The prices in real estate in Mira Bhayandar, in the Maharashtra 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 Mira Bhayandar has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 14,428. In the following month the price per sq.foot decreased to ₹ 13,188. The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 0 % 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 ₹ 10,354 to during February, and March.
Based upon to the price in Mira Bhayandar (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 73.93 lakhs. During November the price had a slight fall till ₹ 69.67 lakhs. During the following two months (December, January) the average price had a considerable reduction of 53 % 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 ₹ 54.84 lakhs to , which means a 0 % fall.