The rent prices in real estate in Noida, in the Uttar Pradesh region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.foot in Noida has barely changed in the last 6 months. In March, the average price per sq.foot was ₹ 12.46. In the following month the price per sq.foot fell considerably to ₹ 7.83. The price for the following two months in (May, June) had a considerable fall of 73 with regard to the previous two months. The price per sq.foot has had a considerable rise of 220 % 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 ₹ 8.78 to ₹ 19.36 during July, and August.
When referring to the price in Noida (cities), this has fallen in the last 6 months. The average price for March is ₹ 15,294. During April the price had a considerable fall till ₹ 9,512. During the following two months (May, June) the average price had a considerable fall of 76 % 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 188 % during the last two months.
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 ₹ 25,813 they are 62 % more affordable than the average price for Noida . The properties with the highest average price have 4 BHK, Their price is 35 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 19,951.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 13.48 / sq.foot, with an average ₹ 20.28 / sq.foot price in Noida. The properties with the most expensive average prices have 4 BHK. They are 3 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 18.74 / sq.foot.
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 25,813 it is 40 % more affordable than the average price in Noida. "Villa" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "House". At a price of ₹ 43,739 it is 70 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Flat" at an average price of ₹ 14.59 / sq.foot followed by "Villa" priced at ₹ 31.27 / sq.foot. "House" is the most expensive type of property with a ₹ 123.3 / sq.foot value followed by "Commercial" with an average price of ₹ 91.93 / sq.foot.