The rent prices in real estate in Zirakpur, in the Punjab 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 Zirakpur has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 18.6. In the following month the price per sq.foot fell considerably to ₹ 15.09. In the following two months the price per sq.foot has practically remained the same, going from ₹ 16.84 to ₹ 17.09 per sq.foot. The price per sq.foot has risen 108 % 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 ₹ 16.97 to ₹ 18.27 during February, and March.
When referring to the price in Zirakpur (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is ₹ 21,562. In November This price remains at ₹ 21,669. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 21,615.5 to ₹ 22,349. 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 ₹ 21,982.25 and ₹ 21,071.5 between February and March.
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 ₹ 21,181 they are 38 % more affordable than the average price for Zirakpur . The properties with the highest average price have 4 BHK, Their price is 76 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 21,994.
With regard to the average price per sq.foot, those properties with 3 BHK are the most affordable ones at a cost of ₹ 13.21 / sq.foot, with an average ₹ 18.09 / sq.foot price in Zirakpur. The properties with the most expensive average prices have 1 BHK. They are 17 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 15.94 / sq.foot.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of ₹ 21,181 it is 40 % more affordable than the average price in Zirakpur. "" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "House". At a price of ₹ 26,286 it is 151 % 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 ₹ 12.55 / sq.foot followed by "Flat" priced at ₹ 15.44 / sq.foot. "Commercial" is the most expensive type of property with a ₹ 106 / sq.foot value followed by "House" with an average price of ₹ 47.62 / sq.foot.