Property prices for rent in Maharashtra region
The average rent price in the Maharashtra region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.foot in Maharashtra has barely changed in the last 6 months. During October, the average price per sq.foot was ₹ 66.51. The following month the price fell to ₹ 61.35 per sq.foot. The following two months (December, January) went through a rise of 108 % in the rent price per sq.foot rising from ₹ 63.93 to ₹ 69.16 per sq.foot. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.foot of ₹ 66.54 to ₹ 64.54 during February and March.
When referring to the price in Maharashtra(region), there have hardly been any changes in the last 6 months. In the first month sample October the average price is ₹ 47,487. In November the price remains at ₹ 47,269. The average price for the following two months (December, January) rose from ₹ 47,378 to ₹ 52,628.5. During the last two months the price has gone down 90 % compared to the previous average values going from ₹ 50,003.25 a ₹ 44,766 in February y March.
The graph displaying the the average rent price per number of BHK shows that those with 1 BHK are the most affordable ones. They are 41 % cheaper than the average price in Maharashtra followed by those with 2 with an average price of ₹ 44,100. The most expensive properties have 4 BHK. They are 285 % more expensive than the average followed by those properties with 3 BHK priced at ₹ 85,113.
Based on the average price per sq.foot those properties with 2 BHK are the most affordable ones with a price of ₹ 62.02 / sq.foot being ₹ 69.76 / sq.foot the average for Maharashtra. The properties with the highest average price are those with 4 BHK. These are 38 % more expensive than the average followed by those with 3 BHK with a price of ₹ 74.69 / sq.foot.
The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of ₹ 49,394 it is 75 % cheaper than the average in Maharashtra. This is followed by "Commercial" with a cost of ₹ 45,909. The most expensive property type is "Office" and is 157 % more costly than the average, followed by "House" with a cost of ₹ 1.19 lakhs.
Based upon the average cost per sq.foot the most affordable property type is "Land with a an average price of ₹ 20.13 / sq.foot, followed by "Commercial" with a price of ₹ 24.71 / sq.foot. "Office" with an average price of ₹ 148.49 / sq.foot is the most expensive type of property followed by "House" at a price of ₹ 118.99 / sq.foot.
