The rent prices in real estate in Jetpur, in the Gujarat 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 Jetpur has risen strongly during the last 6 months. In September, the average price per sq.foot was ₹ 16.54. In the following month the price per sq.foot rose considerably to ₹ 26.6. In the following two months the price per sq.foot has risen 105 %, going from ₹ 21.57 to ₹ 22.71 per sq.foot. The price per sq.foot has risen 107 % 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 ₹ 22.14 to ₹ 23.62 during January, and February.
When referring to the price in Jetpur (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is ₹ 26,863. During October the price went through a considerable rise reaching ₹ 33,474. During the following two months (November, December) the average price had a considerable rise of 129 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 ₹ 37,841 they are 78 % more affordable than the average price for Jetpur . The properties with the highest average price have 3 BHK, Their price is 271 % more expensive than the average. After that we have properties with 4 BHK priced at ₹ 31,181.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 7 / sq.foot, with an average ₹ 24.07 / sq.foot price in Jetpur. The properties with the most expensive average prices have 3 BHK. They are 531 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 11 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 37,841 it is 78 % more affordable than the average price in Jetpur. "Office" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Villa". At a price of ₹ 32,048 it is 5 % 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 ₹ 7 / sq.foot followed by "Flat" priced at ₹ 9 / sq.foot. "Villa" is the most expensive type of property with a ₹ 38 / sq.foot value followed by "Commercial" with an average price of ₹ 25 / sq.foot.