The prices in real estate in Umargam, in the Gujarat 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 Umargam has increased strongly during the last 6 months. In November, the average price per sq.foot was ₹ 1,947. In the following month the price per sq.foot increased considerably to ₹ 2,466. In the following two months the price per sq.foot has barely changed, going from ₹ 2,206.5 to ₹ 2,307 per sq.foot. 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 ₹ 2,256.75 to ₹ 2,344.5 during March y April
Based upon to the price in Umargam (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is ₹ 24.72 lakhs. In December This price remains at ₹ 24.54 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 24.63 lakhs to ₹ 24.2 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 ₹ 24.41 lakhs and ₹ 25.26 lakhs between March and April.