Property prices for sale in Trivandrum (Kerala)
The prices in real estate in Trivandrum, in the Kerala region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.foot in Trivandrum has increased strongly during the last 6 months. In November, the average price per sq.foot was ₹ 9,835. In the following month the price per sq.foot decreased considerably to ₹ 7,024. The price for the following two months in (January, February) had a considerable increment of 302 %. The price per sq.foot has had a considerable increase of 237 % 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 ₹ 16,931 to ₹ 40,049 during March, and April.
Based upon to the price in Trivandrum (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is ₹ 50.83 lakhs. In December This price remains at ₹ 49 lakhs. During the following two months (January, February) the price has had an average incrementation from ₹ 49.92 lakhs to ₹ 54.17 lakhs. Based on an analysis of the first four prices and the last two months the average price has risen strongly 145 % during the last two months.
The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 71.41 lakhs they are 30 % more affordable than the average price for Trivandrum. The properties with the highest average price have 4 BHK, Their price is 21 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 55.37 lakhs.
With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 3,723 / sq.foot, with an average ₹ 57,449 / sq.foot price in Trivandrum. The properties with the lowest average prices have 1 BHK. They are 90 % cheaper than the average followed by properties with 2 BHK with a price at ₹ 4,739 / sq.foot.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 71.41 lakhs it is 38 % cheaper than the average price in Trivandrum. "Office" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of ₹ 73.62 lakhs it is 827 % 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 ₹ 1,966 / sq.foot followed by "Villa" priced at ₹ 3,853 / sq.foot. "Commercial" is the cheapest type of property with a ₹ 32,291 / sq.foot value followed by "Office" with an average price of ₹ 4,360 / sq.foot.
