The prices in real estate in Faisalabad, in the Punjab region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Faisalabad has had a strong decrease during the last 6 months. In December, the average price per sq.feet was Rs. 5,188. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (February, March) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 192 % 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. 2,470.75 to Rs. 4,751 during April, and May.
Based upon to the price in Faisalabad (cities), this has fallen considerably in the last 6 months. The average price for December is Rs. 1.17 crores. During January the price had a considerable reduction till . During the following two months (February, March) the average price had a considerable reduction of 64 % 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 risen strongly 154 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 9 % cheaper than the average price of Rs. 66.08 lakhs in Faisalabad. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 9 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 35 % cheaper than the average price of (Rs. 3,134 / sq.feet) in Faisalabad. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 35 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Faisalabad we can see that the cheapest property type is "House" at a price of Rs. 66.08 lakhs, they are 9 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 9 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of Rs. 3,134 / sq.feet. "House" with an average cost of Rs. 3,134 / sq.feet has the lowest price and would be directed at less affluent cities.