The rent prices in real estate in Thoothukudi, in the Tamil Nadu region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.foot in Thoothukudi has fallen during the last 6 months. In November, the average price per sq.foot was ₹ 12.95. In the following month the price per sq.foot fell considerably to ₹ 10.74. In the following two months the price per sq.foot has risen 108 %, going from ₹ 11.85 to ₹ 12.73 per sq.foot. The price per sq.foot has fallen 90 % 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 ₹ 12.29 to ₹ 11 during March, and April.
When referring to the price in Thoothukudi (cities), this has fallen considerably in the last 6 months. The average price for November is ₹ 22,100. During December the price had a considerable fall till ₹ 12,071. During the following two months (January, February) the average price had a considerable fall of 73 % 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 ₹ 14,775 to ₹ 10,984.5, which means a 74 % fall.