The rent prices in real estate in Sheikhupura, 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 Sheikhupura has risen strongly during the last 6 months. In March, the average price per sq.feet was Rs. 15,472.34. In the following month the price per sq.feet rose to Rs. 17,032.73. The price for the following two months in (May, June) had a considerable fall of 71 with regard to the previous two months. The price per sq.feet has had a considerable rise of 201 % 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. 13,880.97 to Rs. 27,860.5 during July, and August.
When referring to the price in Sheikhupura (cities), there have hardly been any changes in the last 6 months. The average price for March is Rs. 58,400. During April the price had a considerable fall till Rs. 43,000. During the following two months (May, June) the average price had a considerable rise of 156 % 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. 64,888 to Rs. 51,147, which means a 79 % fall.