The prices in real estate in Dehra Dun, in the Uttarakhand 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 Dehra Dun has had a strong decrease during the last 6 months. In June, the average price per sq.foot was ₹ 18,100. In the following month the price per sq.foot decreased considerably to ₹ 5,189. The price for the following two months in (August, September) had a considerable increment of 150 %. The price per sq.foot has had a considerable increase of 120 % 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 ₹ 14,527.25 to ₹ 17,436 during October, and November.
Based upon to the price in Dehra Dun (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is ₹ 31.49 lakhs. During July the price went through a considerable rise reaching ₹ 79.5 lakhs. During the following two months (August, September) the average price had a considerable reduction of 66 % 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 ₹ 46.1 lakhs to ₹ 36.21 lakhs, which means a 79 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the most costly ones. At a price of ₹ 34.48 lakhs they are 11 % more expensive than the average price for Dehra Dun. Following this ranking we find those properties with 2 at an average price of ₹ 64.22 lakhs. The properties with the highest average price have 4 BHK, Their price is 307 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 86.5 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 5,237 / sq.foot, with an average ₹ 16,790 / sq.foot price in Dehra Dun. The properties with the highest average prices have 4 BHK. They are 33 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 19,124 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 34.48 lakhs it is 23 % cheaper than the average price in Dehra Dun. "Farm" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Villa". At a price of ₹ 1.21 crores it is 630 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Farm" at an average cost of ₹ 2,440 / sq.foot followed by "Villa" priced at ₹ 5,223 / sq.foot. "Commercial" is the most costly type of property with a ₹ 82,687 / sq.foot cost followed by "Land" with an average price of ₹ 16,955 / sq.foot.