The rent prices in real estate in Noida, in the Uttar Pradesh region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.foot in Noida has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 32.05. In the following month the price per sq.foot fell to ₹ 29.35. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.foot has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 28.98 to ₹ 28.89 during February y March
When referring to the price in Noida (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 53,758. During November the price had a considerable fall till ₹ 35,700. During the following two months (December, January) the average price had a considerable fall of 76 % 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 93 %, going from ₹ 39,470.25 to ₹ 36,735 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 ₹ 38,251 they are 64 % more affordable than the average price for Noida . The properties with the highest average price have 4 BHK, Their price is 43 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 25,956.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 18.4 / sq.foot, with an average ₹ 32.5 / sq.foot price in Noida. The properties with the most affordable average prices have 1 BHK. They are 15 % more affordable than the average followed by properties with 3 BHK with a price at ₹ 22.32 / sq.foot.
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 38,251 it is 39 % more affordable than the average price in Noida. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Office". At a price of ₹ 1.73 lakhs it is 453 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Commercial" at an average price of ₹ 17.69 / sq.foot followed by "Flat" priced at ₹ 21.49 / sq.foot. "House" is the most expensive type of property with a ₹ 55.67 / sq.foot value followed by "Villa" with an average price of ₹ 53.34 / sq.foot.