The prices in real estate in Faisalabad, in the Punjab region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Faisalabad has increased strongly during the last 6 months. In July, the average price per sq.feet was Rs. 4,392. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (September, October) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable increase of 4556 % 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. 1,895.25 to Rs. 86,345 during November, and December.
Based upon to the price in Faisalabad (cities), this has gone up in the last 6 months. The average price for July is Rs. 42.94 lakhs. During August the price had a considerable reduction till . During the following two months (September, October) the average price had a considerable increase of 192 % 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 262 % 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 20 % cheaper than the average price of Rs. 65.75 lakhs in Faisalabad. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2 % cheaper than the average price of (Rs. 3,114 / 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 2 % 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. 65.75 lakhs, they are 20 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 20 % 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. 3,114 / sq.feet. "House" with an average cost of Rs. 3,114 / sq.feet has the lowest price and would be directed at less affluent cities.