Property prices for rent in Puri (Orissa)
The rent prices in real estate in Puri, in the Orissa region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.foot in Puri has risen during the last 6 months. In October, the average price per sq.foot was ₹ 14.18. In the following month the price per sq.foot rose considerably to ₹ 25.18. The price for the following two months in (December, January) had a considerable fall of 69 with regard to the previous two months. The price per sq.foot has had a considerable fall of 68 % 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 ₹ 16.64 to ₹ 11.38 during February, and March.
When referring to the price in Puri (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is ₹ 16,417. During November the price went through a considerable rise reaching ₹ 34,143. During the following two months (December, January) the average price had a considerable fall of 54 % 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 ₹ 19,432.25 to ₹ 11,584.5, which means a 60 % fall.
The graph displaying the average rent price for BHK illustrates that those properties with 3 BHK are the most affordable ones. At a price of ₹ 9,214 they are 13 % more affordable than the average price for Puri . The properties with the highest average price have 4 BHK, Their price is 12618 % more expensive than the average. After that we have properties with 1 BHK priced at ₹ 11,167.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 7.7 / sq.foot, with an average ₹ 10.32 / sq.foot price in Puri. The properties with the most expensive average prices have 4 BHK. They are 2371 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 17.11 / sq.foot.
With regard to the average price based on the property in Puri we can see that the least affordable type of property is "Flat" at ₹ 11.72 lakhs, which is 12618 % more expensive than the average price. "Flat" has the most expensive price. This price is 12618 % more expensive than the average price aforementioned.
According to the average area price by sq.foot the most expensive property type is "Flat with an average cost of ₹ 255 / sq.foot. "Flat" at an average price of ₹ 255 / sq.foot has the highest price and would be directed at more affluent cities.
