The rent prices in real estate in Nizamabad, in the Andhra Pradesh region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.foot in Nizamabad has had a strong fall during the last 6 months. In November, the average price per sq.foot was ₹ 16.97. In the following month the price per sq.foot fell to ₹ 14.72. The price for the following two months in (January, February) had a considerable fall of 52 with regard to the previous two months. The price per sq.foot has had a considerable rise of 115 % 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 ₹ 12.07 to ₹ 13.91 during March, and April.
When referring to the price in Nizamabad (cities), this has risen in the last 6 months. The average price for November is ₹ 7,000. During December the price had a slight fall till ₹ 6,500. During the following two months (January, February) the average price had a considerable rise of 123 % with regard to the previous two months. 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 ₹ 7,540 and ₹ 7,910 between March and April.