The prices in real estate in Cochin, in the Kerala region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.foot in Cochin has had a strong decrease during the last 6 months. In April, the average price per sq.foot was ₹ 65,239. In the following month the price per sq.foot increased considerably to ₹ 80,372. The price for the following two months in (June, July) had a considerable decrease of 24 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 0 % 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 ₹ 45,151 to during August, and September.
Based upon to the price in Cochin (cities), this has fallen considerably in the last 6 months. The average price for April is ₹ 74.59 lakhs. During May the price had a slight fall till ₹ 69.2 lakhs. During the following two months (June, July) the average price had a considerable increase of 139 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 86.04 lakhs to , which means a 0 % fall.