Property prices for sale in Durg (Chhattisgarh)
The prices in real estate in Durg, in the Chhattisgarh 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 Durg has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 2,949. In the following month the price per sq.foot increased considerably to ₹ 3,815. In the following two months the price per sq.foot has increased 110 %, going from ₹ 3,382 to ₹ 3,722 per sq.foot. The price per sq.foot has had a considerable increase of 4820 % 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 ₹ 3,552 to ₹ 1.71 lakhs during February, and March.
Based upon to the price in Durg (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 40.6 lakhs. During November the price went through a considerable rise reaching ₹ 94.67 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 67.63 lakhs to ₹ 72.38 lakhs. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 70 lakhs to ₹ 42.38 lakhs, which means a 61 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 43.64 lakhs they are 67 % more affordable than the average price for Durg. The properties with the highest average price have 4 BHK, Their price is 57 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 40.98 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 2,463 / sq.foot, with an average ₹ 3.41 lakhs / sq.foot price in Durg. The properties with the lowest average prices have 4 BHK. They are 99 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 2,624 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 43.64 lakhs it is 66 % cheaper than the average price in Durg. "House" is seen as the second most affordable property type. The dearest property type is "Row House" followed by "Commercial". At a price of ₹ 55.27 lakhs it is 49 % 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 ₹ 863 / sq.foot followed by "House" priced at ₹ 2,791 / sq.foot. "Commercial" is the cheapest type of property with a ₹ 7,960 / sq.foot value followed by "Row House" with an average price of ₹ 3,733 / sq.foot.
