Property prices for sale in Gulbarga (Karnataka)
The prices in real estate in Gulbarga, in the Karnataka 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 Gulbarga has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 11.69 lakhs. In the following month the price per sq.foot decreased considerably to ₹ 8,005. The price for the following two months in (December, January) had a considerable decrease of 0 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 1 % 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 ₹ 2.96 lakhs to ₹ 2,972.5 during February, and March.
Based upon to the price in Gulbarga (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 75 lakhs. During November the price had a considerable reduction till ₹ 47 lakhs. During the following two months (December, January) the average price fell 87 % 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 gone up 107 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 4 BHK are the cheapest ones. At a price of ₹ 90.65 lakhs they are 72 % more affordable than the average price for Gulbarga. The properties with the lowest average price have 1 BHK, Their price is 71 % cheaper than the average. After that we have properties with 2 BHK priced at ₹ 26.33 lakhs.
With regard to the average price per sq.foot , those properties with 4 BHK are the cheapest ones at a cost of ₹ 1,319 / sq.foot, with an average ₹ 4,103 / sq.foot price in Gulbarga. The properties with the lowest average prices have 1 BHK. They are 66 % cheaper than the average followed by properties with 2 BHK with a price at ₹ 1,373 / sq.foot.
With regard to the average price based upon the property in Gulbarga we can see that the cheapest property type is "Land" at a price of ₹ 25.63 lakhs, they are 72 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 72 % more affordable than the average price aforementioned.
According to the average area cost by sq.foot the cheapest property type is "Land with an average price of ₹ 1,319 / sq.foot. "Land" with an average cost of ₹ 1,319 / sq.foot has the lowest price and would be directed at less affluent cities.
