Property prices for rent in Union Territory Of Chandigarh region
The average rent price in the Union Territory Of Chandigarh region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.foot in Union Territory Of Chandigarh has risen in the last 6 months. During October, the average price per sq.foot was ₹ 23.34. In November the price barely changed remaining at ₹ 23.83 per sq.foot. The following two months (December, January) went through a fall of 93 % in the rent price per sq.foot with regard to the previous two. In the last two months, the price per sq.foot has had a significant rise of 127 %. This has been obtained by comparing the price of ₹ 22.79 for the first four months of the sample with regard to the previous 4 months and the price of ₹ 28.91 per sq.foot for the last two months (February, March).
When referring to the price in Union Territory Of Chandigarh(region), there have hardly been any changes in the last 6 months. October has an average price of ₹ 31,913. During Novemberthe price had a slight fall till ₹ 27,531. In the following two months the average price has fallen 82 % compared to the previous two. During the last two months the price has had a considerable rise of 156 % with respect to the previous four months going from ₹ 27,115.75 a ₹ 42,431.
The graph displaying the the average rent price per number of BHK shows that those with 1 BHK are the most affordable ones. They are 73 % cheaper than the average price in Union Territory Of Chandigarh followed by those with 2 with an average price of ₹ 24,725. The most affordable properties have 3 BHK. They are 4 % cheaper than the average followed by those properties with 4 BHK priced at ₹ 48,031.
Based on the average price per sq.foot those properties with 2 BHK are the most affordable ones with a price of ₹ 18.8 / sq.foot being ₹ 31.72 / sq.foot the average for Union Territory Of Chandigarh. The properties with the lowest average price are those with 3 BHK. These are 18 % more affordable than the average followed by those with 4 BHK with a price of ₹ 21.64 / sq.foot.
The graph displaying the average rent price according to the property type shows "Office" as the most affordable one. With an average cost of ₹ 51,006 it is 75 % cheaper than the average in Union Territory Of Chandigarh. This is followed by "Flat" with a cost of ₹ 37,125. The most expensive property type is "Commercial" and is 913 % more costly than the average, followed by "Land" with a cost of ₹ 3.08 lakhs.
Based upon the average cost per sq.foot the most affordable property type is "Villa with a an average price of ₹ 19.98 / sq.foot, followed by "Flat" with a price of ₹ 23.03 / sq.foot. "Office" with an average price of ₹ 1,003 / sq.foot is the most expensive type of property followed by "Commercial" at a price of ₹ 106 / sq.foot.
