The rent prices in real estate in Chittoor, in the Andhra Pradesh region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.foot in Chittoor has had a strong fall during the last 6 months. In October, the average price per sq.foot was ₹ 10.07. In the following month the price per sq.foot rose to ₹ 10.93. The price for the following two months in (December, January) had a considerable fall of 74 with regard to the previous two months. The price per sq.foot has had a considerable fall of 33 % 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 ₹ 9.15 to ₹ 3.06 during February, and March.
When referring to the price in Chittoor (cities), this has fallen considerably in the last 6 months. The rent price in October is ₹ 9,600, rising in November till ₹ 10,500. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 9,556.75 to ₹ 4,500, which means a 47 % fall.