Property prices for rent in Bhopal (Madhya Pradesh)
The rent prices in real estate in Bhopal, in the Madhya 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 Bhopal has risen during the last 6 months. In October, the average price per sq.foot was ₹ 12.24. In the following month the price per sq.foot rose to ₹ 13.13. In the following two months the price per sq.foot has practically remained the same, going from ₹ 12.69 to ₹ 13.2 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 ₹ 12.94 to ₹ 13.31 during February y March
When referring to the price in Bhopal (cities), this has risen in the last 6 months. The rent price in October is ₹ 17,745, rising in November till ₹ 19,576. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 18,660.5 to ₹ 18,253.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₹ 18,457 and ₹ 18,806.5 between February and March.
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 ₹ 18,925 they are 65 % more affordable than the average price for Bhopal . The properties with the highest average price have 4 BHK, Their price is 62 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 17,663.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 11.3 / sq.foot, with an average ₹ 13.12 / sq.foot price in Bhopal. The properties with the most expensive average prices have 4 BHK. They are 11 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 12.83 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 18,925 it is 49 % more affordable than the average price in Bhopal. "Flat" is seen as the second most affordable property type. The most expensive property type is "Duplex" followed by "House". At a price of ₹ 43,214 it is 252 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Land" at an average price of ₹ 10.48 / sq.foot followed by "Villa" priced at ₹ 12.73 / sq.foot. "House" is the most expensive type of property with a ₹ 49.39 / sq.foot value followed by "Duplex" with an average price of ₹ 37.33 / sq.foot.
