Property prices for rent in Secunderabad (Andhra Pradesh)
The rent prices in real estate in Secunderabad, in the Andhra 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 Secunderabad has had a strong fall during the last 6 months. In November, the average price per sq.foot was ₹ 372. In the following month the price per sq.foot fell considerably to ₹ 157. The price for the following two months in (January, February) had a considerable fall of 28 with regard to the previous two months. The price per sq.foot has had a considerable fall of 13 % 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 ₹ 169.5 to ₹ 21.5 during March, and April.
When referring to the price in Secunderabad (cities), this has fallen considerably in the last 6 months. The average price for November is ₹ 1.09 lakhs. During December the price had a considerable fall till ₹ 30,796. During the following two months (January, February) the average price had a considerable fall of 43 % 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 ₹ 49,956.5 to ₹ 11,330, which means a 23 % 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 ₹ 11,737 they are 19 % more affordable than the average price for Secunderabad . The properties with the highest average price have 3 BHK, Their price is 112 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 15,255.
According to average price per property type in Secunderabad, "" priced at ₹ 22,291 is 90 % more expensive than the average price (₹ 11,737) in this city.
