The average price in the Union Territory Of Chandigarh region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.foot in Union Territory Of Chandigarh has risen considerably in the last 6 months. During October, the average price per sq.foot was ₹ 30,715. In November the price pretty much stayed the same at ₹ 29,619 per sq.foot. The price per sq.foot for the following two months practically stayed the same, going from ₹ 30,167 to ₹ 28,687.5 per sq.foot. In the last two months, the price per sq.foot has had a significant decrease of 61 %. This has been obtained by comparing the price of ₹ 29,427.25 for the first four months of the sample with regard to the previous 4 months and the price of ₹ 18,027 per sq.foot for the last two months (February, March).
Based upon to the price in Union Territory Of Chandigarh(region), this has increased in the last 6 months. In the first month sample October the average price is ₹ 1.35 crores. In November the price was the same at ₹ 1.36 crores. The average price for the following two months (December, January) increased from ₹ 1.36 crores to ₹ 1.48 crores. During the last two months the average price has remained stagnant and has gone from ₹ 1.42 crores to ₹ 1.41 crores during February and March.
The graph displaying the the average price per number of BHK shows that those with 1 BHK are the cheapest ones. They are 63 % more affordable than the average price in Union Territory Of Chandigarh followed by those with 2 with an average price of ₹ 54.12 lakhs. The most costly properties have 4 BHK. They are 33 % more expensive than the average followed by those properties with 3 BHK priced at ₹ 99.82 lakhs.
Based on the average price per sq.foot those properties with 2 BHK are the cheapest ones with a price of ₹ 5,551 / sq.foot being ₹ 19,684 / sq.foot the average value within the Union Territory Of Chandigarh region. The properties with the cheapest average price are those with 4 BHK. These are 59 % lower than the average followed by those with 3 BHK with a price of ₹ 6,114 / sq.foot.
The graph displaying the average price according to the property type shows "Office" as the cheapest one. With an average cost of ₹ 1.39 crores it is 23 % more affordable than the average in Union Territory Of Chandigarh. This is followed by "Flat" with a price of ₹ 1.21 crores. The dearest property type is "House" and is 442 % more expensive than the average, followed by "Villa" with a cost of ₹ 5.32 crores.
Based on the average cost per sq.foot the cheapest property type is "Flat with a an average cost of ₹ 6,467 / sq.foot, followed by "Office" with a price of ₹ 13,093 / sq.foot. "Land" with an average price of ₹ 55,254 / sq.foot is the most costly type of property followed by "House" at a price of ₹ 23,604 / sq.foot.