The prices in real estate in Rohtak, in the Haryana 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 Rohtak has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 18,057. In the following month the price per sq.foot decreased considerably to ₹ 9,994. The price for the following two months in (December, January) had a considerable increment of 141 %. The price per sq.foot has had a considerable increase of 192 % 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 ₹ 16,914.75 to ₹ 32,480.5 during February, and March.
Based upon to the price in Rohtak (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 79.95 lakhs. During November the price went through a considerable rise reaching ₹ 1.17 crores. During the following two months (December, January) the average price had a considerable increase of 136 % 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 risen strongly 198 % 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 ₹ 2.76 crores they are 86 % more affordable than the average price for Rohtak. The properties with the lowest average price have 4 BHK, Their price is 58 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 95.62 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 6,216 / sq.foot, with an average ₹ 19,796 / sq.foot price in Rohtak. The properties with the highest average prices have 4 BHK. They are 78 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 33,969 / sq.foot.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of ₹ 2.76 crores it is 73 % cheaper than the average price in Rohtak. "Office" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of ₹ 92.63 lakhs it is 26 % more affordable than the average price.
According to the average cost per sq.foot, the cheapest property type is "Villa" at an average cost of ₹ 4,352 / sq.foot followed by "Commercial" priced at ₹ 6,211 / sq.foot. "Flat" is the most costly type of property with a ₹ 56,540 / sq.foot cost followed by "House" with an average price of ₹ 44,637 / sq.foot.