The prices in real estate in Secunderabad, in the Andhra Pradesh region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.foot in Secunderabad has fallen in the last 6 months. In August, the average price per sq.foot was ₹ 5,253. In the following month the price per sq.foot decreased to ₹ 4,977. The price for the following two months in (October, November) decreased 91 % with regard to the prior two months. 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 ₹ 4,888.5 to ₹ 4,854.5 during December y January
Based upon to the price in Secunderabad (cities), this has gone downing the last 6 months. The average price for August is ₹ 87.78 lakhs. During September the price had a slight fall till ₹ 81.57 lakhs. During the following two months (October, November) the average price fell 88 % 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 ₹ 79.61 lakhs and ₹ 80.53 lakhs between December and January.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 80.75 lakhs they are 61 % more affordable than the average price for Secunderabad. The properties with the highest average price have 4 BHK, Their price is 74 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 92.93 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the most costly ones at a cost of ₹ 9,566 / sq.foot, with an average ₹ 4,977 / sq.foot price in Secunderabad. The properties with the highest average prices have 4 BHK. They are 401 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 19,618 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 80.75 lakhs it is 57 % cheaper than the average price in Secunderabad. "House" is seen as the second most affordable property type. The cheapest type property is "Flat" followed by "Villa". At a price of ₹ 73.37 lakhs it is 2 % 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 ₹ 4,445 / sq.foot followed by "Land" priced at ₹ 4,518 / sq.foot. "Office" is the most costly type of property with a ₹ 1.22 lakhs / sq.foot cost followed by "Flat" with an average price of ₹ 12,957 / sq.foot.