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 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.
