The prices in real estate in Tirupati, in the Andhra Pradesh 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 Tirupati has remained the same in the last 6 months. In August, the average price per sq.foot was ₹ 2,128. In the following month the price per sq.foot decreased considerably to ₹ 1,593. In the following two months the price per sq.foot has increased 107 %, going from ₹ 1,860.5 to ₹ 1,994 per sq.foot. The price per sq.foot has had a considerable increase of 123 % 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 ₹ 1,927.25 to ₹ 2,369 during December, and January.
Based upon to the price in Tirupati (cities), this has gone downing the last 6 months. The average price for August is ₹ 38.29 lakhs. During September the price had a considerable reduction till ₹ 28.53 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 33.41 lakhs to ₹ 34.43 lakhs. 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 ₹ 33.92 lakhs and ₹ 34.06 lakhs between December and January.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 34.73 lakhs they are 5 % more affordable than the average price for Tirupati. The properties with the highest average price have 4 BHK, Their price is 1028 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 55.36 lakhs.
With regard to the average price per sq.foot , those properties with 2 BHK are the most costly ones at a cost of ₹ 2,788 / sq.foot, with an average ₹ 2,525 / sq.foot price in Tirupati. The properties with the highest average prices have 4 BHK. They are 728 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 4,101 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 34.73 lakhs it is 39 % cheaper than the average price in Tirupati. "Commercial" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of ₹ 92.47 lakhs it is 810 % 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 ₹ 936 / sq.foot followed by "Commercial" priced at ₹ 1,697 / sq.foot. "Villa" is the most costly type of property with a ₹ 21,255 / sq.foot cost followed by "House" with an average price of ₹ 5,236 / sq.foot.