The rent prices in real estate in Muzaffarnagar, in the Uttar Pradesh 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 Muzaffarnagar has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 11.19. In the following month the price per sq.foot rose considerably to ₹ 18.13. The price for the following two months in (December, January) had a considerable rise of 117 %. The price per sq.foot has had a considerable fall of 58 % 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 ₹ 15.92 to ₹ 9.3 during February, and March.
When referring to the price in Muzaffarnagar (cities), there have hardly been any changes in the last 6 months. The rent price in October is ₹ 11,938, rising in November till ₹ 12,688. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 12,313 to ₹ 11,722.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₹ 12,017.75 and ₹ 11,833.5 between February and March.