Property prices for rent in Nanded (Maharashtra)
The rent prices in real estate in Nanded, in the Maharashtra region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.foot in Nanded has risen during the last 6 months. In October, the average price per sq.foot was ₹ 10.59. In November this price barely changed remaining at ₹ 11.01 per sq.foot. The price for the following two months in (December, January) had a considerable rise of 136 %. The price per sq.foot has had a considerable fall of 79 % 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 ₹ 12.72 to ₹ 10.01 during February, and March.
When referring to the price in Nanded (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is ₹ 8,243. In November This price remains at ₹ 8,400. During the following two months (December, January) the average price had a considerable rise of 176 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from ₹ 11,471.5 to ₹ 9,927.5 in February and March.
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 ₹ 11,188 they are 24 % more affordable than the average price for Nanded . The properties with the lowest average price have 3 BHK, Their price is 17 % more affordable than the average. After that we have properties with 2 BHK priced at ₹ 8,791.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 9 / sq.foot, with an average ₹ 9.74 / sq.foot price in Nanded. The properties with the most expensive average prices have 2 BHK. They are 3 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 9 / sq.foot.
According to average price per property type in Nanded, "" priced at ₹ 9,250 is 17 % lower than the average price (₹ 11,188) in this city.
