The prices in real estate in Cuncolim, in the Goa 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 Cuncolim has had a strong decrease during the last 6 months. In November, the average price per sq.foot was ₹ 5,229. In December this price pretty much remained the same at a value of ₹ 5,229 per sq.foot. In the following two months the price per sq.foot has barely changed, going from ₹ 5,229 to ₹ 5,229 per sq.foot. 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 ₹ 5,229 to during March, and April.
Based upon to the price in Cuncolim (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is ₹ 62.66 lakhs. In December This price remains at ₹ 62.66 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 62.66 lakhs to ₹ 62.66 lakhs. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 62.66 lakhs to , which means a 0 % fall.