The prices in real estate in Vizianagaram, in the Andhra 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 Vizianagaram has increased strongly during the last 6 months. In November, the average price per sq.foot was ₹ 1,107. In the following month the price per sq.foot increased considerably to ₹ 1,294. The price for the following two months in (January, February) had a considerable increment of 395 %. 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 ₹ 2,974 to ₹ 4,884.5 during March, and April.
Based upon to the price in Vizianagaram (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is ₹ 16.25 lakhs. In December This price remains at ₹ 15.71 lakhs. During the following two months (January, February) the average price had a considerable increase of 138 % 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 145 % during the last two months.
The graph showing the average price for BHK displays the property with the lowest price has 1 BHK. It is 36 % cheaper than the average price of ₹ 14.68 lakhs in Vizianagaram. Based on the BHK values, properties with the lowest prices are those with 1 BHK. They are 36 % more affordable than the average aforementioned.
With regard to the average prices per sq.foot those properties with 1 BHK are 62 % cheaper than the average price of (₹ 1,114 / sq.foot) in Vizianagaram. Properties with the most affordable price based upon to the number of BHK / sq.foot are those with 1 BHK. They are 62 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Vizianagaram we can see that the cheapest property type is "Land" at a price of ₹ 14.68 lakhs, they are 36 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 36 % more affordable than the average price aforementioned.
According to the average area cost by sq.foot the cheapest property type is "Land with an average price of ₹ 1,114 / sq.foot. "Land" with an average cost of ₹ 1,114 / sq.foot has the lowest price and would be directed at less affluent cities.