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 November, the average price per sq.foot was ₹ 3,698. In the following month the price per sq.foot increased to ₹ 4,064. The price for the following two months in (January, February) had a considerable increment of 214 %. The price per sq.foot has had a considerable increase of 198 % 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 ₹ 6,097.5 to ₹ 12,075 during March, and April.
Based upon to the price in Jetpur (cities), this has gone downing the last 6 months. The average price for November is ₹ 50.82 lakhs. During December the price had a slight fall till ₹ 46.62 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 48.72 lakhs to ₹ 47.56 lakhs. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from ₹ 48.14 lakhs to ₹ 43.35 lakhs in March and April.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 42.2 lakhs they are 43 % more affordable than the average price for Jetpur. The properties with the highest average price have 4 BHK, Their price is 80 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 56.38 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 3,516 / sq.foot, with an average ₹ 12,218 / sq.foot price in Jetpur. The properties with the lowest average prices have 4 BHK. They are 14 % cheaper than the average followed by properties with 1 BHK with a price at ₹ 3,823 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 42.2 lakhs it is 26 % cheaper than the average price in Jetpur. "Flat" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Commercial". At a price of ₹ 1.2 crores it is 196 % 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 ₹ 3,552 / sq.foot followed by "Land" priced at ₹ 19,951 / sq.foot. "Office" is the most costly type of property with a ₹ 90,699 / sq.foot cost followed by "House" with an average price of ₹ 32,863 / sq.foot.