Property prices for sale in Roorkee (Uttarakhand)
The prices in real estate in Roorkee, 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 Roorkee has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 1,900. In November this price pretty much remained the same at a value of ₹ 1,900 per sq.foot. The price for the following two months in (December, January) had a considerable increment of 406 %. The price per sq.foot has had a considerable deflation of 81 % 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 ₹ 4,809.75 to ₹ 3,901.5 during February, and March.
Based upon to the price in Roorkee (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is ₹ 27.84 lakhs. In November This price remains at ₹ 27.84 lakhs. During the following two months (December, January) the average price had a considerable increase of 311 % 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 95 %, going from ₹ 57.13 lakhs to ₹ 54.18 lakhs in 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 ₹ 54 lakhs they are 64 % more affordable than the average price for Roorkee. The properties with the highest average price have 4 BHK, Their price is 54 % more costly than the average. After that we have properties with 2 BHK priced at ₹ 48.73 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 2,362 / sq.foot, with an average ₹ 3,883 / sq.foot price in Roorkee. The properties with the lowest average prices have 2 BHK. They are 6 % cheaper than the average followed by properties with 4 BHK with a price at ₹ 3,263 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 54 lakhs it is 19 % cheaper than the average price in Roorkee. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Flat". At a price of ₹ 43.64 lakhs it is 25 % 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 ₹ 1,751 / sq.foot followed by "House" priced at ₹ 2,856 / sq.foot. "House" is the cheapest type of property with a ₹ 2,856 / sq.foot value followed by "Flat" with an average price of ₹ 1,751 / sq.foot.
