The rent prices in real estate in Sonepat, in the Haryana 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 Sonepat has had a strong fall during the last 6 months. In October, the average price per sq.foot was ₹ 17.83. In the following month the price per sq.foot fell considerably to ₹ 10.91. The price for the following two months in (December, January) had a considerable fall of 69 with regard to the previous two months. The price per sq.foot has had a considerable fall of 78 % 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 ₹ 12.15 to ₹ 9.45 during February, and March.
When referring to the price in Sonepat (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 12,500. During November the price had a considerable fall till ₹ 9,906. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 11,203 to ₹ 11,374. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from ₹ 11,288.5 to ₹ 9,608.5 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 ₹ 9,470 they are 21 % more affordable than the average price for Sonepat . The properties with the highest average price have 4 BHK, Their price is 175 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 13,611.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 1 / sq.foot, with an average ₹ 9.63 / sq.foot price in Sonepat. The properties with the most expensive average prices have 1 BHK. They are 97 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 6 / sq.foot.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of ₹ 9,470 it is 4 % more expensive than the average price in Sonepat. "" is seen as the second most expensive property type. The most expensive property type is "Villa" followed by "". At a price of ₹ 10,194 it is 151 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Villa" at an average price of ₹ 2 / sq.foot followed by "House" priced at ₹ 13 / sq.foot. "House" is the most expensive type of property with a ₹ 13 / sq.foot value followed by "Villa" with an average price of ₹ 2 / sq.foot.