Property prices for rent in Ujjain (Madhya Pradesh)
The rent prices in real estate in Ujjain, in the Madhya Pradesh region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.foot in Ujjain has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 8.68. In the following month the price per sq.foot rose considerably to ₹ 13.44. In the following two months the price per sq.foot has risen 106 %, going from ₹ 11.06 to ₹ 11.75 per sq.foot. The price per sq.foot has fallen 95 % 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 ₹ 11.41 to ₹ 10.81 during February, and March.
When referring to the price in Ujjain (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₹ 7,000. During November the price went through a considerable rise reaching ₹ 9,813. During the following two months (December, January) the average price had a considerable rise of 125 % 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 ₹ 9,443 and ₹ 9,639 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 ₹ 10,056 they are 35 % more affordable than the average price for Ujjain . The properties with the highest average price have 4 BHK, Their price is 125 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 9,113.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 10.45 / sq.foot, with an average ₹ 11.06 / sq.foot price in Ujjain. The properties with the most affordable average prices have 1 BHK. They are 3 % more affordable than the average followed by properties with 2 BHK with a price at ₹ 10.45 / sq.foot.
According to average price per property type in Ujjain, "" priced at ₹ 8,784 is 13 % lower than the average price (₹ 10,056) in this city.
