Property prices for rent in Namakkal (Tamil Nadu)

The rent prices in real estate in Namakkal, in the Tamil Nadu region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

₹ 8,748.67
Average price last 6 months
₹ 7.77
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Namakkal has had a strong fall during the last 6 months. In September, the average price per sq.foot was ₹ 10.57. In the following month the price per sq.foot fell considerably to ₹ 8.19. The price for the following two months in (November, December) had a considerable fall of 81 with regard to the previous two months. The price per sq.foot has had a considerable fall of 75 % 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 ₹ 8.47 to ₹ 6.38 during January, and February.

Average price

When referring to the price in Namakkal (cities), this has fallen considerably in the last 6 months. The average price for September is ₹ 18,700. During October the price had a considerable fall till ₹ 8,333. During the following two months (November, December) the average price had a considerable fall of 46 % 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 ₹ 9,854 to ₹ 6,538, which means a 66 % fall.

Average price per BHK

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 ₹ 7,463 they are 42 % more affordable than the average price for Namakkal . The properties with the highest average price have 3 BHK, Their price is 480 % more expensive than the average. After that we have properties with 2 BHK priced at ₹ 9,667.

With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 5.62 / sq.foot, with an average ₹ 6.63 / sq.foot price in Namakkal. The properties with the most expensive average prices have 2 BHK. They are 14 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 5.62 / sq.foot.

Price per property type

The graph displaying the average rent prices displays the property type "Commercial Property" as the most expensive one. At an cost of ₹ 7,463 it is 5 % more expensive than the average price in Namakkal. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "Commercial Property". At a price of ₹ 7,835 it is 480 % more expensive than the average price.

According to the average area price by sq.foot the most expensive property type is "Commercial Property with an average cost of ₹ 41 / sq.foot. "Commercial Property" at an average price of ₹ 41 / sq.foot has the highest price and would be directed at more affluent cities.

Charts data
Average price February
Average price per sq.foot February
Number of properties used in Namakkal
Number of properties used in region Tamil Nadu
₹ 7,463
₹ 6.63
62
1,37,622
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value