Lexpress Property Trends Lexpress Property Trends EN Light Version | Page 44

GENERAL ASSESSMENT: HOUSES FOR RENT
ASSESSMENT OF RENTAL PRICES FOR 3-BEDROOMS
EVOLUTION OF AVERAGE RENT PRICES BY PRICE RANGE IN RS
102,32K
109,44K 108,29K
110,89K
103,30K
65,92K 67,06K 66,38K 66,21K 67,22K
46,64K 46,55K 46,09K 46,21K 46,46K
28,63K 28,58K 28,16K 28,37K 28,49K
15,26K 15,24K 15,34K 15,64K 15,85K
Regarding 3-bedroom houses, average prices by rental segment are relatively stable over the last 5 years, except for the most expensive segment which has
experienced a clear growth, especially as from 2016.
2018
Rs 40K
MEDIAN PRICE
Rs 28K
Low Price
1 quartile
st
Rs 70K
Median Price
High Price
4 th quartile
Note :
The Median price represents the value at which 50% of properties for rent are less expensive and 50% are more expensive
The 1 st quartile represents the 25% of properties whose price are the cheapest on the market, where 25% of the properties are worth < Rs 28K
The 4 th quartile represents the 25% of properties whose price are the most expensive on the market, where 25% of the properties are worth > Rs 70K
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LEXPRESSPROPERTY TRENDS