Property prices for sale in Cochin (Kerala)

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.

₹ 2.09 crores
Average price last 6 months
₹ 3.01 lakhs
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Cochin has had a strong decrease during the last 6 months. In November, the average price per sq.foot was ₹ 11.71 lakhs. In the following month the price per sq.foot decreased considerably to ₹ 4.01 lakhs. The price for the following two months in (January, February) had a considerable decrease of 10 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 8 % 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 ₹ 4.33 lakhs to ₹ 35,812.5 during March, and April.

Average price

Based upon to the price in Cochin (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is ₹ 4.09 crores. In December This price remains at ₹ 3.99 crores. During the following two months (January, February) the average price had a considerable reduction of 36 % 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 ₹ 2.75 crores to ₹ 78.54 lakhs, which means a 29 % fall.

Average price per BHK

The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 74.59 lakhs they are 75 % more affordable than the average price for Cochin. The properties with the highest average price have 4 BHK, Their price is 112 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 1 crores.

With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 2,141 / sq.foot, with an average ₹ 65,239 / sq.foot price in Cochin. The properties with the lowest average prices have 4 BHK. They are 90 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 5,854 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Flat" as the most costly one. At an cost of ₹ 74.59 lakhs it is 18 % more expensive than the average price in Cochin. "House" is seen as the second dearest property type. The dearest property type is "Commercial" followed by "Land". At a price of ₹ 6.66 crores it is 1847 % more expensive than the average price.

According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 5,421 / sq.foot followed by "House" priced at ₹ 5,575 / sq.foot. "Commercial" is the most costly type of property with a ₹ 1.43 crores / sq.foot cost followed by "Land" with an average price of ₹ 67.57 lakhs / sq.foot.

Charts data
Average price April
Average price per sq.foot April
Number of properties used in Cochin
Number of properties used in region Kerala
₹ 74.59 lakhs
₹ 65,239
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value