The prices in real estate in Ratlam, in the Madhya Pradesh region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.foot in Ratlam has remained the same in the last 6 months. In October, the average price per sq.foot was ₹ 4,475. In November this price pretty much remained the same at a value of ₹ 4,413 per sq.foot. In the following two months the price per sq.foot has barely changed, going from ₹ 4,444 to ₹ 4,261.5 per sq.foot. 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 ₹ 4,352.75 to ₹ 4,471 during February y March
Based upon to the price in Ratlam (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is ₹ 39.18 lakhs. In November This price remains at ₹ 39.8 lakhs. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₹ 38.02 lakhs and ₹ 39.41 lakhs between February and March.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 41.63 lakhs they are 44 % more affordable than the average price for Ratlam. The properties with the highest average price have 4 BHK, Their price is 24 % more costly than the average. After that we have properties with 2 BHK priced at ₹ 48.81 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 3,631 / sq.foot, with an average ₹ 4,517 / sq.foot price in Ratlam. The properties with the lowest average prices have 2 BHK. They are 10 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 3,817 / sq.foot.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of ₹ 41.63 lakhs it is 1 % cheaper than the average price in Ratlam. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of ₹ 41.39 lakhs it is 99 % 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 ₹ 3,210 / sq.foot followed by "Villa" priced at ₹ 3,761 / sq.foot. "Villa" is the cheapest type of property with a ₹ 3,761 / sq.foot value followed by "Land" with an average price of ₹ 3,210 / sq.foot.