Property prices for rent in West Bengal region

The price per sq.foot in West Bengal has risen considerably in the last 6 months. During October, the average price per sq.foot was ₹ 23.83. The following month (November) the price had a considerable rise reaching ₹ 28.25 per sq.foot. In the following two months (December, January) the rent price per sq.foot has increased notably to a 166 %. In the last two months, the price per sq.foot has had a significant rise of 121 %. This has been obtained by comparing the price of ₹ 34.66 for the first four months of the sample with regard to the previous 4 months and the price of ₹ 41.82 per sq.foot for the last two months (February, March).

When referring to the price in West Bengal(region), this has risen considerably in the last 6 months. In the first month sample for October the average price is ₹ 42,939. During November it went through a strong rise reaching ₹ 52,598 The average price for the following two months (December, January) rose from ₹ 47,768.5 to ₹ 52,709.5. During the last two months the average price has not gone through any changes and has gone from ₹ 50,239 to ₹ 52,181.5 during February and 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 77 % cheaper than the average price in West Bengal followed by those with 2 with an average price of ₹ 14,996. The most expensive properties have 4 BHK. They are 125 % more expensive than the average followed by those properties with 3 BHK priced at ₹ 30,256.

Based on the average price per sq.foot those properties with 1 BHK are the most affordable ones with a price of ₹ 16.54 / sq.foot being ₹ 27.38 / sq.foot the average for West Bengal. The properties with the highest average price are those with 4 BHK. These are 4 % more expensive than the average followed by those with 3 BHK with a price of ₹ 21.86 / 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 ₹ 32,254 it is 71 % cheaper than the average in West Bengal. This is followed by "Flat" with a cost of ₹ 19,384. The most expensive property type is "Office" and is 2124 % more costly than the average, followed by "Villa" with a cost of ₹ 2.23 lakhs.

Based upon the average cost per sq.foot the most affordable property type is "Land with a an average price of ₹ 14.96 / sq.foot, followed by "House" with a price of ₹ 17.14 / sq.foot. "Office" with an average price of ₹ 6,401 / sq.foot is the most expensive type of property followed by "Commercial" at a price of ₹ 69.35 / sq.foot.