2013-10-29 08:31:31 - Bahria Town Rawalpindi is one of the posh communities of Rawalpindi. The prices of plots in the locality have increased notably in the first nine months of the current year. The following press release talks about the related facts.
As a beacon of new-landscape face, Bahria Town Rawalpindi is set to raise the standards of living for the community. The locality is a symbol of lavish living and the increasing property prices in the locality are a business attraction for the real estate investors.
As per the research conducted by the property analysts at Zameen.com a real estate portal of Pakistan, the prices of plots in Bahria Town Rawalpindi have increased remarkably in the first nine months of 2013.
The average sale price of 10- Marla plots in Bahria Town Rawalpindi was assessed to be Rs. 2,930,625 in January 2013. In the very next, a notable increase was witnessed in the locality and average price of 10-marla plots spiked to
Rs. 3,545,500. In March 2013, the average price 10-marla plots in Bahria Town Rawalpindi, escalated to Rs. 4,161,289. This gave rise to an increase of almost 41% in the property prices in Q1, 2013 in the said locality.
In May 2013, the prices rose further and the estimated average value of 10-marla plots was gauged to be Rs.4,271,814. According to Zameen.com’s data, the price continued to experience an upwards trend by the mid of 2013.
In August, 2013 the average price of 10-Marla plots in Bahria Town Rawalpindi spiked slightly to 4,286,962 and in September, 2013, the price skyrocketed to Rs. 4,970,201. In percentage terms the average price of 10 Marla plots in the first nine months increased by 69%, which indeed is a big and a favourable change for the property investors.
All the data gathered by Zameen.com portrays that the prices in Bahria Town exhibited noteworthy upswing. The society still seems to have a growth potential owing to which it is expected that the prices will increase further in the coming time because the prices have not yet reached the higher notes, as compared to other well-developed localities.
For more information please visit: www.zameen.com
This press release is originally published on: www.allvoices.com/contributed-news/15841763-zameencom-notices-a- ..