The prices in real estate in Lucknow, in the Uttar Pradesh 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 Lucknow has fallen in the last 6 months. In May, the average price per sq.foot was ₹ 1,879. In the following month the price per sq.foot increased to ₹ 2,025. The price for the following two months in (July, August) decreased 92 % with regard to the prior two months. The price per sq.foot has had a considerable deflation of 84 % 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 ₹ 1,872.5 to ₹ 1,570.5 during September, and October.
Based upon to the price in Lucknow (cities), these have remained the same in the last 6 months. The average price during our first sample month during May, is ₹ 23.05 lakhs. During June the price went through a considerable rise reaching ₹ 27.61 lakhs. During the following two months (July, August) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from ₹ 23.56 lakhs to ₹ 20.63 lakhs in September and October.
The graph showing the average price for BHK displays the property with the lowest price has 1 BHK. It is 0 % cheaper than the average price of ₹ 17.6 lakhs in Lucknow. Based on the BHK values, properties with the lowest prices are those with 1 BHK. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.foot those properties with 1 BHK are 0 % cheaper than the average price of (₹ 1,452 / sq.foot) in Lucknow. Properties with the most affordable price based upon to the number of BHK / sq.foot are those with 1 BHK. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Lucknow we can see that the cheapest property type is "Land" at a price of ₹ 17.6 lakhs, they are 0 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.foot the cheapest property type is "Land with an average price of ₹ 1,452 / sq.foot. "Land" with an average cost of ₹ 1,452 / sq.foot has the lowest price and would be directed at less affluent cities.