Property prices for rent in Vizianagaram (Andhra Pradesh)
The rent prices in real estate in Vizianagaram, in the Andhra Pradesh 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 Vizianagaram has had a strong fall during the last 6 months. In October, the average price per sq.foot was ₹ 10.47. In the following month the price per sq.foot fell to ₹ 9.14. The price for the following two months in (December, January) had a considerable fall of 62 with regard to the previous two months. The price per sq.foot has had a considerable fall of 83 % 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 ₹ 7.93 to ₹ 6.55 during February, and March.
When referring to the price in Vizianagaram (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is ₹ 7,813. In November This price remains at ₹ 8,000. During the following two months (December, January) the average price fell 90 % 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 increased 107 % during the last two months.
The graph displaying the average rent price for BHK illustrates that those properties with 4 BHK are the most affordable ones. At a price of ₹ 8,875 they are 49 % more affordable than the average price for Vizianagaram . The properties with the highest average price have 3 BHK, Their price is 14 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 7,635.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 6 / sq.foot, with an average ₹ 6.97 / sq.foot price in Vizianagaram. The properties with the most expensive average prices have 4 BHK. They are 259 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 6 / sq.foot.
With regard to the average price based on the property in Vizianagaram we can see that the most affordable type of property is "Land" at ₹ 4,528, which is 49 % cheaper than the average price. "Land" has the most affordable price. This price is 49 % more affordable than the average price aforementioned.
According to the average area price by sq.foot the most expensive property type is "Land with an average cost of ₹ 25 / sq.foot. "Land" at an average price of ₹ 25 / sq.foot has the highest price and would be directed at more affluent cities.
