The prices in real estate in Jetpur, in the Gujarat 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 Jetpur has increased strongly during the last 6 months. In January, the average price per sq.foot was ₹ 3,369. In February this price pretty much remained the same at a value of ₹ 3,236 per sq.foot. In the following two months the price per sq.foot has increased 111 %, going from ₹ 3,302.5 to ₹ 3,677 per sq.foot. The price per sq.foot has had a considerable increase of 181 % 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 ₹ 3,489.75 to ₹ 6,332.5 during May, and June.
Based upon to the price in Jetpur (cities), this has gone up in the last 6 months. The average price during our first sample month during January, is ₹ 40.39 lakhs. During February the price went through a considerable rise reaching ₹ 50.38 lakhs. During the following two months (March, April) the average price fell 90 % with regard to the previous two months. 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 ₹ 43.13 lakhs and ₹ 42.35 lakhs between May and June.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 40.1 lakhs they are 55 % more affordable than the average price for Jetpur. The properties with the highest average price have 4 BHK, Their price is 145 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 54.21 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the most costly ones at a cost of ₹ 8,105 / sq.foot, with an average ₹ 6,165 / sq.foot price in Jetpur. The properties with the highest average prices have 1 BHK. They are 125 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 9,022 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 40.1 lakhs it is 48 % cheaper than the average price in Jetpur. "Flat" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Villa". At a price of ₹ 65.38 lakhs it is 1705 % 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 ₹ 2,060 / sq.foot followed by "Office" priced at ₹ 3,136 / sq.foot. "Commercial" is the most costly type of property with a ₹ 1.57 lakhs / sq.foot cost followed by "Flat" with an average price of ₹ 12,189 / sq.foot.