The rent prices in real estate in Hyderabad, in the Telangana 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 Hyderabad has risen during the last 6 months. In October, the average price per sq.foot was ₹ 36.47. In November this price barely changed remaining at ₹ 37.72 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 37.1 to ₹ 38.81 per sq.foot. The price per sq.foot has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 37.95 to ₹ 38.28 during February y March
When referring to the price in Hyderabad (cities), this has fallen in the last 6 months. The average price for October is ₹ 65,505. During November the price had a slight fall till ₹ 58,819. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 62,162 to ₹ 62,553. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₹ 62,357.5 and ₹ 59,359.5 between 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 ₹ 59,431 they are 85 % more affordable than the average price for Hyderabad . The properties with the highest average price have 4 BHK, Their price is 56 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 58,781.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 20.23 / sq.foot, with an average ₹ 36.75 / sq.foot price in Hyderabad. The properties with the most expensive average prices have 2 BHK. They are 3 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 36.49 / sq.foot.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of ₹ 59,431 it is 64 % more affordable than the average price in Hyderabad. "Flat" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Villa". At a price of ₹ 1.47 lakhs it is 589 % 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 ₹ 17.21 / sq.foot followed by "Commercial" priced at ₹ 29.89 / sq.foot. "Office" is the most expensive type of property with a ₹ 36,966.27 / sq.foot value followed by "Villa" with an average price of ₹ 43.71 / sq.foot.