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 April, the average price per sq.foot was ₹ 13.49. In the following month the price per sq.foot rose considerably to ₹ 20.98. In the following two months the price per sq.foot has practically remained the same, going from ₹ 17.24 to ₹ 17.53 per sq.foot. The price per sq.foot has fallen 94 % 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 ₹ 17.39 to ₹ 16.38 during August, and September.
When referring to the price in Jetpur (cities), this has risen considerably in the last 6 months. The rent price in April is ₹ 13,635, rising in May till ₹ 14,469. During the following two months (June, July) the average price had a considerable rise of 125 % 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 107 % 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 ₹ 15,381 they are 49 % more affordable than the average price for Jetpur . The properties with the highest average price have 4 BHK, Their price is 71 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 16,116.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 10.69 / sq.foot, with an average ₹ 14.97 / sq.foot price in Jetpur. The properties with the most expensive average prices have 1 BHK. They are 4 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 10.82 / sq.foot.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of ₹ 15,381 it is 21 % 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 ₹ 29,600 it is 148 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Flat" at an average price of ₹ 10.49 / sq.foot followed by "Land" priced at ₹ 11.67 / sq.foot. "Villa" is the most expensive type of property with a ₹ 43.38 / sq.foot value followed by "Commercial" with an average price of ₹ 33.01 / sq.foot.