The prices in real estate in Tiruvannamalai, in the Tamil Nadu 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 Tiruvannamalai has fallen in the last 6 months. In October, the average price per sq.foot was ₹ 1,438. In the following month the price per sq.foot decreased considerably to ₹ 907. The price for the following two months in (December, January) had a considerable increment of 158 %. The price per sq.foot has had a considerable deflation of 62 % 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 ₹ 1,510.5 to ₹ 929.5 during February, and March.
Based upon to the price in Tiruvannamalai (cities), this has gone downing the last 6 months. The average price for October is ₹ 16.28 lakhs. During November the price had a considerable reduction till ₹ 13.62 lakhs. During the following two months (December, January) the price has had an average incrementation from ₹ 14.95 lakhs to ₹ 15.94 lakhs. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from ₹ 15.44 lakhs to ₹ 13.63 lakhs in February and March.
The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the most costly ones. At a price of ₹ 14.27 lakhs they are 39 % more expensive than the average price for Tiruvannamalai. Following this ranking we find those properties with 3 at an average price of ₹ 42.58 lakhs. The properties with the highest average price have 2 BHK, Their price is 293 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 42.58 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the most costly ones at a cost of ₹ 1,633 / sq.foot, with an average ₹ 1,060 / sq.foot price in Tiruvannamalai. The properties with the highest average prices have 2 BHK. They are 500 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 2,771 / sq.foot.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of ₹ 14.27 lakhs it is 73 % more expensive than the average price in Tiruvannamalai. "Land" is seen as the second dearest property type. The dearest property type is "Land" followed by "Commercial". At a price of ₹ 24.65 lakhs it is 198 % more expensive than the average price.
According to the average cost per sq.foot, the most expensive property type would be "Commercial" at an average cost of ₹ 1,278 / sq.foot followed by "Land" priced at ₹ 1,633 / sq.foot. "Land" is the most costly type of property with a ₹ 1,633 / sq.foot cost followed by "Commercial" with an average price of ₹ 1,278 / sq.foot.