Property prices for rent in Surat (Gujarat)
The rent prices in real estate in Surat, in the Gujarat region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.foot in Surat has barely changed in the last 6 months. In October, the average price per sq.foot was ₹ 16.01. In November this price barely changed remaining at ₹ 15.29 per sq.foot. In the following two months the price per sq.foot has risen 106 %, going from ₹ 15.65 to ₹ 16.65 per sq.foot. The price per sq.foot has risen 107 % 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 ₹ 16.15 to ₹ 17.22 during February, and March.
When referring to the price in Surat (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is ₹ 22,238. In November This price remains at ₹ 22,019. During the following two months (December, January) the average price had a considerable rise of 122 % 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 had a strong increase of 126 % 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 ₹ 33,690 they are 64 % more affordable than the average price for Surat . The properties with the highest average price have 4 BHK, Their price is 81 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 32,118.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 15.82 / sq.foot, with an average ₹ 17.72 / sq.foot price in Surat. The properties with the most affordable average prices have 4 BHK. They are 1 % more affordable than the average followed by properties with 1 BHK with a price at ₹ 17.01 / sq.foot.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of ₹ 33,690 it is 63 % more affordable than the average price in Surat. "" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Villa". At a price of ₹ 49,233 it is 180 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Land" at an average price of ₹ 2 / sq.foot followed by "House" priced at ₹ 10.68 / sq.foot. "Office" is the most expensive type of property with a ₹ 66 / sq.foot value followed by "Villa" with an average price of ₹ 46.38 / sq.foot.
