The prices in real estate in Tenali, in the Andhra Pradesh region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.foot in Tenali has fallen in the last 6 months. In September, the average price per sq.foot was ₹ 7,124. In the following month the price per sq.foot decreased considerably to ₹ 2,050. The price for the following two months in (November, December) had a considerable increment of 128 %. The price per sq.foot has had a considerable increase of 159 % 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 ₹ 5,228.75 to ₹ 8,332.5 during January, and February.
Based upon to the price in Tenali (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is ₹ 39.13 lakhs. During October the price went through a considerable rise reaching ₹ 58.53 lakhs. During the following two months (November, December) the average price had a considerable increase of 370 % 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 risen strongly 164 % during the last two months.