The prices in real estate in Hubli, in the Karnataka 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 Hubli has increased during the last 6 months. In March, the average price per sq.foot was ₹ 1,436. In April this price pretty much remained the same at a value of ₹ 1,433 per sq.foot. The price for the following two months in (May, June) had a considerable increment of 117 %. 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 ₹ 1,559.25 to ₹ 1,618 during July y August
Based upon to the price in Hubli (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is ₹ 14.96 lakhs. In April This price remains at ₹ 14.65 lakhs. During the following two months (May, June) the average price had a considerable increase of 132 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from ₹ 17.17 lakhs to ₹ 14.68 lakhs in July and August.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the most costly ones. At a price of ₹ 13.15 lakhs they are 252 % more expensive than the average price for Hubli. Following this ranking we find those properties with 1 at an average price of ₹ 49.67 lakhs. The properties with the highest average price have 4 BHK, Their price is 1250 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 1.15 crores.
With regard to the average price per sq.foot , those properties with 2 BHK are the most costly ones at a cost of ₹ 4,166 / sq.foot, with an average ₹ 1,403 / sq.foot price in Hubli. The properties with the highest average prices have 3 BHK. They are 368 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 5,545 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of ₹ 13.15 lakhs it is 76 % more expensive than the average price in Hubli. "Farm" is seen as the second dearest property type. The dearest property type is "House" followed by "Villa". At a price of ₹ 90.86 lakhs it is 1068 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 1,325 / sq.foot followed by "Farm" priced at ₹ 1,400 / sq.foot. "House" is the most costly type of property with a ₹ 8,581 / sq.foot cost followed by "Villa" with an average price of ₹ 4,750 / sq.foot.