The rent prices in real estate in Vijayawada, in the Andhra Pradesh 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 Vijayawada has fallen during the last 6 months. In September, the average price per sq.foot was ₹ 13.13. In the following month the price per sq.foot fell to ₹ 11.84. The price for the following two months in (November, December) fell 95 % with regard to the previous two months. The price per sq.foot has risen 106 % 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 ₹ 12.15 to ₹ 12.9 during January, and February.
When referring to the price in Vijayawada (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is ₹ 16,133. In October This price remains at ₹ 16,420. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 16,276.5 to ₹ 16,818. 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 ₹ 16,547.25 and ₹ 17,046 between January and February.
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 ₹ 16,685 they are 56 % more affordable than the average price for Vijayawada . The properties with the highest average price have 4 BHK, Their price is 215 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 17,531.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 2 / sq.foot, with an average ₹ 12.37 / sq.foot price in Vijayawada. The properties with the most expensive average prices have 2 BHK. They are 10 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 10.95 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of ₹ 16,685 it is 33 % more expensive than the average price in Vijayawada. "Land" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Flat". At a price of ₹ 14.76 lakhs it is 21083 % 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 ₹ 1 / sq.foot followed by "Flat" priced at ₹ 6,119 / sq.foot. "House" is the most expensive type of property with a ₹ 13,289 / sq.foot value followed by "Flat" with an average price of ₹ 6,119 / sq.foot.