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 June, the average price per sq.foot was ₹ 14.46. In the following month the price per sq.foot rose to ₹ 16.27. In the following two months the price per sq.foot has practically remained the same, going from ₹ 15.36 to ₹ 15.8 per sq.foot. 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 ₹ 15.58 to ₹ 15.94 during October y November
When referring to the price in Ludhiana (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is ₹ 18,681. In July This price remains at ₹ 19,381. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 19,031 to ₹ 18,414. 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.
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 ₹ 21,069 they are 44 % more affordable than the average price for Ludhiana . The properties with the highest average price have 4 BHK, Their price is 97 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 30,154.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 12.34 / sq.foot, with an average ₹ 17.38 / sq.foot price in Ludhiana. The properties with the most expensive average prices have 4 BHK. They are 5 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 15.06 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 21,069 it is 25 % more affordable than the average price in Ludhiana. "Flat" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Commercial". At a price of ₹ 57,400 it is 281 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "Flat" at an average price of ₹ 14.01 / sq.foot followed by "House" priced at ₹ 14.48 / sq.foot. "Office" is the most expensive type of property with a ₹ 80.48 / sq.foot value followed by "Villa" with an average price of ₹ 26.63 / sq.foot.