The rent prices in real estate in Pimpri, in the Maharashtra region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.foot in Pimpri has risen strongly during the last 6 months. In September, the average price per sq.foot was . In the following month the price per sq.foot rose considerably to ₹ 50.51. The price for the following two months in (November, December) had a considerable rise of 227 %. The price per sq.foot has had a considerable rise of 135 % 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 ₹ 41.31 to ₹ 55.69 during January, and February.
When referring to the price in Pimpri (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching ₹ 20,333. During the following two months (November, December) the average price had a considerable rise of 3252 % 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 ₹ 2.49 lakhs they are 95 % more affordable than the average price for Pimpri . The properties with the lowest average price have 4 BHK, Their price is 85 % more affordable than the average. After that we have properties with 3 BHK priced at ₹ 24,058.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 1 / sq.foot, with an average ₹ 46.76 / sq.foot price in Pimpri. The properties with the most affordable average prices have 2 BHK. They are 66 % more affordable than the average followed by properties with 1 BHK with a price at ₹ 14 / sq.foot.
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 2.49 lakhs it is 94 % more affordable than the average price in Pimpri. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of ₹ 68,953 it is 1969 % 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 ₹ 2 / sq.foot followed by "Villa" priced at ₹ 33 / sq.foot. "House" is the most expensive type of property with a ₹ 2,324 / sq.foot value followed by "Land" with an average price of ₹ 53 / sq.foot.