The rent prices in real estate in Patna, in the Chhattisgarh region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.foot in Patna has had a strong fall during the last 6 months. In October, the average price per sq.foot was ₹ 28.68. In the following month the price per sq.foot fell considerably to ₹ 9.79. The price for the following two months in (December, January) had a considerable rise of 154 %. The price per sq.foot has had a considerable fall of 66 % 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 ₹ 24.4 to ₹ 16.1 during February, and March.
When referring to the price in Patna (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 2.53 lakhs. During November the price had a considerable fall till ₹ 14,875. During the following two months (December, January) the average price had a considerable rise of 201 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 2.02 lakhs to ₹ 37,500, which means a 19 % fall.
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 ₹ 49,333 they are 93 % more affordable than the average price for Patna . The properties with the lowest average price have 3 BHK, Their price is 62 % more affordable than the average. After that we have properties with 4 BHK priced at ₹ 12,318.
With regard to the average prices per sq.foot those properties with 3 BHK are 93 % more affordable than the average price of (₹ 1 / sq.foot) in Patna. Properties with the most affordable price when referring to the number of BHK / sq.foot are those with 3 BHK. They are 93 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 49,333 it is 82 % more affordable than the average price in Patna. "Commercial" is seen as the second most affordable property type. The most affordable property is "Office" followed by "Commercial". At a price of ₹ 39,550 it is 6 % more affordable than the average price.
According to the average cost per sq.foot, the most affordable property is "Commercial" at an average price of ₹ 9 / sq.foot followed by "Office" priced at ₹ 17 / sq.foot. "Office" is the most expensive type of property with a ₹ 17 / sq.foot value followed by "Commercial" with an average price of ₹ 9 / sq.foot.