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 June, the average price per sq.foot was ₹ 17.31. In the following month the price per sq.foot rose considerably to ₹ 26.75. In the following two months the price per sq.foot has risen 110 %, going from ₹ 22.03 to ₹ 24.17 per sq.foot. The price per sq.foot has risen 105 % 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 ₹ 23.1 to ₹ 24.33 during October, and November.
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 June, is ₹ 28,818. During July the price went through a considerable rise reaching ₹ 58,324. During the following two months (August, September) the average price had a considerable rise of 127 % 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 ₹ 49,510.75 to ₹ 40,047, which means a 81 % 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 ₹ 46,620 they are 74 % more affordable than the average price for Jetpur . The properties with the lowest average price have 4 BHK, Their price is 33 % more affordable than the average. After that we have properties with 3 BHK priced at ₹ 26,091.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 11 / sq.foot, with an average ₹ 22.06 / sq.foot price in Jetpur. The properties with the most expensive average prices have 1 BHK. They are 33 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 15.86 / sq.foot.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₹ 46,620 it is 82 % more affordable than the average price in Jetpur. "Office" is seen as the second most affordable property type. The most affordable property is "Commercial" followed by "Villa". At a price of ₹ 32,147 it is 14 % more affordable than the average price.
According to the average cost per sq.foot, the most affordable property is "House" at an average price of ₹ 1 / sq.foot followed by "Land" priced at ₹ 10 / sq.foot. "Villa" is the most expensive type of property with a ₹ 41 / sq.foot value followed by "Commercial" with an average price of ₹ 28 / sq.foot.