) decreased 89 % with regard to the prior two months. The price per sq.foot has increased 114 % 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 ₹ 2,131.25 to ₹ 2,438 during January, and February.

Average price

Based upon to the price in Bhubaneswar (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is ₹ 32.6 lakhs. In October This price remains at ₹ 32.57 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 32.59 lakhs to ₹ 32.01 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.

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 ₹ 31.67 lakhs they are 39 % more affordable than the average price for Bhubaneswar. The properties with the highest average price have 4 BHK, Their price is 173 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 50.89 lakhs.

With regard to the average price per sq.foot , those properties with 1 BHK are the most costly ones at a cost of ₹ 2,746 / sq.foot, with an average ₹ 2,173 / sq.foot price in Bhubaneswar. The properties with the highest average prices have 4 BHK. They are 72 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 3,231 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 31.67 lakhs it is 47 % cheaper than the average price in Bhubaneswar. "Apartment" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of ₹ 50.3 lakhs it is 86 % more expensive than the average price.

According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 768 / sq.foot followed by "Office" priced at ₹ 2,455 / sq.foot. "Apartment" is the most costly type of property with a ₹ 3,020 / sq.foot cost followed by "Villa" with an average price of ₹ 2,781 / sq.foot.

Charts data
Average price February
Average price per sq.foot February
Number of properties used in Bhubaneswar
Number of properties used in region Orissa
₹ 31.67 lakhs
₹ 2,173
11,572
14,870
** 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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