Property prices for rent in Wardha (Maharashtra)
The rent prices in real estate in Wardha, in the Maharashtra region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.foot in Wardha has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 9.51. In the following month the price per sq.foot rose considerably to ₹ 11.58. In the following two months the price per sq.foot has practically remained the same, going from ₹ 10.55 to ₹ 10.31 per sq.foot. The price per sq.foot has had a considerable rise of 120 % 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 ₹ 10.43 to ₹ 12.5 during February, and March.
When referring to the price in Wardha (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₹ 8,800. During November the price went through a considerable rise reaching ₹ 11,333. During the following two months (December, January) the average price had a considerable rise of 116 % 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 118 % 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 ₹ 14,400 they are 47 % more affordable than the average price for Wardha . The properties with the lowest average price have 3 BHK, Their price is 15 % more affordable than the average. After that we have properties with 4 BHK priced at ₹ 9,547.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 2 / sq.foot, with an average ₹ 12.22 / sq.foot price in Wardha. The properties with the most affordable average prices have 3 BHK. They are 18 % more affordable than the average followed by properties with 1 BHK with a price at ₹ 4 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 14,400 it is 34 % more affordable than the average price in Wardha. "Office" is seen as the second most affordable property type. The most affordable property is "Office" followed by "". At a price of ₹ 9,547 it is 2 % more affordable than the average price.
According to the average area price by sq.foot the most expensive property type is "Office with an average cost of ₹ 14 / sq.foot. "Office" at an average price of ₹ 14 / sq.foot has the highest price and would be directed at more affluent cities.
