The prices in real estate in Nagpur, in the Maharashtra region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.foot in Nagpur has remained the same in the last 6 months. In September, the average price per sq.foot was ₹ 2,449. In the following month the price per sq.foot decreased to ₹ 2,209. In the following two months the price per sq.foot has barely changed, going from ₹ 2,329 to ₹ 2,311 per sq.foot. The price per sq.foot has increased 110 % 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 ₹ 2,320 to ₹ 2,560.5 during January, and February.
Based upon to the price in Nagpur (cities), these have remained the same in the last 6 months. The average price for September is ₹ 30.61 lakhs. During October the price had a slight fall till ₹ 27.57 lakhs. During the following two months (November, December) the price has had an average incrementation from ₹ 29.09 lakhs to ₹ 30.76 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the most costly ones. At a price of ₹ 30.76 lakhs they are 28 % more expensive than the average price for Nagpur. Following this ranking we find those properties with 2 at an average price of ₹ 44.37 lakhs. The properties with the highest average price have 4 BHK, Their price is 699 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 71.61 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the most costly ones at a cost of ₹ 3,990 / sq.foot, with an average ₹ 2,396 / sq.foot price in Nagpur. The properties with the highest average prices have 4 BHK. They are 272 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 5,200 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 30.76 lakhs it is 28 % cheaper than the average price in Nagpur. "Flat" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of ₹ 1.04 crores it is 270 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 1,662 / sq.foot followed by "Villa" priced at ₹ 3,716 / sq.foot. "Office" is the most costly type of property with a ₹ 5,623 / sq.foot cost followed by "House" with an average price of ₹ 5,448 / sq.foot.