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 October, the average price per sq.foot was ₹ 728. In the following month the price per sq.foot decreased to ₹ 679. The price for the following two months in (December, January) had a considerable increment of 226 %. The price per sq.foot has had a considerable increase of 368 % 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 ₹ 1,146 to ₹ 4,218.5 during February, and March.
Based upon to the price in Gorakhpur (cities), this has gone up considerably in the last 6 months. The average price for October is ₹ 9 lakhs. During November the price had a slight fall till ₹ 8.43 lakhs. During the following two months (December, January) the average price had a considerable increase of 204 % 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 534 % 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 ₹ 73.91 lakhs they are 92 % more affordable than the average price for Gorakhpur. The properties with the lowest average price have 1 BHK, Their price is 92 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 5.84 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 541 / sq.foot, with an average ₹ 4,266 / 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 ₹ 541 / 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 ₹ 5.84 lakhs, they are 92 % more affordable than the average price of (!PRECIO2!). "Flat" has the lowest price. This price is 92 % 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 ₹ 541 / sq.foot. "Flat" with an average cost of ₹ 541 / sq.foot has the lowest price and would be directed at less affluent cities.