The rent prices in real estate in Lahore, in the Punjab region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Lahore has risen during the last 6 months. In April, the average price per sq.feet was Rs. 35.14. In May this price barely changed remaining at Rs. 34.61 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 175 %. The price per sq.feet has had a considerable fall of 43 % 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. 47.99 to Rs. 20.43 during August, and September.
When referring to the price in Lahore (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during April, is Rs. 1.11 lakhs. During May the price went through a considerable rise reaching Rs. 1.3 lakhs. During the following two months (June, July) the average price had a considerable fall of 41 % 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. 85,267 to Rs. 37,333.5, which means a 44 % fall.