Property prices for rent in Kakinada (Andhra Pradesh)
The rent prices in real estate in Kakinada, in the Andhra Pradesh region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.foot in Kakinada has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 12.89. In the following month the price per sq.foot fell to ₹ 11.24. In the following two months the price per sq.foot has practically remained the same, going from ₹ 12.06 to ₹ 11.55 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 ₹ 11.81 to ₹ 11.35 during February y March
When referring to the price in Kakinada (cities), there have hardly been any changes in the last 6 months. The average price for October is ₹ 14,313. During November the price had a slight fall till ₹ 13,408. During the following two months (December, January) the price has had an average rise from ₹ 13,860.5 to ₹ 15,923.5. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 14,892 to ₹ 11,498.5, which means a 77 % 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 ₹ 10,572 they are 37 % more affordable than the average price for Kakinada . The properties with the highest average price have 4 BHK, Their price is 148 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 21,167.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 8.35 / sq.foot, with an average ₹ 9.41 / sq.foot price in Kakinada. The properties with the most expensive average prices have 1 BHK. They are 69 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 9.47 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of ₹ 10,572 it is 36 % more expensive than the average price in Kakinada. "Flat" is seen as the second most expensive property type. The most expensive property type is "Flat" followed by "". At a price of ₹ 14,365 it is 27327 % more expensive than the average price.
According to the average area price by sq.foot the most expensive property type is "Flat with an average cost of ₹ 3,374 / sq.foot. "Flat" at an average price of ₹ 3,374 / sq.foot has the highest price and would be directed at more affluent cities.
