The prices in real estate in Mahbubnagar, in the Andhra Pradesh region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.foot in Mahbubnagar has had a strong decrease during the last 6 months. In June, the average price per sq.foot was ₹ 40.04 lakhs. In the following month the price per sq.foot decreased considerably to ₹ 6,975. The price for the following two months in (August, September) had a considerable decrease of 0 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 1 % 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 ₹ 10.07 lakhs to ₹ 7,676 during October, and November.
Based upon to the price in Mahbubnagar (cities), this has fallen considerably in the last 6 months. The average price for June is ₹ 64.25 lakhs. During July the price had a considerable reduction till ₹ 38.02 lakhs. During the following two months (August, September) the average price had a considerable reduction of 48 % 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 ₹ 37.77 lakhs to ₹ 24.03 lakhs, which means a 64 % fall.
The graph showing the average price for BHK displays the property with the lowest price has 1 BHK. It is 14 % cheaper than the average price of ₹ 26.89 lakhs in Mahbubnagar. Based on the BHK values, properties with the lowest prices are those with 1 BHK. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.foot those properties with 1 BHK are 86 % cheaper than the average price of (₹ 1,856 / 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 86 % 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 ₹ 26.89 lakhs, they are 14 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 14 % 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 ₹ 1,856 / sq.foot. "Land" with an average cost of ₹ 1,856 / sq.foot has the lowest price and would be directed at less affluent cities.