The prices in real estate in Trivandrum, in the Kerala 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 Trivandrum has fallen in the last 6 months. In March, the average price per sq.foot was ₹ 4,735. In April this price pretty much remained the same at a value of ₹ 4,828 per sq.foot. The price for the following two months in (May, June) decreased 87 % with regard to the prior two months. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 4,481.5 to ₹ 4,431 during July y August
Based upon to the price in Trivandrum (cities), this has gone downing the last 6 months. The average price for March is ₹ 79.68 lakhs. During April the price had a slight fall till ₹ 74.14 lakhs. During the following two months (May, June) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₹ 72.59 lakhs and ₹ 75.26 lakhs between July and August.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 63.67 lakhs they are 23 % more affordable than the average price for Trivandrum. The properties with the highest average price have 4 BHK, Their price is 29 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 56.64 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 3,802 / sq.foot, with an average ₹ 4,058 / sq.foot price in Trivandrum. The properties with the highest average prices have 1 BHK. They are 47 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 4,602 / sq.foot.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of ₹ 63.67 lakhs it is 12 % cheaper than the average price in Trivandrum. "Flat" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of ₹ 79.75 lakhs it is 923 % more expensive than the average price.
According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 1,420 / sq.foot followed by "Villa" priced at ₹ 3,807 / sq.foot. "Commercial" is the most costly type of property with a ₹ 31,770 / sq.foot cost followed by "House" with an average price of ₹ 4,859 / sq.foot.