Property prices for sale in Panchkula (Haryana)
The prices in real estate in Panchkula, in the Haryana region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.foot in Panchkula has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 24,207. In the following month the price per sq.foot decreased considerably to ₹ 18,837. The price for the following two months in (December, January) had a considerable increment of 250 %. The price per sq.foot has had a considerable deflation of 82 % 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 ₹ 37,699.75 to ₹ 31,072 during February, and March.
Based upon to the price in Panchkula (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 2.25 crores. During November the price had a slight fall till ₹ 1.95 crores. During the following two months (December, January) the average price fell 86 % 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 ₹ 1.96 crores to ₹ 1.6 crores, which means a 82 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 1.55 crores they are 85 % more affordable than the average price for Panchkula. The properties with the highest average price have 4 BHK, Their price is 57 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 1.28 crores.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 4,272 / sq.foot, with an average ₹ 23,790 / sq.foot price in Panchkula. The properties with the lowest average prices have 4 BHK. They are 24 % cheaper than the average followed by properties with 2 BHK with a price at ₹ 8,178 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 1.55 crores it is 49 % cheaper than the average price in Panchkula. "Office" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of ₹ 2.26 crores it is 104 % 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 ₹ 4,513 / sq.foot followed by "House" priced at ₹ 9,552 / sq.foot. "Villa" is the most costly type of property with a ₹ 36,036 / sq.foot cost followed by "Office" with an average price of ₹ 30,090 / sq.foot.
