The rent prices in real estate in Kottayam, in the Kerala 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 Kottayam has risen during the last 6 months. In September, the average price per sq.foot was ₹ 11.89. In October this price barely changed remaining at ₹ 11.66 per sq.foot. In the following two months the price per sq.foot has risen 107 %, going from ₹ 11.77 to ₹ 12.61 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 ₹ 12.19 to ₹ 12.99 during January, and February.
When referring to the price in Kottayam (cities), this has risen in the last 6 months. In our first sample month during September, the average price is ₹ 18,468. In October This price remains at ₹ 18,446. During the following two months (November, December) the average price had a considerable rise of 117 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
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 ₹ 21,357 they are 51 % more affordable than the average price for Kottayam . The properties with the lowest average price have 3 BHK, Their price is 3 % more affordable than the average. After that we have properties with 4 BHK priced at ₹ 19,720.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 3 / sq.foot, with an average ₹ 13.47 / sq.foot price in Kottayam. The properties with the most affordable average prices have 1 BHK. They are 55 % more affordable than the average followed by properties with 2 BHK with a price at ₹ 3 / sq.foot.
According to average price per property type in Kottayam, "" priced at ₹ 20,220 is 5 % lower than the average price (₹ 21,357) in this city.