The rent prices in real estate in Trichy, in the Tamil Nadu 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 Trichy has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 59. In the following month the price per sq.foot rose considerably to ₹ 1,216. The price for the following two months in (December, January) had a considerable rise of 119 %. The price per sq.foot has had a considerable fall of 6 % 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 ₹ 696.96 to ₹ 44 during February, and March.
When referring to the price in Trichy (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₹ 71,722. During November the price went through a considerable rise reaching ₹ 13.37 lakhs. During the following two months (December, January) the average price had a considerable rise of 280 % 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 ₹ 13.38 lakhs to ₹ 81,801.5, which means a 6 % fall.
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 ₹ 39,840 they are 78 % more affordable than the average price for Trichy . The properties with the lowest average price have 3 BHK, Their price is 21 % more affordable than the average. After that we have properties with 2 BHK priced at ₹ 20,634.
According to average price per property type in Trichy, "" priced at ₹ 18,487 is 54 % lower than the average price (₹ 39,840) in this city.