The prices in real estate in Gujranwala, 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 Gujranwala has had a strong decrease during the last 6 months. In April, the average price per sq.feet was Rs. 15,715. In the following month the price per sq.feet decreased considerably to Rs. 2,720. The price for the following two months in (June, July) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable increase of 245 % 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. 7,518.25 to Rs. 18,438.5 during August, and September.
Based upon to the price in Gujranwala (cities), this has fallen considerably in the last 6 months. The average price for April is Rs. 66.5 lakhs. During May the price had a considerable reduction till Rs. 45.86 lakhs. During the following two months (June, July) the average price had a considerable reduction of 64 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from Rs. 46.16 lakhs to Rs. 41.91 lakhs in August and September.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 21 % more costly than the average price of Rs. 49.38 lakhs in Gujranwala. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 21 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 85 % cheaper than the average price of (Rs. 2,709 / sq.feet) in Gujranwala. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 85 % cheaper 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. 49.38 lakhs, they are 21 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 21 % more expensive 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. 2,709 / sq.feet. "House" with an average cost of Rs. 2,709 / sq.feet has the lowest price and would be directed at less affluent cities.