Property prices for rent in Uttarakhand region
The average rent price in the Uttarakhand region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per sq.foot in Uttarakhand has risen considerably in the last 6 months. During November, the average price per sq.foot was ₹ 15.15. In December the price barely changed remaining at ₹ 15.55 per sq.foot. In the following two months (January, February) the rent price per sq.foot has increased notably to a 118 %. In the last two months, the price per sq.foot has had a significant rise of 142 %. This has been obtained by comparing the price of ₹ 16.76 for the first four months of the sample with regard to the previous 4 months and the price of ₹ 23.87 per sq.foot for the last two months (March, April).
When referring to the price in Uttarakhand(region), this has risen in the last 6 months. In the first month sample November the average price is ₹ 18,919. In December the price remains at ₹ 19,469. The average price for the following two months (January, February) rose from ₹ 19,194 to ₹ 20,817.5. During the last two months the price has had a considerable rise of 116 % with respect to the previous four months going from ₹ 20,005.75 a ₹ 23,188.5.
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 59 % cheaper than the average price in Uttarakhand followed by those with 2 with an average price of ₹ 18,179. The most expensive properties have 4 BHK. They are 69 % more expensive than the average followed by those properties with 3 BHK priced at ₹ 26,581.
Based on the average price per sq.foot those properties with 3 BHK are the most affordable ones with a price of ₹ 14.56 / sq.foot being ₹ 26.28 / sq.foot the average for Uttarakhand. The properties with the lowest average price are those with 4 BHK. These are 29 % more affordable than the average followed by those with 1 BHK with a price of ₹ 17.39 / sq.foot.
The graph displaying the average rent price according to the property type shows "Flat" as the most affordable one. With an average cost of ₹ 26,022 it is 31 % cheaper than the average in Uttarakhand. This is followed by "Land" with a cost of ₹ 20,904. The most expensive property type is "Commercial" and is 137 % more costly than the average, followed by "Villa" with a cost of ₹ 57,658.
Based upon the average cost per sq.foot the most affordable property type is "Flat with a an average price of ₹ 13.96 / sq.foot, followed by "House" with a price of ₹ 16.64 / sq.foot. "Villa" with an average price of ₹ 95.84 / sq.foot is the most expensive type of property followed by "Commercial" at a price of ₹ 75.65 / sq.foot.
