The rent prices in real estate in Bhiwani, in the Haryana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.foot in Bhiwani has had a strong fall during the last 6 months. In November, the average price per sq.foot was ₹ 20.82. In the following month the price per sq.foot fell considerably to ₹ 6.94. The price for the following two months in (January, February) fell 93 % with regard to the previous two months. The price per sq.foot has had a considerable fall of 20 % 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 ₹ 13.41 to ₹ 2.71 during March, and April.
When referring to the price in Bhiwani (cities), this has fallen in the last 6 months. The average price during our first sample month during November, is ₹ 10,900. During December the price went through a considerable rise reaching ₹ 12,750. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 11,825 to ₹ 12,100. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 11,962.5 to ₹ 5,500, which means a 46 % fall.