The prices in real estate in Haridwar, in the Uttarakhand region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.foot in Haridwar has increased during the last 6 months. In October, the average price per sq.foot was ₹ 3,712. In the following month the price per sq.foot increased to ₹ 3,981. In the following two months the price per sq.foot has barely changed, going from ₹ 3,846.5 to ₹ 3,942.5 per sq.foot. The price per sq.foot has increased 107 % 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 ₹ 3,894.5 to ₹ 4,151.5 during February, and March.
Based upon to the price in Haridwar (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is ₹ 41.48 lakhs. In November This price remains at ₹ 39.99 lakhs. During the following two months (December, January) the average price fell 94 % 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 110 % 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 ₹ 47.86 lakhs they are 50 % more affordable than the average price for Haridwar. The properties with the highest average price have 3 BHK, Their price is 56 % more costly than the average. After that we have properties with 4 BHK priced at ₹ 42.01 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,607 / sq.foot, with an average ₹ 4,163 / sq.foot price in Haridwar. The properties with the highest average prices have 4 BHK. They are 5 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 4,308 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 47.86 lakhs it is 70 % cheaper than the average price in Haridwar. "Villa" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Villa". At a price of ₹ 25.77 lakhs it is 39 % more affordable than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 1,034 / sq.foot followed by "House" priced at ₹ 3,263 / sq.foot. "Villa" is the cheapest type of property with a ₹ 3,311 / sq.foot value followed by "House" with an average price of ₹ 3,263 / sq.foot.