The prices in real estate in Raigarh, in the Chhattisgarh 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 Raigarh has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 2,127. In the following month the price per sq.foot increased considerably to ₹ 2,872. The price for the following two months in (December, January) had a considerable increment of 124 %. The price per sq.foot has decreased 90 % 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 ₹ 2,801.25 to ₹ 2,525.5 during February, and March.
Based upon to the price in Raigarh (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 1.08 crores. During November the price had a considerable reduction till ₹ 38.55 lakhs. During the following two months (December, January) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from ₹ 66.09 lakhs to ₹ 58.9 lakhs in February and March.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 59.58 lakhs they are 67 % more affordable than the average price for Raigarh. The properties with the lowest average price have 4 BHK, Their price is 28 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 34.41 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 1,855 / sq.foot, with an average ₹ 2,564 / sq.foot price in Raigarh. The properties with the highest average prices have 4 BHK. They are 101 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 3,934 / sq.foot.
With regard to the average price based upon the property in Raigarh we can see that the cheapest property type is "Flat" at a price of ₹ 42.82 lakhs, they are 28 % more affordable than the average price of (!PRECIO2!). "Flat" has the lowest price. This price is 28 % more affordable than the average price aforementioned.
According to the average area price by sq.foot the most costly property type is "Flat with an average price of ₹ 5,163 / sq.foot. "Flat" at an average price of ₹ 5,163 / sq.foot has the most expensive price and would be directed at more affluent cities.