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 July, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to Rs. 1,408. The price for the following two months in (September, October) had a considerable increment of 269 %. The price per sq.feet has had a considerable increase of 187 % 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. 1,299.5 to Rs. 2,424 during November, and December.
Based upon to the price in Gujranwala (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching Rs. 38.1 lakhs. During the following two months (September, October) the average price had a considerable increase of 274 % 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 183 % 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 25 % cheaper than the average price of Rs. 48.84 lakhs in Gujranwala. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 25 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 10 % more costly than the average price of (Rs. 2,676 / 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 10 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Gujranwala we can see that the cheapest property type is "House" at a price of Rs. 48.84 lakhs, they are 25 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 25 % more affordable 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. 2,676 / sq.feet. "House" at an average price of Rs. 2,676 / sq.feet has the most expensive price and would be directed at more affluent cities.