The rent prices in real estate in Allahabad, in the Uttar Pradesh region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.foot in Allahabad has risen during the last 6 months. In September, the average price per sq.foot was ₹ 12.66. In the following month the price per sq.foot rose to ₹ 14.15. In the following two months the price per sq.foot has risen 106 %, going from ₹ 13.4 to ₹ 14.19 per sq.foot. The price per sq.foot has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 13.8 to ₹ 13.47 during January y February
When referring to the price in Allahabad (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is ₹ 14,181. In October This price remains at ₹ 13,928. During the following two months (November, December) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from ₹ 13,593 to ₹ 12,206.5 in January and February.
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 ₹ 12,294 they are 44 % more affordable than the average price for Allahabad . The properties with the highest average price have 3 BHK, Their price is 45 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 11,260.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 4.94 / sq.foot, with an average ₹ 13.23 / sq.foot price in Allahabad. The properties with the most expensive average prices have 1 BHK. They are 13 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 12 / sq.foot.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of ₹ 12,294 it is 19 % more affordable than the average price in Allahabad. "House" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "". At a price of ₹ 16,544 it is 304 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "House" at an average price of ₹ 10.35 / sq.foot followed by "Flat" priced at ₹ 13.1 / sq.foot. "Commercial" is the most expensive type of property with a ₹ 60.74 / sq.foot value followed by "Villa" with an average price of ₹ 22.89 / sq.foot.