Property prices for sale in Tumkur (Karnataka)
The prices in real estate in Tumkur, in the Karnataka region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.foot in Tumkur has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 11,517. In the following month the price per sq.foot decreased considerably to ₹ 3,457. The price for the following two months in (December, January) had a considerable decrease of 55 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 21 % 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 ₹ 5,792.25 to ₹ 1,205 during February, and March.
Based upon to the price in Tumkur (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 5.07 crores. During November the price had a considerable reduction till ₹ 1.23 crores. During the following two months (December, January) the average price had a considerable reduction of 36 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 2.15 crores to ₹ 34 lakhs, which means a 16 % fall.
