Property prices for sale in Chandigarh (Union Territory Of Chandigarh)
The prices in real estate in Chandigarh, in the Union Territory Of Chandigarh 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 Chandigarh has increased during the last 6 months. In August, the average price per sq.foot was ₹ 5,151. In the following month the price per sq.foot increased to ₹ 5,875. The price for the following two months in (October, November) had a considerable increment of 118 %. The price per sq.foot has had a considerable deflation of 74 % 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 ₹ 6,010.25 to ₹ 4,426.5 during December, and January.
Based upon to the price in Chandigarh (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during August, is ₹ 1.11 crores. During September the price went through a considerable rise reaching ₹ 1.35 crores. During the following two months (October, November) the average price had a considerable reduction of 54 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 94.81 lakhs to ₹ 73.23 lakhs, which means a 77 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 72.92 lakhs they are 73 % more affordable than the average price for Chandigarh. The properties with the highest average price have 4 BHK, Their price is 75 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 61.4 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,464 / sq.foot, with an average ₹ 4,574 / sq.foot price in Chandigarh. The properties with the highest average prices have 4 BHK. They are 104 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 4,048 / sq.foot.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of ₹ 72.92 lakhs it is 38 % cheaper than the average price in Chandigarh. "Flat" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of ₹ 1.91 crores it is 451 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 3,707 / sq.foot followed by "Office" priced at ₹ 6,107 / sq.foot. "House" is the most costly type of property with a ₹ 34,047 / sq.foot cost followed by "Commercial" with an average price of ₹ 13,333 / sq.foot.
