The rent prices in real estate in Lonavala, 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 Lonavala has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 27.12. In the following month the price per sq.foot rose considerably to ₹ 39.22. The price for the following two months in (December, January) had a considerable fall of 76 with regard to the previous two months. The price per sq.foot has had a considerable fall of 64 % 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 ₹ 29.14 to ₹ 18.59 during February, and March.
When referring to the price in Lonavala (cities), this has fallen in the last 6 months. The average price during our first sample month during October, is ₹ 54,750. During November the price went through a considerable rise reaching ₹ 69,200. During the following two months (December, January) the average price fell 87 % 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 ₹ 58,064.5 to ₹ 39,772.5, which means a 68 % fall.
The graph showing the average price for BHK displays the property with the most affordable price has 1 BHK. It is 68 % more affordable than the average price of ₹ 9,200 in Lonavala. Based on the BHK values, properties with the most affordable rent prices are those with 2 BHK. They are 47 % more affordable than the average aforementioned.
With regard to the average prices per sq.foot those properties with 1 BHK are 16 % more affordable than the average price of (₹ 13.4 / sq.foot) in Lonavala. Properties with the most expensive price when referring to the number of BHK / sq.foot are those with 2 BHK. They are 4 % more expensive than the average value aforementioned.