The rent prices in real estate in Malda, in the West Bengal 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 Malda has risen strongly during the last 6 months. In November, the average price per sq.foot was ₹ 9.71. In the following month the price per sq.foot rose to ₹ 10.59. In the following two months the price per sq.foot has risen 112 %, going from ₹ 10.15 to ₹ 11.4 per sq.foot. The price per sq.foot has had a considerable rise of 142 % 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 ₹ 10.77 to ₹ 15.31 during March, and April.
When referring to the price in Malda (cities), this has risen considerably in the last 6 months. The rent price in November is ₹ 7,729, rising in December till ₹ 8,286. During the following two months (January, February) the average price had a considerable rise of 118 % 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 125 % during the last two months.