Property prices for rent in Sikar (Rajasthan)
The rent prices in real estate in Sikar, in the Rajasthan 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 Sikar has had a strong fall during the last 6 months. In October, the average price per sq.foot was ₹ 15.68. In the following month the price per sq.foot fell considerably to ₹ 9.65. The price for the following two months in (December, January) had a considerable fall of 77 with regard to the previous two months. The price per sq.foot has fallen 88 % 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 ₹ 11.21 to ₹ 9.85 during February, and March.
When referring to the price in Sikar (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₹ 5,900. During November the price went through a considerable rise reaching ₹ 10,318. During the following two months (December, January) the price has had an average rise from ₹ 8,109 to ₹ 8,835. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from ₹ 8,472 to ₹ 7,913 in February and March.
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 ₹ 8,013 they are 33 % more affordable than the average price for Sikar . The properties with the highest average price have 4 BHK, Their price is 1029 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 14,303.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 9.26 / sq.foot, with an average ₹ 9.61 / sq.foot price in Sikar. The properties with the most expensive average prices have 4 BHK. They are 399 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 10 / sq.foot.
The graph displaying the average rent prices displays the property type "Farm" as the most expensive one. At an cost of ₹ 8,013 it is 1013 % more expensive than the average price in Sikar. "House" is seen as the second most expensive property type. The most expensive property type is "Villa" followed by "House". At a price of ₹ 89,816 it is 1029 % more expensive than the average price.
According to the average cost per sq.foot, the least affordable property would be "Farm" at an average price of ₹ 34 / sq.foot followed by "House" priced at ₹ 41 / sq.foot. "Villa" is the most expensive type of property with a ₹ 48 / sq.foot value followed by "House" with an average price of ₹ 41 / sq.foot.
