REAL ESTATE PATNA

Large residential projects in Patna I have often wondered why developers in Patna concentrate primarily on smaller projects. After all, doesn't it make more business sense for builders to launch large township projects? The primary reason that the builders and developers are going for small single residential project in Patna are following:- - The developer's construction costs for smaller residential property developments is much lower - They require a lot less land, and can be constructed in central areas where demand is high and we know land is really scarce in Patna . - They can benefit from whatever infrastructure already exists in the locality, so there's no need to put in much more - They can be constructed much faster and also sell much faster to a ready clientele who are looking for flats for sale in Patna . - There was demand for smaller residential projects in Patna even while the recession was on in the country. Tempting arguments

Even as crumbling infrastructure, government apathy and rising costs have paralyzed Patna ’s real estate sector, affordable housing – which was the flavor of the season following the slowdown in 2008 – seems to have lost its allure among developers in Patna . One way to make the segment affordable and viable in Patna is by standardizing the procedures for building affordable houses in Patna , and working on smaller projects and plots of land. Assembly line production model  The key is standardization for more productivity and efficiency on a project – pretty much like an assembly line production in the auto industry. Can we bring analogous practices in the housing industry like in the auto sector? Can we run mass housing like the auto industry? If we can, Patna will be home to more people with standard of lifestyle increasing manifold and the cost of living reducing too. Abiding by the ‘auto assembly line’ model, one needs to follow a cast-in-place techno

buysellrentpatna.in  T he primary advantage of going in for a resale flat in Patna would lie in buying a home in a strategic location where no new supply is coming in. If one has personal cash resources at one's disposal and is not reliant on a home loan (a home loan on a very old property cannot be taken for granted), buying a home in a project that is 30 years or more in age can be a good investment bet in Patna if the residential property is in a strategic, high demand location with low or no new supply. This would mean that the project would come up for redevelopment, ensuring a tidy profit to the owner. Are Resale Properties Always Cheaper? Not necessarily. In Patna , new residential property supply is scarce or non-existent in many central locations. In such areas, there would not be a question of discounts on resale properties. Discounts are more prevalent in areas where the market is more competitive. That said, resale properties are sold either by the prima