Why one average price is misleading
A main-road commercial plot, a 30-foot residential road and an interior street can have very different asking prices even within the same locality. Our price pages therefore separate property observations wherever enough detail exists.
| Price layer | What it means | Use |
|---|---|---|
| Guideline value | Government registration benchmark | Registration reference |
| Observed asking price | Price advertised by sellers | Current market signal |
| Reported transaction | Voluntarily reported completed price | Shown only with sufficient evidence |
Asking price is usually higher than the final negotiated sale price. Do not treat an advertised number as confirmed market value.
Factors that influence price per cent
- Exact road and micro-location
- Road width and legal access
- Residential, commercial or agricultural use
- Frontage, plot shape and corner position
- Approval status and available documents
- Distance from junctions, schools and hospitals
Current coverage
Initial pages cover Nagercoil and high-interest localities such as Parvathipuram, Asaripallam and Vadasery. Marthandam, Thuckalay, Karungal, Colachel, Suchindram and additional localities will follow as comparable data is reviewed.