Property prices for rent in Gulbarga (Karnataka)
The rent prices in real estate in Gulbarga, in the Karnataka 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 Gulbarga has risen during the last 6 months. In October, the average price per sq.foot was ₹ 9.53. In the following month the price per sq.foot rose considerably to ₹ 11.5. In the following two months the price per sq.foot has practically remained the same, going from ₹ 10.52 to ₹ 10.39 per sq.foot. The price per sq.foot has fallen 91 % 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 ₹ 10.45 to ₹ 9.53 during February, and March.
When referring to the price in Gulbarga (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₹ 7,871. During November the price went through a considerable rise reaching ₹ 11,037. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 9,454 to ₹ 9,514.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from ₹ 9,484.25 to ₹ 8,888.5 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 ₹ 8,140 they are 26 % more affordable than the average price for Gulbarga . The properties with the highest average price have 3 BHK, Their price is 68 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 11,056.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 8.75 / sq.foot, with an average ₹ 9.37 / sq.foot price in Gulbarga. The properties with the most expensive average prices have 2 BHK. They are 1 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 8.75 / sq.foot.
According to average price per property type in Gulbarga, "" priced at ₹ 8,496 is 4 % more expensive than the average price (₹ 8,140) in this city.
