Property prices for sale in Bokaro (Jharkhand)
The prices in real estate in Bokaro, in the Jharkhand 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 Bokaro has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 2,895. In the following month the price per sq.foot decreased considerably to ₹ 1,473. The price for the following two months in (December, January) had a considerable decrease of 81 with regard to the prior two months. The price per sq.foot has had a considerable increase of 125 % 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 ₹ 1,975 to ₹ 2,469 during February, and March.
Based upon to the price in Bokaro (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 88.69 lakhs. During November the price had a considerable reduction till ₹ 27.26 lakhs. During the following two months (December, January) the average price had a considerable reduction of 45 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 4 BHK are the cheapest ones. At a price of ₹ 80.44 lakhs they are 40 % more affordable than the average price for Bokaro. The properties with the lowest average price have 1 BHK, Their price is 39 % cheaper than the average. After that we have properties with 2 BHK priced at ₹ 48.73 lakhs.
With regard to the average price per sq.foot , those properties with 4 BHK are the cheapest ones at a cost of ₹ 2,040 / sq.foot, with an average ₹ 3,269 / sq.foot price in Bokaro. The properties with the lowest average prices have 1 BHK. They are 36 % cheaper than the average followed by properties with 2 BHK with a price at ₹ 2,088 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 80.44 lakhs it is 41 % cheaper than the average price in Bokaro. "Villa" is seen as the second most affordable property type. The cheapest type property is "Flat" followed by "Villa". At a price of ₹ 47.86 lakhs it is 40 % more affordable than the average price.
According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 2,022 / sq.foot followed by "Villa" priced at ₹ 2,034 / sq.foot. "Flat" is the cheapest type of property with a ₹ 2,040 / sq.foot value followed by "Villa" with an average price of ₹ 2,034 / sq.foot.
