The prices in real estate in Thrissur, in the Kerala region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.foot in Thrissur has fallen in the last 6 months. In September, the average price per sq.foot was ₹ 4,642. In the following month the price per sq.foot decreased considerably to ₹ 3,717. The price for the following two months in (November, December) decreased 94 % with regard to the prior two months. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 4,055.75 to ₹ 4,217 during January y February
Based upon to the price in Thrissur (cities), this has gone up considerably in the last 6 months. The price in September is ₹ 91.94 lakhs, rising in October till ₹ 1.02 crores. During the following two months (November, December) the price has had an average incrementation from ₹ 97.09 lakhs to ₹ 1.08 crores. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 1.25 crores they are 84 % more affordable than the average price for Thrissur. The properties with the lowest average price have 4 BHK, Their price is 34 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 54.75 lakhs.
With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 2,631 / sq.foot, with an average ₹ 4,208 / sq.foot price in Thrissur. The properties with the lowest average prices have 4 BHK. They are 10 % cheaper than the average followed by properties with 2 BHK with a price at ₹ 3,720 / sq.foot.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of ₹ 1.25 crores it is 66 % cheaper than the average price in Thrissur. "Flat" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Farm". At a price of ₹ 95.7 lakhs it is 879 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 1,014 / sq.foot followed by "House" priced at ₹ 3,736 / sq.foot. "Farm" is the most costly type of property with a ₹ 4.39 lakhs / sq.foot cost followed by "Commercial" with an average price of ₹ 35,578 / sq.foot.