Property prices for rent in Nagpur (Maharashtra)

The rent prices in real estate in Nagpur, 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.

₹ 17,097.67
Average price last 6 months
₹ 14
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Nagpur has fallen during the last 6 months. In March, the average price per sq.foot was ₹ 15.51. In April this price barely changed remaining at ₹ 14.75 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 15.13 to ₹ 14.92 per sq.foot. The price per sq.foot has had a considerable fall of 80 % 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 ₹ 15.02 to ₹ 11.94 during July, and August.

Average price

When referring to the price in Nagpur (cities), this has fallen considerably in the last 6 months. The average price for March is ₹ 22,575. During April the price had a considerable fall till ₹ 16,898. During the following two months (May, June) the average price fell 89 % 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 ₹ 18,635.5 to ₹ 14,022, which means a 75 % fall.

Average price per BHK

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 ₹ 14,519 they are 45 % more affordable than the average price for Nagpur . The properties with the highest average price have 4 BHK, Their price is 200 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 23,555.

With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 11.15 / sq.foot, with an average ₹ 12.34 / sq.foot price in Nagpur. The properties with the most expensive average prices have 4 BHK. They are 49 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 15.57 / sq.foot.

Price per property type

The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of ₹ 14,519 it is 15 % more affordable than the average price in Nagpur. "Flat" is seen as the second most affordable property type. The most expensive property type is "Row House" followed by "Commercial". At a price of ₹ 1.41 lakhs it is 15350 % more expensive than the average price.

According to the average cost per sq.foot, the most affordable property is "Villa" at an average price of ₹ 11 / sq.foot followed by "Flat" priced at ₹ 12.04 / sq.foot. "Row House" is the most expensive type of property with a ₹ 29,830 / sq.foot value followed by "Commercial" with an average price of ₹ 72 / sq.foot.

Charts data
Average price August
Average price per sq.foot August
Number of properties used in Nagpur
Number of properties used in region Maharashtra
₹ 14,519
₹ 12.34
28,104
13,87,296
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value