Property prices for sale in Noida (Uttar Pradesh)
The prices in real estate in Noida, in the Uttar 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 Noida has had a strong decrease during the last 6 months. In August, the average price per sq.foot was ₹ 7,194. In the following month the price per sq.foot decreased considerably to ₹ 5,965. The price for the following two months in (October, November) had a considerable decrease of 74 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 74 % 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 ₹ 5,722.75 to ₹ 4,246 during December, and January.
Based upon to the price in Noida (cities), this has fallen considerably in the last 6 months. The average price for August is ₹ 97.1 lakhs. During September the price had a considerable reduction till ₹ 80.42 lakhs. During the following two months (October, November) the average price had a considerable reduction of 73 % 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 ₹ 76.94 lakhs to ₹ 41.77 lakhs, which means a 54 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 45.84 lakhs they are 54 % more affordable than the average price for Noida. The properties with the highest average price have 4 BHK, Their price is 146 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 80.02 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 3,667 / sq.foot, with an average ₹ 4,207 / sq.foot price in Noida. The properties with the highest average prices have 4 BHK. They are 122 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 5,458 / sq.foot.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of ₹ 45.84 lakhs it is 55 % cheaper than the average price in Noida. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of ₹ 86.22 lakhs it is 191 % 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 ₹ 4,027 / sq.foot followed by "Villa" priced at ₹ 4,286 / sq.foot. "House" is the most costly type of property with a ₹ 23,549 / sq.foot cost followed by "Office" with an average price of ₹ 6,717 / sq.foot.
