Property prices for rent in Durgapur (West Bengal)
The rent prices in real estate in Durgapur, in the West Bengal 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 Durgapur has risen during the last 6 months. In November, the average price per sq.foot was ₹ 10.41. In December this price barely changed remaining at ₹ 10.07 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 10.24 to ₹ 10.32 per sq.foot. The price per sq.foot has had a considerable rise of 121 % 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 ₹ 10.28 to ₹ 12.41 during March, and April.
When referring to the price in Durgapur (cities), this has risen in the last 6 months. In our first sample month during November, the average price is ₹ 10,810. In December This price remains at ₹ 11,049. During the following two months (January, February) the price has had an average rise from ₹ 10,929.5 to ₹ 11,543. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % 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 ₹ 13,314 they are 55 % more affordable than the average price for Durgapur . Based on the BHK values, properties with the most expensive rent prices are those with 3 BHK. They are 41 % more expensive than the average aforementioned.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 7.28 / sq.foot, with an average ₹ 11.85 / sq.foot price in Durgapur. Properties with the most expensive price when referring to the number of BHK / sq.foot are those with 3 BHK. They are 30 % more expensive than the average value aforementioned.
