The rent prices in real estate in Palwal, in the Haryana 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 Palwal has had a strong fall during the last 6 months. In November, the average price per sq.foot was ₹ 13.38. In December this price barely changed remaining at ₹ 13.74 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 13.56 to ₹ 13.39 per sq.foot. The price per sq.foot has had a considerable fall of 48 % 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 ₹ 13.48 to ₹ 6.5 during March, and April.
When referring to the price in Palwal (cities), this has fallen considerably in the last 6 months. The average price for November is ₹ 18,906. During December the price had a considerable fall till ₹ 15,413. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 17,159.5 to ₹ 17,191.5. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 17,175.5 to ₹ 9,380, which means a 55 % fall.