The rent prices in real estate in Vijayawada, in the Andhra Pradesh region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.foot in Vijayawada has risen during the last 6 months. In October, the average price per sq.foot was ₹ 11.84. In November this price barely changed remaining at ₹ 11.68 per sq.foot. In the following two months the price per sq.foot has risen 108 %, going from ₹ 11.76 to ₹ 12.7 per sq.foot. The price per sq.foot has risen 110 % 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 ₹ 12.23 to ₹ 13.45 during February, and March.
When referring to the price in Vijayawada (cities), this has risen in the last 6 months. The average price for October is ₹ 16,420. During November the price had a slight fall till ₹ 15,536. During the following two months (December, January) the price has had an average rise from ₹ 15,978 to ₹ 17,753.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 123 % 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 ₹ 24,912 they are 70 % more affordable than the average price for Vijayawada . The properties with the highest average price have 4 BHK, Their price is 110 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 17,513.
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 ₹ 14.54 / sq.foot price in Vijayawada. The properties with the most affordable average prices have 2 BHK. They are 11 % more affordable than the average followed by properties with 3 BHK with a price at ₹ 10 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of ₹ 24,912 it is 62 % more expensive than the average price in Vijayawada. "Flat" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Flat". At a price of ₹ 14.74 lakhs it is 14074 % more expensive than the average price.
According to the average cost per sq.foot, the least affordable property would be "Flat" at an average price of ₹ 6,112 / sq.foot followed by "House" priced at ₹ 13,275 / sq.foot. "House" is the most expensive type of property with a ₹ 13,275 / sq.foot value followed by "Flat" with an average price of ₹ 6,112 / sq.foot.