The rent prices in real estate in Mandya, in the Karnataka 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 Mandya has had a strong fall during the last 6 months. In November, the average price per sq.foot was ₹ 671.14. In the following month the price per sq.foot fell considerably to ₹ 8.23. The price for the following two months in (January, February) had a considerable fall of 33 with regard to the previous two months. The price per sq.foot has had a considerable fall of 21 % 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 ₹ 226.19 to ₹ 46.67 during March, and April.
When referring to the price in Mandya (cities), this has fallen considerably in the last 6 months. The average price for November is ₹ 8.04 lakhs. During December the price had a considerable fall till ₹ 6,500. During the following two months (January, February) the average price had a considerable fall of 33 % 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 ₹ 2.7 lakhs to ₹ 59,137.5, which means a 22 % fall.