The rent prices in real estate in Islamabad, in the Islamabad Capital Territory 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 Islamabad has risen strongly during the last 6 months. In April, the average price per sq.feet was Rs. 38.6. In May this price barely changed remaining at Rs. 40 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from Rs. 39.3 to Rs. 39.31 per sq.feet. The price per sq.feet has had a considerable rise of 141 % 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. 39.31 to Rs. 55.5 during August, and September.
When referring to the price in Islamabad (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is Rs. 97,037. In May This price remains at Rs. 93,592. During the following two months (June, July) the average price had a considerable fall of 36 % 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 had a strong increase of 432 % during the last two months.