Property prices for sale in Kolkata (West Bengal)
The prices in real estate in Kolkata, in the West Bengal region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.foot in Kolkata has fallen in the last 6 months. In March, the average price per sq.foot was ₹ 3,783. In the following month the price per sq.foot decreased considerably to ₹ 3,059. The price for the following two months in (May, June) had a considerable decrease of 75 with regard to the prior two months. The price per sq.foot has had a considerable increase of 132 % 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 ₹ 2,999 to ₹ 3,952 during July, and August.
Based upon to the price in Kolkata (cities), this has fallen considerably in the last 6 months. The average price for March is ₹ 46.7 lakhs. During April the price had a considerable reduction till ₹ 34.57 lakhs. During the following two months (May, June) the average price fell 86 % 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 gone up 114 % 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 ₹ 45.78 lakhs they are 35 % more affordable than the average price for Kolkata. The properties with the highest average price have 4 BHK, Their price is 246 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 87.07 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the most costly ones at a cost of ₹ 4,793 / sq.foot, with an average ₹ 4,295 / sq.foot price in Kolkata. The properties with the highest average prices have 4 BHK. They are 56 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 6,339 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 45.78 lakhs it is 40 % cheaper than the average price in Kolkata. "Flat" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Office". At a price of ₹ 1.38 crores it is 2559 % 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 ₹ 1,420 / sq.foot followed by "Flat" priced at ₹ 4,412 / sq.foot. "Commercial" is the most costly type of property with a ₹ 12,888 / sq.foot cost followed by "Office" with an average price of ₹ 8,602 / sq.foot.
