Property prices for sale in Guntur (Andhra Pradesh)
The prices in real estate in Guntur, in the Andhra Pradesh 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 Guntur has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 3,365. In the following month the price per sq.foot increased considerably to ₹ 4,760. In the following two months the price per sq.foot has barely changed, going from ₹ 4,062.5 to ₹ 4,264.5 per sq.foot. The price per sq.foot has had a considerable increase of 152 % 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 ₹ 4,163.5 to ₹ 6,322.5 during February, and March.
Based upon to the price in Guntur (cities), these have remained the same in the last 6 months. The average price for October is ₹ 51.98 lakhs. During November the price had a considerable reduction till ₹ 41.09 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 46.53 lakhs to ₹ 53.4 lakhs. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₹ 49.97 lakhs and ₹ 51 lakhs between February and March.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 55.01 lakhs they are 50 % more affordable than the average price for Guntur. The properties with the highest average price have 4 BHK, Their price is 72 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 64.57 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 3,282 / sq.foot, with an average ₹ 4,583 / sq.foot price in Guntur. The properties with the highest average prices have 4 BHK. They are 242 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 5,961 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 55.01 lakhs it is 71 % cheaper than the average price in Guntur. "Commercial" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of ₹ 44.99 lakhs it is 48 % 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 ₹ 1,002 / sq.foot followed by "Commercial" priced at ₹ 1,990 / sq.foot. "Villa" is the most costly type of property with a ₹ 9,099 / sq.foot cost followed by "House" with an average price of ₹ 3,387 / sq.foot.
