The rent prices in real estate in Barabanki, in the Chhattisgarh 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 Barabanki has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 7. In November this price barely changed remaining at ₹ 7 per sq.foot. The price for the following two months in (December, January) had a considerable rise of 1374 %. The price per sq.foot has had a considerable fall of 19 % 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 ₹ 51.58 to ₹ 9.93 during February, and March.
When referring to the price in Barabanki (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is ₹ 10,589. In November This price remains at ₹ 10,589. During the following two months (December, January) the average price had a considerable rise of 726 % 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 ₹ 43,716.5 to ₹ 6,750, which means a 15 % 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 ₹ 6,500 they are 45 % more affordable than the average price for Barabanki . The properties with the highest average price have 4 BHK, Their price is 322 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 13,414.
According to average price per property type in Barabanki, "" priced at ₹ 27,406 is 322 % more expensive than the average price (₹ 6,500) in this city.