The prices in real estate in Madanapalle, 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 Madanapalle has had a strong decrease during the last 6 months. In November, the average price per sq.foot was ₹ 670. In the following month the price per sq.foot decreased to ₹ 617. The price for the following two months in (January, February) decreased 92 % with regard to the prior two months. 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 ₹ 617.75 to during March, and April.
Based upon to the price in Madanapalle (cities), this has fallen considerably in the last 6 months. The average price for November is ₹ 17.48 lakhs. During December the price had a considerable reduction till ₹ 12.3 lakhs. During the following two months (January, February) the average price had a considerable increase of 117 % 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 ₹ 16.18 lakhs to , which means a 0 % fall.