The rent prices in real estate in Bhatinda, in the Punjab 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 Bhatinda has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 8.66. In the following month the price per sq.foot fell considerably to ₹ 7.26. In the following two months the price per sq.foot has practically remained the same, going from ₹ 7.96 to ₹ 8.22 per sq.foot. The price per sq.foot has had a considerable rise of 268 % 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 ₹ 8.09 to ₹ 21.66 during February, and March.
When referring to the price in Bhatinda (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₹ 8,600. During November the price went through a considerable rise reaching ₹ 11,632. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 10,116 to ₹ 9,814. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 724 % during the last two months.
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 ₹ 1.34 lakhs they are 96 % more affordable than the average price for Bhatinda . The properties with the lowest average price have 4 BHK, Their price is 85 % more affordable than the average. After that we have properties with 3 BHK priced at ₹ 10,351.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 6 / sq.foot, with an average ₹ 34.05 / sq.foot price in Bhatinda. The properties with the most affordable average prices have 3 BHK. They are 77 % more affordable than the average followed by properties with 2 BHK with a price at ₹ 7 / sq.foot.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of ₹ 1.34 lakhs it is 87 % more affordable than the average price in Bhatinda. "" is seen as the second most affordable property type. The most expensive property type is "Farm" followed by "". At a price of ₹ 19,452 it is 62 % more expensive than the average price.
According to the average cost per sq.foot, the least affordable property would be "Commercial" at an average price of ₹ 85 / sq.foot followed by "Farm" priced at ₹ 477 / sq.foot. "Farm" is the most expensive type of property with a ₹ 477 / sq.foot value followed by "Commercial" with an average price of ₹ 85 / sq.foot.