Property prices for sale in Kochi (Kerala)

The prices in real estate in Kochi, 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.

₹ 99.83 lakhs
Average price last 6 months
₹ 4,947.17
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Kochi has had a strong decrease during the last 6 months. In July, the average price per sq.foot was ₹ 6,921. In the following month the price per sq.foot decreased considerably to ₹ 5,206. The price for the following two months in (September, October) had a considerable decrease of 56 with regard to the prior two months. The price per sq.foot has increased 115 % 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 ₹ 4,718 to ₹ 5,405.5 during November, and December.

Average price

Based upon to the price in Kochi (cities), this has fallen considerably in the last 6 months. The average price for July is ₹ 1.47 crores. During August the price had a considerable reduction till ₹ 1.05 crores. During the following two months (September, October) the average price had a considerable reduction of 52 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.

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 ₹ 1.04 crores they are 70 % more affordable than the average price for Kochi. The properties with the highest average price have 4 BHK, Their price is 33 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 81.24 lakhs.

With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 5,270 / sq.foot, with an average ₹ 5,275 / sq.foot price in Kochi. The properties with the highest average prices have 2 BHK. They are 64 % more expensive than the average followed by properties with 4 BHK with a price at ₹ 5,675 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 1.04 crores it is 69 % cheaper than the average price in Kochi. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of ₹ 73.19 lakhs it is 34 % 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 ₹ 1,063 / sq.foot followed by "Office" priced at ₹ 3,277 / sq.foot. "House" is the most costly type of property with a ₹ 9,873 / sq.foot cost followed by "Villa" with an average price of ₹ 4,357 / sq.foot.

Charts data
Average price December
Average price per sq.foot December
Number of properties used in Kochi
Number of properties used in region Kerala
₹ 1.04 crores
₹ 5,275
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value