Property prices for sale in Karaikudi (Tamil Nadu)

The price per sq.foot in Karaikudi has increased strongly during the last 6 months. In October, the average price per sq.foot was ₹ 1,127. In the following month the price per sq.foot increased considerably to ₹ 3,982. In the following two months the price per sq.foot has barely changed, going from ₹ 2,554.5 to ₹ 2,593 per sq.foot. The price per sq.foot has had a considerable deflation of 22 % 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 ₹ 2,573.75 to ₹ 555 during February, and March.

Based upon to the price in Karaikudi (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₹ 35.13 lakhs. During November the price went through a considerable rise reaching ₹ 71.11 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 53.12 lakhs to ₹ 59.25 lakhs. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 56.18 lakhs to ₹ 21.65 lakhs, which means a 39 % fall.