Property prices for rent in Ludhiana (Punjab)
The rent prices in real estate in Ludhiana, 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.
The price per sq.foot in Ludhiana has risen strongly during the last 6 months. In August, the average price per sq.foot was ₹ 8.26. In the following month the price per sq.foot rose considerably to ₹ 10.46. The price for the following two months in (October, November) had a considerable rise of 140 %. 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 ₹ 11.24 to ₹ 11.23 during December y January
When referring to the price in Ludhiana (cities), this has risen considerably in the last 6 months. In our first sample month during August, the average price is ₹ 12,728. In September This price remains at ₹ 13,319. During the following two months (October, November) the average price had a considerable rise of 136 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from ₹ 15,342 to ₹ 13,587.5 in December and January.
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 ₹ 13,494 they are 39 % more affordable than the average price for Ludhiana . The properties with the highest average price have 4 BHK, Their price is 124 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 25,462.
With regard to the average price per sq.foot, those properties with 2 BHK are the most affordable ones at a cost of ₹ 10.12 / sq.foot, with an average ₹ 11.11 / sq.foot price in Ludhiana. The properties with the most expensive average prices have 1 BHK. They are 26 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 13.51 / sq.foot.
The graph displaying the average rent prices displays the property type "Land" as the most expensive one. At an cost of ₹ 13,494 it is 6 % more expensive than the average price in Ludhiana. "House" is seen as the second most expensive property type. The most expensive property type is "Flat" followed by "". At a price of ₹ 15,927 it is 1313 % more expensive than the average price.
According to the average cost per sq.foot, the most affordable property is "House" at an average price of ₹ 9.28 / sq.foot followed by "Land" priced at ₹ 11.34 / sq.foot. "Flat" is the most expensive type of property with a ₹ 367.83 / sq.foot value followed by "Villa" with an average price of ₹ 11.51 / sq.foot.
