Property prices for rent in Salem (Tamil Nadu)
The rent prices in real estate in Salem, in the Tamil Nadu region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.foot in Salem has barely changed in the last 6 months. In October, the average price per sq.foot was ₹ 11.62. In the following month the price per sq.foot fell to ₹ 10.86. In the following two months the price per sq.foot has practically remained the same, going from ₹ 11.24 to ₹ 11.06 per sq.foot. 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 ₹ 11.15 to ₹ 11.12 during February y March
When referring to the price in Salem (cities), this has risen considerably in the last 6 months. The rent price in October is ₹ 10,989, rising in November till ₹ 12,636. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 11,812.5 to ₹ 11,873.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 133 % 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 ₹ 14,672 they are 53 % more affordable than the average price for Salem . The properties with the highest average price have 4 BHK, Their price is 124 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 25,571.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 9.88 / sq.foot, with an average ₹ 11.05 / sq.foot price in Salem. The properties with the most expensive average prices have 3 BHK. They are 27 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 11.74 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 14,672 it is 46 % more affordable than the average price in Salem. "Flat" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "House". At a price of ₹ 17,409 it is 189 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Villa" at an average price of ₹ 6.95 / sq.foot followed by "Flat" priced at ₹ 10.97 / sq.foot. "House" is the most affordable type of property with a ₹ 11.01 / sq.foot value followed by "Flat" with an average price of ₹ 10.97 / sq.foot.
