Property prices for rent in Gurgaon (Haryana)
The rent prices in real estate in Gurgaon, in the Haryana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.foot in Gurgaon has had a strong fall during the last 6 months. In December, the average price per sq.foot was ₹ 479.3. In the following month the price per sq.foot fell considerably to ₹ 21.07. The price for the following two months in (February, March) had a considerable fall of 8 with regard to the previous two months. The price per sq.foot has had a considerable fall of 16 % 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 ₹ 135.41 to ₹ 22.19 during April, and May.
When referring to the price in Gurgaon (cities), this has fallen considerably in the last 6 months. The average price for December is ₹ 4.63 lakhs. During January the price had a considerable fall till ₹ 32,814. During the following two months (February, March) the average price had a considerable fall of 13 % 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 ₹ 1.4 lakhs to ₹ 29,507.5, which means a 21 % fall.
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 ₹ 30,377 they are 52 % more affordable than the average price for Gurgaon . The properties with the highest average price have 4 BHK, Their price is 98 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 34,187.
With regard to the average price per sq.foot, those properties with 3 BHK are the most affordable ones at a cost of ₹ 18.29 / sq.foot, with an average ₹ 25.43 / sq.foot price in Gurgaon. The properties with the most affordable average prices have 1 BHK. They are 3 % more affordable than the average followed by properties with 4 BHK with a price at ₹ 22.49 / sq.foot.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of ₹ 30,377 it is 33 % more affordable than the average price in Gurgaon. "Flat" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Villa". At a price of ₹ 1.37 lakhs it is 3278 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Land" at an average price of ₹ 19.32 / sq.foot followed by "House" priced at ₹ 20.29 / sq.foot. "Office" is the most expensive type of property with a ₹ 10,785.32 / sq.foot value followed by "Villa" with an average price of ₹ 64.52 / sq.foot.
