Property prices for sale in Nizamabad (Andhra Pradesh)
The prices in real estate in Nizamabad, in the Andhra Pradesh 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 Nizamabad has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 42,088. In the following month the price per sq.foot decreased considerably to ₹ 17,285. The price for the following two months in (December, January) had a considerable decrease of 24 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 47 % 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 ₹ 18,339.25 to ₹ 8,654 during February, and March.
Based upon to the price in Nizamabad (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 1.03 crores. During November the price had a considerable reduction till ₹ 67.09 lakhs. During the following two months (December, January) the average price had a considerable reduction of 22 % 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 ₹ 51.95 lakhs to ₹ 12.68 lakhs, which means a 24 % fall.
