Property prices for rent in Tumkur (Karnataka)
The rent prices in real estate in Tumkur, in the Karnataka 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 Tumkur has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 16.14. In the following month the price per sq.foot fell to ₹ 15.24. In the following two months the price per sq.foot has practically remained the same, going from ₹ 15.69 to ₹ 15.03 per sq.foot. The price per sq.foot has fallen 93 % 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 ₹ 15.36 to ₹ 14.3 during February, and March.
When referring to the price in Tumkur (cities), this has risen in the last 6 months. The average price during our first sample month during October, is ₹ 9,782. During November the price went through a considerable rise reaching ₹ 12,696. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 11,239 to ₹ 11,717.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from ₹ 11,478.25 to ₹ 9,935 in February and March.
The graph showing the average price for BHK displays the property with the most affordable price has 1 BHK. It is 37 % more affordable than the average price of ₹ 5,683 in Tumkur. Based on the BHK values, properties with the most expensive rent prices are those with 2 BHK. They are 12 % more expensive than the average aforementioned.
With regard to the average prices per sq.foot those properties with 1 BHK are 16 % more affordable than the average price of (₹ 10.67 / sq.foot) in Tumkur. Properties with the most affordable price when referring to the number of BHK / sq.foot are those with 2 BHK. They are 4 % more affordable than the average value aforementioned.
