The rent prices in real estate in Pilibhit, in the Uttar 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 Pilibhit has had a strong fall during the last 6 months. In November, the average price per sq.foot was ₹ 11.58. In the following month the price per sq.foot fell to ₹ 10.46. The price for the following two months in (January, February) fell 90 % with regard to the previous two months. The price per sq.foot has had a considerable fall of 57 % 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 ₹ 10.47 to ₹ 5.99 during March, and April.
When referring to the price in Pilibhit (cities), this has fallen considerably in the last 6 months. The average price for November is ₹ 10,100. During December the price had a considerable fall till ₹ 8,200. During the following two months (January, February) the average price fell 94 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 8,898 to ₹ 4,812.5, which means a 54 % fall.