The rent prices in real estate in Dhanbad, in the Jharkhand 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 Dhanbad has risen during the last 6 months. In November, the average price per sq.foot was ₹ 6.84. In December this price barely changed remaining at ₹ 6.99 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 6.91 to ₹ 7.09 per sq.foot. The price per sq.foot has risen 107 % 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 ₹ 7.01 to ₹ 7.51 during March, and April.
When referring to the price in Dhanbad (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is ₹ 8,698. In December This price remains at ₹ 8,356. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 8,527 to ₹ 8,554.5. 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 ₹ 8,540.75 and ₹ 8,635.5 between March and April.
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 ₹ 8,500 they are 47 % more affordable than the average price for Dhanbad . The properties with the highest average price have 4 BHK, Their price is 94 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 10,750.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 7.14 / sq.foot, with an average ₹ 7.59 / sq.foot price in Dhanbad. The properties with the most expensive average prices have 1 BHK. They are 54 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 9.24 / sq.foot.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₹ 8,500 it is 17 % more affordable than the average price in Dhanbad. "Flat" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "". At a price of ₹ 16,969 it is 106 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "House" at an average price of ₹ 6.84 / sq.foot followed by "Villa" priced at ₹ 7.92 / sq.foot. "Commercial" is the most expensive type of property with a ₹ 23 / sq.foot value followed by "Flat" with an average price of ₹ 8.09 / sq.foot.