The prices in real estate in Chittaurgarh, in the Rajasthan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.foot in Chittaurgarh has increased strongly during the last 6 months. In November, the average price per sq.foot was ₹ 570. In the following month the price per sq.foot increased considerably to ₹ 8,485. The price for the following two months in (January, February) had a considerable increment of 187 %. 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 ₹ 6,506.25 to ₹ 4,821 during March, and April.
Based upon to the price in Chittaurgarh (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is ₹ 10.15 lakhs. During December the price went through a considerable rise reaching ₹ 41.24 lakhs. During the following two months (January, February) the average price had a considerable increase of 160 % 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 ₹ 33.47 lakhs to ₹ 27.49 lakhs, which means a 82 % fall.