Property prices for sale in Kullu (Himachal Pradesh)
The prices in real estate in Kullu, in the Himachal Pradesh 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 Kullu has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 1,986. In the following month the price per sq.foot increased considerably to ₹ 3,521. The price for the following two months in (December, January) had a considerable increment of 242 %. The price per sq.foot has had a considerable deflation of 66 % 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 ₹ 4,705.5 to ₹ 3,089 during February, and March.
Based upon to the price in Kullu (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 1.88 crores. During November the price went through a considerable rise reaching ₹ 3.4 crores. During the following two months (December, January) the average price had a considerable increase of 139 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 3.16 crores to ₹ 1.33 crores, which means a 42 % fall.
