The prices in real estate in Mahbubnagar, in the Andhra 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 Mahbubnagar has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 7,436. In the following month the price per sq.foot increased considerably to ₹ 9,389. The price for the following two months in (December, January) had a considerable increment of 18586 %. The price per sq.foot has had a considerable deflation of 49 % 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 ₹ 7.86 lakhs to ₹ 3.82 lakhs during February, and March.
Based upon to the price in Mahbubnagar (cities), this has gone up considerably in the last 6 months. The price in October is ₹ 24.34 lakhs, rising in November till ₹ 26.13 lakhs. During the following two months (December, January) the average price had a considerable increase of 221 % 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 ₹ 40.46 lakhs to ₹ 21.7 lakhs, which means a 54 % fall.
The graph showing the average price for BHK displays the property with the lowest price has 1 BHK. It is 4 % cheaper than the average price of ₹ 26.57 lakhs in Mahbubnagar. Based on the BHK values, properties with the lowest prices are those with 1 BHK. They are 4 % more affordable than the average aforementioned.
With regard to the average prices per sq.foot those properties with 1 BHK are 100 % cheaper than the average price of (₹ 1,832 / sq.foot) in Mahbubnagar. Properties with the most affordable price based upon to the number of BHK / sq.foot are those with 1 BHK. They are 100 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Mahbubnagar we can see that the cheapest property type is "Land" at a price of ₹ 26.57 lakhs, they are 4 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 4 % 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 ₹ 1,832 / sq.foot. "Land" with an average cost of ₹ 1,832 / sq.foot has the lowest price and would be directed at less affluent cities.