The average price in the Andhra Pradesh region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.foot in Andhra Pradesh has increased strongly in the last 6 months. During September, the average price per sq.foot was ₹ 12,668. The following month (October) the price had a considerable increase reaching ₹ 16,340 per sq.foot. The following two months (November, December) went through an increase of 107 % in the price per sq.foot rising from ₹ 14,504 to ₹ 15,480.5 per sq.foot. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.foot of ₹ 14,992.25 to ₹ 14,400.5 during January and February.
Based upon to the price in Andhra Pradesh(region), this has increased in the last 6 months. In the first month sample September the average price is ₹ 49.53 lakhs. In October the price was the same at ₹ 50.28 lakhs. The average price for the following two months (November, December) increased from ₹ 49.9 lakhs to ₹ 56.5 lakhs. During the last two months the average price has remained stagnant and has gone from ₹ 53.2 lakhs to ₹ 53.31 lakhs during January and February.
The graph displaying the the average price per number of BHK shows that those with 1 BHK are the cheapest ones. They are 31 % more affordable than the average price in Andhra Pradesh followed by those with 2 with an average price of ₹ 49.88 lakhs. The most costly properties have 4 BHK. They are 211 % more expensive than the average followed by those properties with 3 BHK priced at ₹ 87.11 lakhs.
Based on the average price per sq.foot those properties with 3 BHK are the cheapest ones with a price of ₹ 5,905 / sq.foot being ₹ 15,890 / sq.foot the average value within the Andhra Pradesh region. The properties with the most expensive average price are those with 4 BHK. These are 100 % more costly than the average followed by those with 1 BHK with a price of ₹ 10,119 / sq.foot.
The graph displaying the average price according to the property type shows "Flat" as the cheapest one. With an average cost of ₹ 49.38 lakhs it is 37 % more affordable than the average in Andhra Pradesh. This is followed by "Villa" with a price of ₹ 56.84 lakhs. The dearest property type is "Commercial" and is 238 % more expensive than the average, followed by "Office" with a cost of ₹ 1.25 crores.
Based on the average cost per sq.foot the cheapest property type is "House with a an average cost of ₹ 5,143 / sq.foot, followed by "Land" with a price of ₹ 11,108 / sq.foot. "Villa" with an average price of ₹ 19,618 / sq.foot is the most costly type of property followed by "Commercial" at a price of ₹ 17,852 / sq.foot.