The rent prices in real estate in Ghazibad, in the Uttar Pradesh region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.foot in Ghazibad has risen strongly during the last 6 months. In March, the average price per sq.foot was ₹ 6. In April this price barely changed remaining at ₹ 6 per sq.foot. The price for the following two months in (May, June) had a considerable rise of 308 %. The price per sq.foot has had a considerable rise of 304 % 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 ₹ 12.25 to ₹ 37.19 during July, and August.
When referring to the price in Ghazibad (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is ₹ 17,967. In April This price remains at ₹ 17,967. During the following two months (May, June) the average price had a considerable fall of 60 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 14,397.25 to ₹ 3,488, which means a 24 % fall.
The graph showing the average price for BHK displays the property with the most expensive price has 1 BHK. It is 436 % more expensive than the average price of ₹ 17,643 in Ghazibad. Based on the BHK values, properties with the most expensive rent prices are those with 1 BHK. They are 436 % more expensive than the average aforementioned.
According to average price per property type in Ghazibad, "" priced at ₹ 17,643 is 436 % more expensive than the average price (₹ 3,291) in this city.