The rent prices in real estate in Vasai, in the Maharashtra 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 Vasai has had a strong fall during the last 6 months. In October, the average price per sq.foot was ₹ 17. In the following month the price per sq.foot fell considerably to ₹ 12. The price for the following two months in (December, January) had a considerable fall of 83 with regard to the previous two months. The price per sq.foot has had a considerable rise of 121 % 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 ₹ 13.25 to ₹ 16 during February, and March.
When referring to the price in Vasai (cities), this has fallen in the last 6 months. The average price for October is ₹ 48,637. During November the price had a considerable fall till ₹ 32,465. During the following two months (December, January) the average price had a considerable fall of 80 % 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 175 % during the last two months.
The graph displaying the average rent price for BHK illustrates that those properties with 2 BHK are the most affordable ones. At a price of ₹ 63,808 they are 66 % more affordable than the average price for Vasai . The properties with the highest average price have 1 BHK, Their price is 2 % more expensive than the average. After that we have properties with 4 BHK priced at ₹ 41,900.
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 ₹ 16 / sq.foot price in Vasai. The properties with the most affordable average prices have 1 BHK. They are 81 % more affordable than the average followed by properties with 4 BHK with a price at ₹ 1 / sq.foot.
According to average price per property type in Vasai, "" priced at ₹ 30,504 is 52 % lower than the average price (₹ 63,808) in this city.