The prices in real estate in Gorakhpur, in the Haryana 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 Gorakhpur has increased strongly during the last 6 months. In September, the average price per sq.foot was ₹ 709. In October this price pretty much remained the same at a value of ₹ 728 per sq.foot. The price for the following two months in (November, December) had a considerable increment of 170 %. The price per sq.foot has had a considerable increase of 288 % 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 ₹ 969.5 to ₹ 2,793 during January, and February.
Based upon to the price in Gorakhpur (cities), this has gone up considerably in the last 6 months. The price in September is ₹ 8.28 lakhs, rising in October till ₹ 9 lakhs. During the following two months (November, December) the average price had a considerable increase of 155 % 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 384 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 3 BHK are the cheapest ones. At a price of ₹ 67.41 lakhs they are 91 % more affordable than the average price for Gorakhpur. The properties with the lowest average price have 1 BHK, Their price is 91 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 5.85 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 542 / sq.foot, with an average ₹ 4,171 / sq.foot price in Gorakhpur. The properties with the lowest average prices have 1 BHK. They are 87 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 542 / sq.foot.
With regard to the average price based upon the property in Gorakhpur we can see that the cheapest property type is "Flat" at a price of ₹ 5.85 lakhs, they are 91 % more affordable than the average price of (!PRECIO2!). "Flat" has the lowest price. This price is 91 % more affordable than the average price aforementioned.
According to the average area cost by sq.foot the cheapest property type is "Flat with an average price of ₹ 542 / sq.foot. "Flat" with an average cost of ₹ 542 / sq.foot has the lowest price and would be directed at less affluent cities.