The prices in real estate in Sehore, in the Madhya Pradesh 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 Sehore has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 1,221. In November this price pretty much remained the same at a value of ₹ 1,217 per sq.foot. The price for the following two months in (December, January) had a considerable increment of 114865 %. The price per sq.foot has had a considerable increase of 164 % 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 ₹ 7.01 lakhs to ₹ 11.5 lakhs during February, and March.
Based upon to the price in Sehore (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is ₹ 14.47 lakhs. In November This price remains at ₹ 14.44 lakhs. During the following two months (December, January) the average price had a considerable increase of 789 % 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 177 % during the last two months.