The rent prices in real estate in Chandigarh, in the Union Territory Of Chandigarh 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 Chandigarh has risen during the last 6 months. In September, the average price per sq.foot was ₹ 21.19. In the following month the price per sq.foot rose to ₹ 23.34. In the following two months the price per sq.foot has risen 107 %, going from ₹ 22.26 to ₹ 23.8 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 ₹ 23.03 to ₹ 23.15 during January y February
When referring to the price in Chandigarh (cities), this has risen in the last 6 months. The average price during our first sample month during September, is ₹ 25,467. During October the price went through a considerable rise reaching ₹ 31,913. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 28,690 to ₹ 27,822. 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 ₹ 28,256 and ₹ 27,381 between January and February.
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 ₹ 33,856 they are 59 % more affordable than the average price for Chandigarh . The properties with the highest average price have 4 BHK, Their price is 90 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 38,118.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 17.39 / sq.foot, with an average ₹ 26.09 / sq.foot price in Chandigarh. The properties with the most affordable average prices have 1 BHK. They are 8 % more affordable than the average followed by properties with 4 BHK with a price at ₹ 23.94 / sq.foot.
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 33,856 it is 25 % more affordable than the average price in Chandigarh. "House" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Commercial". At a price of ₹ 5.17 lakhs it is 1780 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Flat" at an average price of ₹ 18.05 / sq.foot followed by "Villa" priced at ₹ 19.89 / sq.foot. "Commercial" is the most expensive type of property with a ₹ 107 / sq.foot value followed by "Office" with an average price of ₹ 88.14 / sq.foot.