Property prices for sale in Warangal (Andhra Pradesh)
The prices in real estate in Warangal, in the Andhra Pradesh region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.foot in Warangal has fallen in the last 6 months. In October, the average price per sq.foot was ₹ 17,191. In the following month the price per sq.foot increased to ₹ 18,473. In the following two months the price per sq.foot has increased 106 %, going from ₹ 17,832 to ₹ 18,959.5 per sq.foot. The price per sq.foot has had a considerable deflation of 64 % 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 ₹ 18,395.75 to ₹ 11,700 during February, and March.
Based upon to the price in Warangal (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 65.22 lakhs. During November the price went through a considerable rise reaching ₹ 76.92 lakhs. During the following two months (December, January) the average price had a considerable increase of 157 % with regard to the previous two months. 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 ₹ 91.22 lakhs and ₹ 89.26 lakhs between February and March.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 1.12 crores they are 67 % more affordable than the average price for Warangal. The properties with the highest average price have 4 BHK, Their price is 15 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 80.19 lakhs.
With regard to the average price per sq.foot , those properties with 4 BHK are the cheapest ones at a cost of ₹ 2,758 / sq.foot, with an average ₹ 17,579 / sq.foot price in Warangal. The properties with the highest average prices have 3 BHK. They are 92 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 8,494 / sq.foot.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 1.12 crores it is 86 % cheaper than the average price in Warangal. "House" is seen as the second most affordable property type. The cheapest type property is "Villa" followed by "Flat". At a price of ₹ 60.52 lakhs it is 41 % more affordable than the average price.
According to the average cost per sq.foot, the cheapest property type is "House" at an average cost of ₹ 2,918 / sq.foot followed by "Land" priced at ₹ 3,931 / sq.foot. "Villa" is the cheapest type of property with a ₹ 11,386 / sq.foot value followed by "Flat" with an average price of ₹ 11,128 / sq.foot.
