The average rent price in the Punjab region has had a slight fall in recent months. There has been a fall in the rent prices in this region.
The price per sq.feet in Punjab has fallen in the last 6 months. During April, the average price per sq.feet was Rs. 36.51. The following month the price fell to Rs. 33.68 per sq.feet. In the following two months (June, July) the rent price per sq.feet has increased notably to a 130 %. In the last two months, the price per sq.feet has had a significant fall of 56 %. This has been obtained by comparing the price of Rs. 40.42 for the first four months of the sample with regard to the previous 4 months and the price of Rs. 22.5 per sq.feet for the last two months (August, September).
When referring to the price in Punjab(region), this has fallen considerably in the last 6 months. In the first month sample for April the average price is Rs. 92,525. During May it went through a strong rise reaching Rs. 1.19 lakhs In the following two months the average price has fallen 40 % compared to the previous two. During the last two months the price has had a considerable fall of 42 % with respect to the previous four months going from Rs. 73,955 a Rs. 31,068.