The prices in real estate in Jamnagar, in the Gujarat region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.foot in Jamnagar has remained the same in the last 6 months. In October, the average price per sq.foot was ₹ 2,602. In the following month the price per sq.foot increased to ₹ 2,929. In the following two months the price per sq.foot has barely changed, going from ₹ 2,765.5 to ₹ 2,766 per sq.foot. The price per sq.foot has decreased 92 % 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 ₹ 2,765.75 to ₹ 2,540 during February, and March.
Based upon to the price in Jamnagar (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 28.81 lakhs. During November the price went through a considerable rise reaching ₹ 47.57 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 38.19 lakhs to ₹ 40.87 lakhs. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 39.53 lakhs to ₹ 29.59 lakhs, which means a 75 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 32.83 lakhs they are 10 % more affordable than the average price for Jamnagar. The properties with the highest average price have 4 BHK, Their price is 101 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 40.55 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the most costly ones at a cost of ₹ 2,664 / sq.foot, with an average ₹ 2,510 / sq.foot price in Jamnagar. The properties with the highest average prices have 1 BHK. They are 88 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 4,579 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 32.83 lakhs it is 60 % cheaper than the average price in Jamnagar. "Farm" is seen as the second most affordable property type. The dearest property type is "Flat" followed by "House". At a price of ₹ 37.83 lakhs it is 91 % more expensive than the average price.
According to the average cost per sq.foot, the most expensive property type would be "House" at an average cost of ₹ 3,090 / sq.foot followed by "Farm" priced at ₹ 3,281 / sq.foot. "Land" is the most costly type of property with a ₹ 5.09 lakhs / sq.foot cost followed by "Flat" with an average price of ₹ 6,931 / sq.foot.