The prices in real estate in Chandigarh, in the Union Territory Of Chandigarh region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.foot in Chandigarh has remained the same in the last 6 months. In April, the average price per sq.foot was ₹ 7,074. In the following month the price per sq.foot decreased considerably to ₹ 5,614. The price for the following two months in (June, July) had a considerable increment of 134 %. 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 ₹ 7,425.5 to ₹ 5,513 during August, and September.
Based upon to the price in Chandigarh (cities), this has gone up considerably in the last 6 months. The average price for April is ₹ 65.11 lakhs. During May the price had a slight fall till ₹ 60.22 lakhs. During the following two months (June, July) the average price had a considerable increase of 136 % 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 166 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 1.35 crores they are 62 % more affordable than the average price for Chandigarh. The properties with the highest average price have 4 BHK, Their price is 13 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 70.22 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 5,142 / sq.foot, with an average ₹ 5,875 / sq.foot price in Chandigarh. The properties with the highest average prices have 1 BHK. They are 8 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 6,129 / sq.foot.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of ₹ 1.35 crores it is 78 % 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 ₹ 3.26 crores it is 254 % 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 ₹ 5,567 / sq.foot followed by "Office" priced at ₹ 7,511 / sq.foot. "House" is the most costly type of property with a ₹ 22,153 / sq.foot cost followed by "Commercial" with an average price of ₹ 13,530 / sq.foot.