Property prices for sale in Puri (Orissa)
The prices in real estate in Puri, in the Orissa 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 Puri has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 3,020. In the following month the price per sq.foot increased considerably to ₹ 6,605. The price for the following two months in (December, January) had a considerable increment of 123 %. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 5,371.75 to ₹ 5,184.5 during February y March
Based upon to the price in Puri (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 43.34 lakhs. During November the price went through a considerable rise reaching ₹ 3.28 crores. During the following two months (December, January) the average price had a considerable reduction of 24 % 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 ₹ 1.15 crores to ₹ 42.75 lakhs, which means a 37 % fall.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 40.47 lakhs they are 36 % more affordable than the average price for Puri. The properties with the highest average price have 4 BHK, Their price is 277 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 77.41 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,837 / sq.foot, with an average ₹ 5,514 / sq.foot price in Puri. The properties with the highest average prices have 2 BHK. They are 113 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 4,877 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 40.47 lakhs it is 50 % cheaper than the average price in Puri. "Land" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Land". At a price of ₹ 50.36 lakhs it is 136 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 1,224 / sq.foot followed by "Flat" priced at ₹ 2,837 / sq.foot. "Villa" is the most costly type of property with a ₹ 5,911 / sq.foot cost followed by "Flat" with an average price of ₹ 2,837 / sq.foot.
