Property prices for sale in Rajahmundry (Andhra Pradesh)
The prices in real estate in Rajahmundry, 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 Rajahmundry has had a strong decrease during the last 6 months. In November, the average price per sq.foot was ₹ 15,818. In the following month the price per sq.foot decreased considerably to ₹ 12,578. The price for the following two months in (January, February) had a considerable decrease of 60 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 49 % 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 ₹ 11,343.75 to ₹ 5,525 during March, and April.
Based upon to the price in Rajahmundry (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is ₹ 51.29 lakhs. In December This price remains at ₹ 52.22 lakhs. During the following two months (January, February) the average price had a considerable reduction of 77 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 55.47 lakhs they are 56 % more affordable than the average price for Rajahmundry. The properties with the highest average price have 4 BHK, Their price is 199 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 47.43 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 2,316 / sq.foot, with an average ₹ 5,568 / sq.foot price in Rajahmundry. The properties with the highest average prices have 4 BHK. They are 20 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 2,849 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 55.47 lakhs it is 69 % cheaper than the average price in Rajahmundry. "House" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Commercial". At a price of ₹ 31 lakhs it is 135 % 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 ₹ 845 / sq.foot followed by "Commercial" priced at ₹ 2,103 / sq.foot. "Villa" is the cheapest type of property with a ₹ 4,240 / sq.foot value followed by "House" with an average price of ₹ 2,370 / sq.foot.
