Property prices for rent in Ludhiana (Punjab)
The rent prices in real estate in Ludhiana, in the Punjab region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.foot in Ludhiana has risen during the last 6 months. In October, the average price per sq.foot was ₹ 14.51. In the following month the price per sq.foot rose considerably to ₹ 17.38. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.foot has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 15.47 to ₹ 14.81 during February y March
When referring to the price in Ludhiana (cities), this has risen in the last 6 months. The rent price in October is ₹ 18,642, rising in November till ₹ 21,069. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 19,855.5 to ₹ 20,371.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₹ 20,113.5 and ₹ 19,394.5 between February and March.
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 ₹ 18,560 they are 40 % more affordable than the average price for Ludhiana . The properties with the highest average price have 4 BHK, Their price is 151 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 29,908.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 13.02 / sq.foot, with an average ₹ 14.1 / sq.foot price in Ludhiana. The properties with the most expensive average prices have 4 BHK. They are 49 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 16.59 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 18,560 it is 16 % more affordable than the average price in Ludhiana. "Flat" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "House". At a price of ₹ 27,071 it is 236 % 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 ₹ 11.95 / sq.foot followed by "Flat" priced at ₹ 13.74 / sq.foot. "Office" is the most expensive type of property with a ₹ 71 / sq.foot value followed by "Commercial" with an average price of ₹ 38 / sq.foot.
