Property prices for rent in Secunderabad (Andhra Pradesh)
The rent prices in real estate in Secunderabad, in the Andhra Pradesh 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 Secunderabad has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 23. In the following month the price per sq.foot rose considerably to ₹ 372. The price for the following two months in (December, January) had a considerable fall of 60 with regard to the previous two months. The price per sq.foot has had a considerable fall of 28 % 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 ₹ 158 to ₹ 45 during February, and March.
When referring to the price in Secunderabad (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₹ 11,749. During November the price went through a considerable rise reaching ₹ 1.09 lakhs. During the following two months (December, January) the average price had a considerable fall of 51 % 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 ₹ 45,383 to ₹ 20,483, which means a 45 % fall.
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 ₹ 10,923 they are 12 % more affordable than the average price for Secunderabad . The properties with the highest average price have 3 BHK, Their price is 128 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 15,271.
According to average price per property type in Secunderabad, "" priced at ₹ 22,314 is 104 % more expensive than the average price (₹ 10,923) in this city.
