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 December, the average price per sq.foot was ₹ 4,231. In the following month the price per sq.foot increased considerably to ₹ 24,351. The price for the following two months in (February, March) had a considerable increment of 137 %. The price per sq.foot has had a considerable increase of 312 % 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 ₹ 16,930.75 to ₹ 52,766.5 during April, and May.
Based upon to the price in Jetpur (cities), this has gone up considerably in the last 6 months. The price in December is ₹ 48.95 lakhs, rising in January till ₹ 52.49 lakhs. During the following two months (February, March) the average price had a considerable increase of 117 % 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 risen strongly 135 % 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 ₹ 77.58 lakhs they are 79 % more affordable than the average price for Jetpur. The properties with the highest average price have 4 BHK, Their price is 18 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 56.86 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 2,840 / sq.foot, with an average ₹ 60,647 / sq.foot price in Jetpur. The properties with the lowest average prices have 3 BHK. They are 92 % cheaper than the average followed by properties with 4 BHK with a price at ₹ 4,557 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 77.58 lakhs it is 52 % 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 "Office". At a price of ₹ 79.21 lakhs it is 58 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Villa" at an average cost of ₹ 4,130 / sq.foot followed by "Flat" priced at ₹ 7,802 / sq.foot. "Commercial" is the most costly type of property with a ₹ 92,992 / sq.foot cost followed by "House" with an average price of ₹ 54,068 / sq.foot.