The prices in real estate in Thane, in the Maharashtra region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.foot in Thane has remained the same in the last 6 months. In June, the average price per sq.foot was ₹ 9,506. In the following month the price per sq.foot decreased to ₹ 8,262. In the following two months the price per sq.foot has increased 107 %, going from ₹ 8,884 to ₹ 9,506.5 per sq.foot. The price per sq.foot has increased 111 % 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 ₹ 9,195.25 to ₹ 10,231.5 during October, and November.
Based upon to the price in Thane (cities), these have remained the same in the last 6 months. In our first sample month during June, the average price is ₹ 62.6 lakhs. In July This price remains at ₹ 65.65 lakhs. During the following two months (August, September) the average price fell 90 % 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 gone up 107 % 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 ₹ 67.5 lakhs they are 35 % more affordable than the average price for Thane. The properties with the highest average price have 4 BHK, Their price is 393 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 1.79 crores.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 8,836 / sq.foot, with an average ₹ 10,587 / sq.foot price in Thane. The properties with the highest average prices have 4 BHK. They are 71 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 15,442 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 67.5 lakhs it is 72 % cheaper than the average price in Thane. "House" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Commercial". At a price of ₹ 1.09 crores it is 112 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 640 / sq.foot followed by "House" priced at ₹ 4,519 / sq.foot. "Commercial" is the most costly type of property with a ₹ 25,857 / sq.foot cost followed by "Office" with an average price of ₹ 23,763 / sq.foot.