The prices in real estate in Cuttack, in the Orissa 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 Cuttack has remained the same in the last 6 months. In November, the average price per sq.foot was ₹ 5,311. In December this price pretty much remained the same at a value of ₹ 5,261 per sq.foot. In the following two months the price per sq.foot has barely changed, going from ₹ 5,286 to ₹ 5,264 per sq.foot. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 5,275 to ₹ 5,503.5 during March y April
Based upon to the price in Cuttack (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is ₹ 84.83 lakhs. In December This price remains at ₹ 82.4 lakhs. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₹ 80.51 lakhs and ₹ 83.85 lakhs between March and April.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 84.71 lakhs they are 62 % more affordable than the average price for Cuttack. The properties with the highest average price have 4 BHK, Their price is 24 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 65.12 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 3,351 / sq.foot, with an average ₹ 5,503 / sq.foot price in Cuttack. The properties with the lowest average prices have 4 BHK. They are 22 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 4,015 / sq.foot.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of ₹ 84.71 lakhs it is 79 % cheaper than the average price in Cuttack. "House" is seen as the second most affordable property type. The cheapest type property is "Flat" followed by "Villa". At a price of ₹ 33.24 lakhs it is 2 % more affordable than the average price.
According to the average cost per sq.foot, the cheapest property type is "House" at an average cost of ₹ 701 / sq.foot followed by "Farm" priced at ₹ 969 / sq.foot. "Flat" is the cheapest type of property with a ₹ 4,957 / sq.foot value followed by "Villa" with an average price of ₹ 2,827 / sq.foot.