Property prices for rent in Amritsar (Punjab)

The rent prices in real estate in Amritsar, in the Punjab region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

₹ 27,773.17
Average price last 6 months
₹ 73.97
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Amritsar has risen strongly during the last 6 months. In October, the average price per sq.foot was ₹ 11.07. In the following month the price per sq.foot rose considerably to ₹ 129.36. The price for the following two months in (December, January) had a considerable rise of 185 %. The price per sq.foot has had a considerable fall of 22 % 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 ₹ 100.16 to ₹ 21.58 during February, and March.

Average price

When referring to the price in Amritsar (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₹ 11,575. During November the price went through a considerable rise reaching ₹ 34,331. During the following two months (December, January) the average price had a considerable rise of 137 % 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 increased 106 % during the last two months.

Average price per BHK

The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 40,362 they are 83 % more affordable than the average price for Amritsar . The properties with the lowest average price have 4 BHK, Their price is 17 % more affordable than the average. After that we have properties with 2 BHK priced at ₹ 10,236.

With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 10.87 / sq.foot, with an average ₹ 28.58 / sq.foot price in Amritsar. The properties with the most affordable average prices have 4 BHK. They are 55 % more affordable than the average followed by properties with 2 BHK with a price at ₹ 11.55 / sq.foot.

Price per property type

The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of ₹ 40,362 it is 74 % more affordable than the average price in Amritsar. "Land" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Commercial". At a price of ₹ 67,579 it is 71 % more expensive than the average price.

According to the average cost per sq.foot, the most affordable property is "Villa" at an average price of ₹ 10 / sq.foot followed by "Land" priced at ₹ 14 / sq.foot. "Farm" is the most expensive type of property with a ₹ 424 / sq.foot value followed by "Commercial" with an average price of ₹ 57 / sq.foot.

Charts data
Average price March
Average price per sq.foot March
Number of properties used in Amritsar
Number of properties used in region Punjab
₹ 40,362
₹ 28.58
1,180
16,722
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Punjab