The rent prices in real estate in Vadodara, in the Gujarat 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 Vadodara has fallen during the last 6 months. In November, the average price per sq.foot was ₹ 15.01. In the following month the price per sq.foot rose to ₹ 16.56. The price for the following two months in (January, February) had a considerable fall of 84 with regard to the previous two months. The price per sq.foot has had a considerable fall of 77 % 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 ₹ 14.5 to ₹ 11.18 during March, and April.
When referring to the price in Vadodara (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is ₹ 13,951. During December the price went through a considerable rise reaching ₹ 18,426. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 16,188.5 to ₹ 15,843. 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 ₹ 16,015.75 and ₹ 15,374 between March and April.
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 ₹ 15,654 they are 55 % more affordable than the average price for Vadodara . The properties with the highest average price have 4 BHK, Their price is 67 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 18,781.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 10.86 / sq.foot, with an average ₹ 11.17 / sq.foot price in Vadodara. The properties with the most expensive average prices have 4 BHK. They are 12 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 11.97 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 15,654 it is 50 % more affordable than the average price in Vadodara. "Villa" is seen as the second most affordable property type. The most expensive property type is "Bungalow" followed by "Land". At a price of ₹ 19,975 it is 355 % 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 ₹ 10.87 / sq.foot followed by "Flat" priced at ₹ 11.51 / sq.foot. "Bungalow" is the most expensive type of property with a ₹ 39 / sq.foot value followed by "House" with an average price of ₹ 21.64 / sq.foot.