The prices in real estate in Virudhunagar - Chennai, in the Tamil Nadu 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 Virudhunagar - Chennai has had a strong decrease during the last 6 months. In September, the average price per sq.foot was ₹ 1,695. In the following month the price per sq.foot increased to ₹ 1,817. The price for the following two months in (November, December) had a considerable decrease of 57 with regard to the prior two months. The price per sq.foot has increased 112 % 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 ₹ 1,375.75 to ₹ 1,546 during January, and February.
Based upon to the price in Virudhunagar - Chennai (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during September, is ₹ 39.85 lakhs. During October the price went through a considerable rise reaching ₹ 48.92 lakhs. During the following two months (November, December) the average price had a considerable reduction of 39 % 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 122 % during the last two months.