Property prices for rent in Solan (Himachal Pradesh)
The rent prices in real estate in Solan, in the Himachal Pradesh region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.foot in Solan has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 15.12. In the following month the price per sq.foot fell to ₹ 13.84. The price for the following two months in (December, January) had a considerable fall of 82 with regard to the previous two months. The price per sq.foot has risen 113 % 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 ₹ 13.16 to ₹ 14.81 during February, and March.
When referring to the price in Solan (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 17,144. During November the price had a slight fall till ₹ 15,529. During the following two months (December, January) the average price had a considerable fall of 83 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₹ 14,978.25 and ₹ 14,902 between 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 ₹ 13,672 they are 57 % more affordable than the average price for Solan . The properties with the highest average price have 3 BHK, Their price is 90 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 13,750.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 13.39 / sq.foot, with an average ₹ 14.75 / sq.foot price in Solan. The properties with the most expensive average prices have 1 BHK. They are 24 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 15.42 / sq.foot.
According to average price per property type in Solan, "" priced at ₹ 12,776 is 7 % lower than the average price (₹ 13,672) in this city.
