The rent prices in real estate in Kanpur, in the Uttar 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 Kanpur has fallen during the last 6 months. In March, the average price per sq.foot was ₹ 58.96. In the following month the price per sq.foot fell considerably to ₹ 11.46. The price for the following two months in (May, June) had a considerable fall of 33 with regard to the previous two months. The price per sq.foot has had a considerable rise of 519 % 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 ₹ 23.34 to ₹ 121.19 during July, and August.
When referring to the price in Kanpur (cities), this has fallen considerably in the last 6 months. The average price for March is ₹ 1.08 lakhs. During April the price had a considerable fall till ₹ 12,578. During the following two months (May, June) the average price had a considerable fall of 20 % 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 ₹ 36,267.5 to ₹ 20,250, which means a 56 % 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 ₹ 20,250 they are 51 % more affordable than the average price for Kanpur . The properties with the highest average price have 4 BHK, Their price is 60 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 14,583.
With regard to the average price per sq.foot, those properties with 3 BHK are the most affordable ones at a cost of ₹ 8 / sq.foot, with an average ₹ 121.19 / sq.foot price in Kanpur. The properties with the most affordable average prices have 1 BHK. They are 88 % more affordable than the average followed by properties with 2 BHK with a price at ₹ 9 / sq.foot.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₹ 20,250 it is 53 % more affordable than the average price in Kanpur. "Villa" is seen as the second most affordable property type. The most affordable property is "" followed by "Flat". At a price of ₹ 12,548 it is 19 % more affordable than the average price.
According to the average cost per sq.foot, the most affordable property is "Villa" at an average price of ₹ 7 / sq.foot followed by "House" priced at ₹ 8 / sq.foot. "Flat" is the most affordable type of property with a ₹ 10 / sq.foot value followed by "House" with an average price of ₹ 8 / sq.foot.