Property prices for rent in Ghaziabad (Uttar Pradesh)
The rent prices in real estate in Ghaziabad, in the Uttar Pradesh region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.foot in Ghaziabad has barely changed in the last 6 months. In October, the average price per sq.foot was ₹ 18.3. In the following month the price per sq.foot rose to ₹ 20.17. In the following two months the price per sq.foot has practically remained the same, going from ₹ 19.24 to ₹ 19.17 per sq.foot. The price per sq.foot has fallen 87 % 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 ₹ 19.2 to ₹ 16.66 during February, and March.
When referring to the price in Ghaziabad (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is ₹ 20,183. In November This price remains at ₹ 20,831. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from ₹ 19,745.75 to ₹ 18,252 in 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 ₹ 17,729 they are 56 % more affordable than the average price for Ghaziabad . The properties with the highest average price have 4 BHK, Their price is 134 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 23,026.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 15.38 / sq.foot, with an average ₹ 16.53 / sq.foot price in Ghaziabad. The properties with the most expensive average prices have 4 BHK. They are 7 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 15.75 / sq.foot.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of ₹ 17,729 it is 35 % more affordable than the average price in Ghaziabad. "Flat" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "House". At a price of ₹ 70,600 it is 3071 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Villa" at an average price of ₹ 8.48 / sq.foot followed by "Land" priced at ₹ 13.59 / sq.foot. "Office" is the most expensive type of property with a ₹ 420 / sq.foot value followed by "Commercial" with an average price of ₹ 62.54 / sq.foot.
