Property prices for sale in New Delhi (National Capital Territory Of Delhi)
The prices in real estate in New Delhi, in the National Capital Territory Of Delhi 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 New Delhi has had a strong decrease during the last 6 months. In June, the average price per sq.foot was ₹ 42,294. In the following month the price per sq.foot decreased considerably to . The price for the following two months in (August, September) had a considerable decrease of 46 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 60 % 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 ₹ 15,486.5 to ₹ 9,290 during October, and November.
Based upon to the price in New Delhi (cities), this has fallen considerably in the last 6 months. The average price for June is ₹ 1.77 crores. During July the price had a considerable reduction till . During the following two months (August, September) the average price had a considerable reduction of 71 % 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 131 % 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 ₹ 79.74 lakhs they are 77 % more affordable than the average price for New Delhi. The properties with the highest average price have 4 BHK, Their price is 105 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 64.72 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 4,642 / sq.foot, with an average ₹ 8,110 / sq.foot price in New Delhi. The properties with the highest average prices have 4 BHK. They are 13 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 7,387 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most costly one. At an cost of ₹ 79.74 lakhs it is 37 % more expensive than the average price in New Delhi. "Land" is seen as the second dearest property type. The dearest property type is "Villa" followed by "House". At a price of ₹ 6.16 crores it is 1268 % more expensive than the average price.
According to the average cost per sq.foot, the most expensive property type would be "Flat" at an average cost of ₹ 8,232 / sq.foot followed by "Villa" priced at ₹ 20,851 / sq.foot. "Land" is the most costly type of property with a ₹ 36,725 / sq.foot cost followed by "Commercial" with an average price of ₹ 28,096 / sq.foot.
