The rent prices in real estate in Bahawalpur, in the Punjab region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Bahawalpur has had a strong fall during the last 6 months. In October, the average price per sq.feet was Rs. 210.22. In November this price barely changed remaining at Rs. 210 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from Rs. 210.11 to Rs. 210 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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.feet of Rs. 210.05 to Rs. 105 during February, and March.
When referring to the price in Bahawalpur (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is Rs. 11.28 lakhs. In November This price remains at Rs. 11.27 lakhs. In the following two months the average price has hardly changed with regard to the previous two months from Rs. 11.27 lakhs to Rs. 11.27 lakhs. During the last two months the average price has fallen greatly compared to the previous four going from Rs. 11.27 lakhs to Rs. 5.63 lakhs, which means a 50 % fall.