The rent prices in real estate in Latur, in the Maharashtra 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 Latur has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 13.54. In the following month the price per sq.foot fell to ₹ 11.73. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.foot has fallen 90 % 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 ₹ 12.28 to ₹ 11.06 during February, and March.
When referring to the price in Latur (cities), there have hardly been any changes in the last 6 months. The average price for October is ₹ 9,250. During November the price had a slight fall till ₹ 8,722. During the following two months (December, January) the average price fell 93 % 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 had a strong increase of 118 % during the last two months.
The graph displaying the average rent price for BHK illustrates that those properties with 3 BHK are the most affordable ones. At a price of ₹ 11,571 they are 38 % more affordable than the average price for Latur . The properties with the highest average price have 2 BHK, Their price is 22 % more expensive than the average. After that we have properties with 1 BHK priced at ₹ 8,167.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 9.22 / sq.foot, with an average ₹ 11.6 / sq.foot price in Latur. The properties with the most expensive average prices have 2 BHK. They are 15 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 9.22 / sq.foot.
According to average price per property type in Latur, "" priced at ₹ 7,185 is 38 % lower than the average price (₹ 11,571) in this city.