Property prices for sale in Mysore (Karnataka)
The prices in real estate in Mysore, in the Karnataka 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 Mysore has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 2,503. In the following month the price per sq.foot decreased considerably to ₹ 2,122. The price for the following two months in (December, January) had a considerable increment of 120 %. The price per sq.foot has had a considerable increase of 155 % 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 ₹ 2,549.25 to ₹ 3,939.5 during February, and March.
Based upon to the price in Mysore (cities), this has gone up considerably in the last 6 months. The average price for October is ₹ 32.54 lakhs. During November the price had a considerable reduction till ₹ 26.02 lakhs. During the following two months (December, January) the average price had a considerable increase of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 208 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 75.99 lakhs they are 50 % more affordable than the average price for Mysore. The properties with the highest average price have 4 BHK, Their price is 80 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 98.2 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the most costly ones at a cost of ₹ 5,744 / sq.foot, with an average ₹ 4,267 / sq.foot price in Mysore. The properties with the highest average prices have 3 BHK. They are 48 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 5,980 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 75.99 lakhs it is 43 % cheaper than the average price in Mysore. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Villa". At a price of ₹ 1.18 crores it is 210 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 2,464 / sq.foot followed by "House" priced at ₹ 5,925 / sq.foot. "Commercial" is the most costly type of property with a ₹ 18,757 / sq.foot cost followed by "Villa" with an average price of ₹ 7,972 / sq.foot.
