The prices in real estate in Sonipat, in the Haryana 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 Sonipat has fallen in the last 6 months. In June, the average price per sq.foot was ₹ 36,848. In the following month the price per sq.foot decreased to ₹ 32,737. In the following two months the price per sq.foot has barely changed, going from ₹ 34,792.5 to ₹ 36,202.5 per sq.foot. The price per sq.foot has decreased 93 % 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 ₹ 35,497.5 to ₹ 33,030.5 during October, and November.
Based upon to the price in Sonipat (cities), this has gone downing the last 6 months. The average price for June is ₹ 1.04 crores. During July the price had a considerable reduction till ₹ 86.19 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 95.14 lakhs to ₹ 97.87 lakhs. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from ₹ 96.51 lakhs to ₹ 86.07 lakhs in October and November.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 79.32 lakhs they are 75 % more affordable than the average price for Sonipat. The properties with the highest average price have 4 BHK, Their price is 4 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 56.47 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 2,759 / sq.foot, with an average ₹ 31,837 / sq.foot price in Sonipat. The properties with the lowest average prices have 4 BHK. They are 34 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 11,554 / sq.foot.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of ₹ 79.32 lakhs it is 46 % cheaper than the average price in Sonipat. "House" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Flat". At a price of ₹ 71.73 lakhs it is 13 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Commercial" at an average cost of ₹ 3,016 / sq.foot followed by "Office" priced at ₹ 17,310 / sq.foot. "House" is the most costly type of property with a ₹ 51,645 / sq.foot cost followed by "Villa" with an average price of ₹ 42,418 / sq.foot.