The rent prices in real estate in Malappuram, in the Kerala region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.foot in Malappuram has risen strongly during the last 6 months. In October, the average price per sq.foot was . In the following month the price per sq.foot rose considerably to . The price for the following two months in (December, January) had a considerable rise of 2147483647 %. The price per sq.foot has had a considerable rise of 204 % 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 ₹ 6.51 to ₹ 13.3 during February, and March.
When referring to the price in Malappuram (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching . During the following two months (December, January) the average price had a considerable rise of 2147483647 % 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 had a strong increase of 153 % 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 ₹ 11,000 they are 74 % more affordable than the average price for Malappuram . The properties with the highest average price have 2 BHK, Their price is 1468 % more expensive than the average. After that we have properties with 1 BHK priced at ₹ 2,812.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 1 / sq.foot, with an average ₹ 14.47 / sq.foot price in Malappuram. The properties with the most expensive average prices have 2 BHK. They are 1614 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 1 / sq.foot.
With regard to the average price based on the property in Malappuram we can see that the least affordable type of property is "Villa" at ₹ 1.73 lakhs, which is 1468 % more expensive than the average price. "Villa" has the most expensive price. This price is 1468 % more expensive than the average price aforementioned.
According to the average area price by sq.foot the most expensive property type is "Villa with an average cost of ₹ 248 / sq.foot. "Villa" at an average price of ₹ 248 / sq.foot has the highest price and would be directed at more affluent cities.