Property prices for sale in Gwalior (Madhya Pradesh)
The prices in real estate in Gwalior, in the Madhya 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 Gwalior has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 3,616. In the following month the price per sq.foot decreased considerably to ₹ 2,870. The price for the following two months in (December, January) had a considerable increment of 197 %. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 4,815.25 to ₹ 4,826.5 during February y March
Based upon to the price in Gwalior (cities), this has gone up considerably in the last 6 months. The average price for October is ₹ 41.01 lakhs. During November the price had a considerable reduction till ₹ 32.73 lakhs. During the following two months (December, January) the average price had a considerable increase of 150 % 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 123 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 49.26 lakhs they are 63 % more affordable than the average price for Gwalior. The properties with the highest average price have 4 BHK, Their price is 2 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 39.85 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,156 / sq.foot, with an average ₹ 3,598 / sq.foot price in Gwalior. The properties with the lowest average prices have 2 BHK. They are 5 % cheaper than the average followed by properties with 4 BHK with a price at ₹ 3,346 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 49.26 lakhs it is 70 % cheaper than the average price in Gwalior. "Office" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Villa". At a price of ₹ 48.48 lakhs it is 65 % 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 ₹ 1,396 / sq.foot followed by "Office" priced at ₹ 3,263 / sq.foot. "Commercial" is the most costly type of property with a ₹ 8,003 / sq.foot cost followed by "Villa" with an average price of ₹ 3,525 / sq.foot.
