Property prices for sale in Rishikesh (Uttarakhand)
The prices in real estate in Rishikesh, in the Uttarakhand 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 Rishikesh has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 4,953. In the following month the price per sq.foot increased to ₹ 5,276. In the following two months the price per sq.foot has increased 110 %, going from ₹ 5,114.5 to ₹ 5,617 per sq.foot. The price per sq.foot has had a considerable increase of 147 % 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 ₹ 5,365.75 to ₹ 7,862.5 during February, and March.
Based upon to the price in Rishikesh (cities), this has gone up in the last 6 months. The price in October is ₹ 73.38 lakhs, rising in November till ₹ 82.03 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 77.71 lakhs to ₹ 78.36 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 97.5 lakhs they are 87 % more affordable than the average price for Rishikesh. The properties with the highest average price have 4 BHK, Their price is 191 % more costly than the average. After that we have properties with 2 BHK priced at ₹ 1.01 crores.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 2,762 / sq.foot, with an average ₹ 5,108 / sq.foot price in Rishikesh. The properties with the highest average prices have 4 BHK. They are 105 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 6,512 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 97.5 lakhs it is 72 % cheaper than the average price in Rishikesh. "Villa" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Villa". At a price of ₹ 36.59 lakhs it is 14 % more affordable than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 1,455 / sq.foot followed by "Villa" priced at ₹ 3,724 / sq.foot. "House" is the most costly type of property with a ₹ 5,459 / sq.foot cost followed by "Villa" with an average price of ₹ 3,724 / sq.foot.
