The prices in real estate in Jalandhar, 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.foot in Jalandhar has had a strong decrease during the last 6 months. In October, the average price per sq.foot was ₹ 3,776. In the following month the price per sq.foot decreased considerably to . In the following two months the price per sq.foot has increased 109 %, going from ₹ 1,888 to ₹ 2,056.5 per sq.foot. The price per sq.foot has had a considerable increase of 223 % 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.foot of ₹ 1,972.25 to ₹ 4,404 during February, and March.
Based upon to the price in Jalandhar (cities), this has fallen considerably in the last 6 months. The average price for October is ₹ 1.18 crores. During November the price had a considerable reduction till . During the following two months (December, January) the average price had a considerable increase of 121 % 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 185 % during the last two months.