The prices in real estate in Tiruppur, in the Tamil Nadu region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.foot in Tiruppur has increased during the last 6 months. In October, the average price per sq.foot was ₹ 2,319. In the following month the price per sq.foot increased to ₹ 2,610. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.foot has had a considerable increase of 125 % 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 ₹ 2,329 to ₹ 2,915 during February, and March.
Based upon to the price in Tiruppur (cities), this has gone downing the last 6 months. The average price for October is ₹ 25.49 lakhs. During November the price had a slight fall till ₹ 22.24 lakhs. During the following two months (December, January) the average price fell 90 % 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 116 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 25.96 lakhs they are 49 % more affordable than the average price for Tiruppur. The properties with the highest average price have 3 BHK, Their price is 172 % more costly than the average. After that we have properties with 4 BHK priced at ₹ 35.78 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 2,384 / sq.foot, with an average ₹ 2,930 / sq.foot price in Tiruppur. The properties with the highest average prices have 4 BHK. They are 584 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 2,662 / sq.foot.
The graph displaying the average prices displays the property type "Villa" as the most costly one. At an cost of ₹ 25.96 lakhs it is 38 % more expensive than the average price in Tiruppur. "Commercial" is seen as the second dearest property type. The dearest property type is "Commercial" followed by "Villa". At a price of ₹ 35.78 lakhs it is 539 % more expensive than the average price.
According to the average cost per sq.foot, the most expensive property type would be "Villa" at an average cost of ₹ 20,055 / sq.foot followed by "Commercial" priced at ₹ 47.2 lakhs / sq.foot. "Commercial" is the most costly type of property with a ₹ 47.2 lakhs / sq.foot cost followed by "Villa" with an average price of ₹ 20,055 / sq.foot.