The rent prices in real estate in Srikakulam, in the Andhra 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 Srikakulam has fallen during the last 6 months. In November, the average price per sq.foot was ₹ 6.65. In the following month the price per sq.foot fell to ₹ 5.85. The price for the following two months in (January, February) fell 91 % with regard to the previous two months. The price per sq.foot has risen 111 % 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 ₹ 5.98 to ₹ 6.62 during March, and April.
When referring to the price in Srikakulam (cities), this has risen in the last 6 months. In our first sample month during November, the average price is ₹ 6,417. In December This price remains at ₹ 6,667. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 6,542 to ₹ 6,500. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
The graph showing the average price for BHK displays the property with the most affordable price has 1 BHK. It is 37 % more affordable than the average price of ₹ 4,833 in Srikakulam. Based on the BHK values, properties with the most expensive rent prices are those with 2 BHK. They are 17 % more expensive than the average aforementioned.
With regard to the average prices per sq.foot those properties with 2 BHK are 3 % more expensive than the average price of (₹ 7.14 / sq.foot) in Srikakulam. Properties with the most expensive price when referring to the number of BHK / sq.foot are those with 1 BHK. They are 35 % more expensive than the average value aforementioned.