The prices in real estate in Nanded, 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 Nanded has had a strong decrease during the last 6 months. In November, the average price per sq.foot was ₹ 1,926. In December this price pretty much remained the same at a value of ₹ 1,926 per sq.foot. The price for the following two months in (January, February) had a considerable decrease of 74 with regard to the prior two months. The price per sq.foot has decreased 85 % 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 ₹ 1,679 to ₹ 1,432 during March, and April.
Based upon to the price in Nanded (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is ₹ 26.92 lakhs. In December This price remains at ₹ 26.92 lakhs. During the following two months (January, February) the price has had an average incrementation from ₹ 26.92 lakhs to ₹ 29.99 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 3 BHK are the most costly ones. At a price of ₹ 29.99 lakhs they are 28 % more expensive than the average price for Nanded. Following this ranking we find those properties with 2 at an average price of ₹ 39.11 lakhs. The properties with the highest average price have 1 BHK, Their price is 31 % more costly than the average. After that we have properties with 2 BHK priced at ₹ 39.11 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the most costly ones at a cost of ₹ 2,141 / sq.foot, with an average ₹ 1,432 / sq.foot price in Nanded. The properties with the highest average prices have 1 BHK. They are 54 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 2,195 / sq.foot.
With regard to the average price based upon the property in Nanded we can see that most expensive property type is "Villa" at a price of ₹ 38.42 lakhs, they are 28 % more costly than the average price of (!PRECIO2!). "Villa" has the highest price. This price is 28 % more expensive than the average price aforementioned.
According to the average area price by sq.foot the most costly property type is "Villa with an average price of ₹ 2,141 / sq.foot. "Villa" at an average price of ₹ 2,141 / sq.foot has the most expensive price and would be directed at more affluent cities.