The rent prices in real estate in Alibag, in the Maharashtra region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.foot in Alibag has risen strongly during the last 6 months. In November, the average price per sq.foot was ₹ 12.42. In the following month the price per sq.foot rose considerably to ₹ 15.25. The price for the following two months in (January, February) had a considerable rise of 157 %. The price per sq.foot has fallen 92 % 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 ₹ 17.78 to ₹ 16.4 during March, and April.
When referring to the price in Alibag (cities), this has risen in the last 6 months. The average price during our first sample month during November, is ₹ 19,318. During December the price went through a considerable rise reaching ₹ 25,375. During the following two months (January, February) the average price fell 86 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
The graph showing the average price for BHK displays the property with the most affordable price has 2 BHK. It is 57 % more affordable than the average price of ₹ 10,333 in Alibag. Based on the BHK values, properties with the most affordable rent prices are those with 1 BHK. They are 38 % more affordable than the average aforementioned.
With regard to the average prices per sq.foot those properties with 2 BHK are 29 % more affordable than the average price of (₹ 12.03 / sq.foot) in Alibag. Properties with the most expensive price when referring to the number of BHK / sq.foot are those with 1 BHK. They are 31 % more expensive than the average value aforementioned.