The rent prices in real estate in Faisalabad, in the Punjab region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Faisalabad has risen strongly during the last 6 months. In January, the average price per sq.feet was Rs. 66.05. In the following month the price per sq.feet rose considerably to Rs. 232.97. The price for the following two months in (March, April) had a considerable rise of 569 %. The price per sq.feet has had a considerable fall of 3 % 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. 500.14 to Rs. 17 during May, and June.
When referring to the price in Faisalabad (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is Rs. 42,286. During February the price went through a considerable rise reaching Rs. 83,353. During the following two months (March, April) the average price had a considerable rise of 15658 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from Rs. 49.5 lakhs to Rs. 27,111.5, which means a 1 % fall.