The rent prices in real estate in Bellary, in the Karnataka 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 Bellary has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 8.75. In the following month the price per sq.foot rose considerably to ₹ 10.27. The price for the following two months in (December, January) had a considerable rise of 156 %. 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 ₹ 12.19 to ₹ 12.77 during February y March
When referring to the price in Bellary (cities), this has risen considerably in the last 6 months. The rent price in October is ₹ 9,163, rising in November till ₹ 10,214. During the following two months (December, January) the average price had a considerable rise of 261 % 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 111 % during the last two months.
The graph displaying the average rent price for BHK illustrates that those properties with 2 BHK are the most affordable ones. At a price of ₹ 15,000 they are 38 % more affordable than the average price for Bellary . The properties with the highest average price have 3 BHK, Their price is 1601 % more expensive than the average. After that we have properties with 1 BHK priced at ₹ 13,939.
According to average price per property type in Bellary, "" priced at ₹ 2.55 lakhs is 1601 % more expensive than the average price (₹ 15,000) in this city.