The rent prices in real estate in Bhilai, in the Chhattisgarh region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.foot in Bhilai has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 8.8. In the following month the price per sq.foot fell to ₹ 8.27. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.foot has fallen 88 % 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 ₹ 8.19 to ₹ 7.18 during February, and March.
When referring to the price in Bhilai (cities), this has risen in the last 6 months. The average price for October is ₹ 7,893. During November the price had a considerable fall till ₹ 6,577. During the following two months (December, January) the average price had a considerable rise of 140 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₹ 8,673.75 and ₹ 9,105 between February and March.
The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 8,853 they are 53 % more affordable than the average price for Bhilai . The properties with the highest average price have 4 BHK, Their price is 109 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 10,900.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 5.23 / sq.foot, with an average ₹ 7.46 / sq.foot price in Bhilai. The properties with the most expensive average prices have 2 BHK. They are 12 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 6.95 / sq.foot.
According to average price per property type in Bhilai, "" priced at ₹ 7,423 is 16 % lower than the average price (₹ 8,853) in this city.