The rent prices in real estate in Coimbatore, in the Tamil Nadu region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.foot in Coimbatore has risen during the last 6 months. In September, the average price per sq.foot was ₹ 13.15. In October this price barely changed remaining at ₹ 13.26 per sq.foot. In the following two months the price per sq.foot has risen 112 %, going from ₹ 13.2 to ₹ 14.81 per sq.foot. The price per sq.foot has risen 107 % 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 ₹ 14.01 to ₹ 14.94 during January, and February.
When referring to the price in Coimbatore (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is ₹ 12,846. During October the price went through a considerable rise reaching ₹ 15,174. During the following two months (November, December) the average price had a considerable rise of 118 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₹ 15,247.75 and ₹ 15,455.5 between January and February.
The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 13,967 they are 47 % more affordable than the average price for Coimbatore . The properties with the highest average price have 4 BHK, Their price is 503 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 23,147.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 13.27 / sq.foot, with an average ₹ 14.96 / sq.foot price in Coimbatore. The properties with the most expensive average prices have 4 BHK. They are 81 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 14.61 / sq.foot.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₹ 13,967 it is 11 % more affordable than the average price in Coimbatore. "Flat" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "". At a price of ₹ 16,031 it is 26 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Villa" at an average price of ₹ 11.5 / sq.foot followed by "House" priced at ₹ 12.51 / sq.foot. "Flat" is the most affordable type of property with a ₹ 14.78 / sq.foot value followed by "House" with an average price of ₹ 12.51 / sq.foot.