The rent prices in real estate in Gujranwala, 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 Gujranwala has had a strong fall during the last 6 months. In February, the average price per sq.feet was Rs. 5,066.67. In the following month the price per sq.feet fell considerably to . The price for the following two months in (April, May) had a considerable fall of 24 with regard to the previous two months. The price per sq.feet has had a considerable fall of 22 % 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. 1,569.47 to Rs. 349.65 during June, and July.
When referring to the price in Gujranwala (cities), this has risen considerably in the last 6 months. The average price for February is Rs. 1.65 lakhs. During March the price had a considerable fall till . During the following two months (April, May) the average price had a considerable rise of 1173 % 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. 5.25 lakhs to Rs. 31,000, which means a 6 % fall.