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 November, the average price per sq.foot was ₹ 5.55 lakhs. In the following month the price per sq.foot increased considerably to ₹ 7.35 lakhs. The price for the following two months in (January, February) had a considerable decrease of 84 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 2 % 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 ₹ 5.95 lakhs to ₹ 11,934 during March, and April.
Based upon to the price in Mahbubnagar (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is ₹ 1.64 crores. During December the price went through a considerable rise reaching ₹ 2.08 crores. During the following two months (January, February) the average price had a considerable reduction of 69 % 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 ₹ 1.58 crores to ₹ 32.91 lakhs, which means a 21 % fall.
The graph showing the average price for BHK displays the property with the lowest price has 1 BHK. It is 17 % cheaper than the average price of ₹ 27.38 lakhs in Mahbubnagar. Based on the BHK values, properties with the lowest prices are those with 1 BHK. They are 17 % more affordable than the average aforementioned.
With regard to the average prices per sq.foot those properties with 1 BHK are 84 % cheaper than the average price of (₹ 1,892 / 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 84 % 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 ₹ 27.38 lakhs, they are 17 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 17 % 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 ₹ 1,892 / sq.foot. "Land" with an average cost of ₹ 1,892 / sq.foot has the lowest price and would be directed at less affluent cities.