The prices in real estate in Haripur, in the North West Frontier Province 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 Haripur has increased strongly during the last 6 months. In October, the average price per sq.feet was Rs. 11,271. In the following month the price per sq.feet increased considerably to Rs. 50.08 lakhs. The price for the following two months in (December, January) had a considerable increment of 150 %. The price per sq.feet has had a considerable deflation of 1 % 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. 31.4 lakhs to Rs. 34,818 during February, and March.
Based upon to the price in Haripur (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is Rs. 2.86 crores. During November the price went through a considerable rise reaching Rs. 6.14 crores. During the following two months (December, January) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from Rs. 4.93 crores to Rs. 29.62 lakhs, which means a 6 % fall.