The prices in real estate in Krishna, in the Andhra Pradesh 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 Krishna has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 6,700. In the following month the price per sq.foot decreased considerably to ₹ 3,965. The price for the following two months in (December, January) had a considerable decrease of 77 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 78 % 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 ₹ 4,709.5 to ₹ 3,693 during February, and March.
Based upon to the price in Krishna (cities), these have remained the same in the last 6 months. The average price for October is ₹ 61.42 lakhs. During November the price had a slight fall till ₹ 56.26 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 58.84 lakhs to ₹ 64.02 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.