The prices in real estate in Vrindavan, in the Uttar Pradesh region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.foot in Vrindavan has had a strong decrease during the last 6 months. In June, the average price per sq.foot was ₹ 8,433. In the following month the price per sq.foot increased to ₹ 8,910. The price for the following two months in (August, September) had a considerable decrease of 72 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 51 % 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 ₹ 7,474.75 to ₹ 3,816.5 during October, and November.
Based upon to the price in Vrindavan (cities), this has gone downing the last 6 months. The average price for June is ₹ 18.81 lakhs. During July the price had a considerable reduction till ₹ 15.63 lakhs. During the following two months (August, September) the average price had a considerable increase of 122 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 19.08 lakhs to ₹ 14.12 lakhs, which means a 74 % fall.