The prices in real estate in Gujranwala, 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 Gujranwala has increased strongly during the last 6 months. In December, the average price per sq.feet was Rs. 2,870. In January this price pretty much remained the same at a value of Rs. 2,733 per sq.feet. The price for the following two months in (February, March) decreased 85 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 355 % 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. 2,598.25 to Rs. 9,217.5 during April, and May.
Based upon to the price in Gujranwala (cities), this has gone downing the last 6 months. The average price for December is Rs. 53.79 lakhs. During January the price had a slight fall till Rs. 49.78 lakhs. During the following two months (February, March) the average price had a considerable reduction of 85 % 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 117 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 8 % more costly than the average price of Rs. 49.58 lakhs in Gujranwala. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 8 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more costly than the average price of (Rs. 2,721 / sq.feet) in Gujranwala. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Gujranwala we can see that most expensive property type is "House" at a price of Rs. 49.58 lakhs, they are 8 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 8 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of Rs. 2,721 / sq.feet. "House" at an average price of Rs. 2,721 / sq.feet has the most expensive price and would be directed at more affluent cities.