09 August, 2018
Top 10 Rental Localities in Gujranwala
Tips & Advice
Are looking to rent a house? Or you want to rent out your own house in Gujranwala. You need to know about the market situation and mention below is all the details you need to know. Have a look on the most popular localities in Gujranwala:
Top Rental Localities of Gujranwala
| Rank | Locality | Popularity Index | Performance |
| 1 | Wapda Town | 100 | No Change |
| 2 | DC Colony | 70 | +1 |
| 3 | Citi Housing Society | 54 | -1 |
| 4 | Rahwali Cantt | 48 | +1 |
| 5 | Garden Town | 34 | -1 |
| 6 | Canal View Housing Scheme | 33 | No Change |
| 7 | Satellite Town | 21 | +1 |
| 8 | G Magnolia Park | 19 | +2 |
| 9 | Peoples Colony | 18 | -2 |
| 10 | Model Town | 13 | -1 |
It is noticed in last 2-3 years that Citi Housing and Wapda Town are competing aggressively for the top spot. However Wapda Town has been leading. Because Wapda Town is an older, more well-settled, and organized society as compared to Citi Housing. This can be because of better superfluities and services including a more robust market as compare to other localities. Citi Housing having constant sewerage issues so that might also be attracting genuine buyers towards Wapda Town.
DC Colony stands on number 3 giving a good competition to Citi Housing Society. Rahwali Cantt, Garden Town, and Canal View Housing Scheme have been almost equally popular throughout the last 2 years. A similar situation prevailed for the societies ranked 7th to the 10th. Following are the average rents and the rental yields for double storey houses in Gujranwala’s localities:
Wapda Town
The most popular block for rent is Block C2. The average rents and rental yields during the month in Wapda Town were as follows:
Average Rents (in PKR)
| Plot Size | Rent |
| 5 Marla | 28,000 |
| 10 Marla | 53,000 |
| 1 Kanal | 80,000 |
Average Rental Yield
| Plot Size | Yield |
| 5 Marla | 4.3% |
| 10 Marla | 4% |
| 1 Kanal | 3.3% |
DC Colony
Chenab Block, Neelam Block, and Indus Block were the most popular sub-localities during the month of December, while the average rents and rental yields were following:
Average Rents (in PKR)
| Plot Size | Rent |
| 5 Marla | 30,000 |
| 10 Marla | 45,000 |
| 1 Kanal | 65,000 |
Average Rental Yield
| Plot Size | Yield |
| 5 Marla | 4% |
| 10 Marla | 4.5% |
| 1 Kanal | 2.8% |
Citi Housing Society
Phase I was the more popular sub-locality for rentals in December, while the rents in Citi Housing stood as follows:
Average Rents (in PKR)
| Plot Size | Rent |
| 5 Marla | 35,000 |
| 10 Marla | 70,000 |
| 1 Kanal | 110,000 |
Average Rental Yield
| Plot Size | Yield |
| 5 Marla | 4.9% |
| 10 Marla | 4.8% |
| 1 Kanal | 4.1% |
Rahwali Cantt
Askari Homes is the most popular area for rent in Rahwali Cantt. The rents and rental yields in Rahwali Cantt during December were as follows:
Average Rents (in PKR)
| Plot Size | Rent |
| 10 Marla | 40,000 |
| 1 Kanal | 90,000 |
Average Rental Yield
| Plot Size | Yeild |
| 10 Marla | 3% |
| 1 Kanal | 3.6% |
Garden Town
The rents and rental yields in Garden Town during December were as follows:
Average Rents (in PKR)
| Plot Size | Rent |
| 10 Marla | 48,000 |
| 1 Kanal | 100,000 |
Average Rental Yield
| Plot Size | Yield |
| 10 Marla | 4.2% |
| 1 Kanal | 4.3% |
These are the top best options in Gujranwala city for more updates keep visiting our web site. Apex Group “Converting Dreams into reality”
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