|BUY SELL RENT PATNA|
Lately real estate projects in
Patna, both commercial and
residential are getting delayed.
General causes for delay in projects in the real estate Patna market varies from funding issues to delay in regulatory
approvals and weakening demand. Lack of funds due to slowing investor activity
is another reason for delay in residential and commercial projects in Patna. But the most significant reason remains lack of demand.
The main reasons for lack of demand are recessionary and inflationary
A major reason for delayed projects in
But many projects of reputed developers in
Another small but significant reason effecting funding is increase of minimum investment limit in private equity funds (PE) to Rs.1 crore, by Securities and Exchange Board of India (Sebi). Many small investors are finding it difficult to raise such a hefty amount. This is adversely effecting investment through PE funds.
Apart from funding issues and issues related to slackening demand, increase in input costs is yet another contributing factor in delay of projects in
Patna. Increasing input costs have decreased the margins of
developers in Patna drastically. This is affecting the profitability of many
ongoing and yet to be started projects, which are getting delayed in Patna. Rising land cost
in Patna is another major reasons
of delay in launch of new projects.
So, it can be concluded that delay in projects in