Property prices for sale in Shivamogga (Karnataka)

The price per sq.foot in Shivamogga has increased strongly during the last 6 months. In November, the average price per sq.foot was ₹ 1,814. In December this price pretty much remained the same at a value of ₹ 1,814 per sq.foot. The price for the following two months in (January, February) had a considerable increment of 172 %. The price per sq.foot has had a considerable deflation of 73 % 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 ₹ 2,471 to ₹ 1,812 during March, and April.

Based upon to the price in Shivamogga (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is ₹ 29.55 lakhs. In December This price remains at ₹ 29.55 lakhs. During the following two months (January, February) the average price had a considerable increase of 305 % 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 ₹ 59.9 lakhs to ₹ 29.52 lakhs, which means a 49 % fall.