Property prices for rent in Jalpaiguri (West Bengal)
The rent prices in real estate in Jalpaiguri, in the West Bengal 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 Jalpaiguri has had a strong fall during the last 6 months. In November, the average price per sq.foot was ₹ 21. In the following month the price per sq.foot fell considerably to ₹ 5. The price for the following two months in (January, February) had a considerable fall of 38 with regard to the previous two months. The price per sq.foot has risen 111 % 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 ₹ 9 to ₹ 10 during March, and April.
When referring to the price in Jalpaiguri (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is ₹ 9,990. In December This price remains at ₹ 10,308. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 10,149 to ₹ 10,622. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 10,385.5 to ₹ 4,990, which means a 48 % 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 ₹ 9,980 they are 53 % more affordable than the average price for Jalpaiguri . The properties with the highest average price have 3 BHK, Their price is 35 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 8,594.
According to average price per property type in Jalpaiguri, "" priced at ₹ 7,996 is 20 % lower than the average price (₹ 9,980) in this city.
