Property prices for rent in Warangal (Andhra Pradesh)
The rent prices in real estate in Warangal, 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 Warangal has risen during the last 6 months. In October, the average price per sq.foot was ₹ 9.6. In November this price barely changed remaining at ₹ 9.8 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 9.7 to ₹ 9.39 per sq.foot. The price per sq.foot has had a considerable rise of 123 % 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 ₹ 9.55 to ₹ 11.77 during February, and March.
When referring to the price in Warangal (cities), there have hardly been any changes in the last 6 months. The rent price in October is ₹ 11,247, rising in November till ₹ 12,633. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. 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 ₹ 11,586 and ₹ 11,097.5 between February and March.
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 ₹ 10,778 they are 47 % more affordable than the average price for Warangal . The properties with the highest average price have 3 BHK, Their price is 132 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 10,219.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 9.78 / sq.foot, with an average ₹ 12.17 / sq.foot price in Warangal. The properties with the most expensive average prices have 1 BHK. They are 25 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 14 / sq.foot.
According to average price per property type in Warangal, "" priced at ₹ 5,664 is 47 % lower than the average price (₹ 10,778) in this city.
