Property prices for rent in Shimla (Rajasthan)
The rent prices in real estate in Shimla, in the Rajasthan 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 Shimla has risen during the last 6 months. In October, the average price per sq.foot was ₹ 19.04. In November this price barely changed remaining at ₹ 18.45 per sq.foot. The price for the following two months in (December, January) had a considerable rise of 118 %. 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 ₹ 20.44 to ₹ 21.07 during February y March
When referring to the price in Shimla (cities), this has risen in the last 6 months. The average price for October is ₹ 16,453. During November the price had a slight fall till ₹ 15,392. During the following two months (December, January) the average price had a considerable rise of 118 % 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 increased 111 % 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 ₹ 18,080 they are 38 % more affordable than the average price for Shimla . The properties with the highest average price have 4 BHK, Their price is 42 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 25,300.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 6 / sq.foot, with an average ₹ 20.37 / sq.foot price in Shimla. The properties with the most expensive average prices have 3 BHK. They are 8 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 19.91 / sq.foot.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₹ 18,080 it is 34 % more affordable than the average price in Shimla. "Flat" is seen as the second most affordable property type. The most expensive property type is "" followed by "Flat". At a price of ₹ 18,748 it is 192 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "House" at an average price of ₹ 3 / sq.foot followed by "Flat" priced at ₹ 11 / sq.foot. "Flat" is the most affordable type of property with a ₹ 11 / sq.foot value followed by "House" with an average price of ₹ 3 / sq.foot.
