REAL ESTATE PATNA

Buy Sell Rent Patna The main reason that the Patna real estate market finds itself in trouble today is that prices have become unaffordable, even for most professionals. The underlying reason for this is an artificial scarcity of land in our cities in Bihar and particularly Patna . There are several reasons for this: states have zoning restrictions, land-use rules and so on. This need not be a bad thing, but these rules are administered by inefficient and corrupt bodies. Clearances and permits follow a labyrinthine process and involve the greasing of many palms. The resultant shortage of land in Patna where apartments, offices and shops can be built inflates prices. Today, as demand starts to weaken across property markets in Bihar , we need to think of ways to build really affordable real estate in Patna . First, the government must identify tracts of land to build new urban projects in and around Patna . Once identified, the change of land use from farm or fallow la...

Buy Sell Rent Patna Patna is proving to be one of the most lucrative options for property investment among Tier II cities in our country. It is scoring on the back of factors such as being the state capital of fastest growing state of the country, affordable rates, infrastructure development, good returns and several builders having projects in Patna . Experts believe that property rates in Patna are expected to rise in the future owing to the infrastructure development planned in addition to many high-rise buildings also coming up in Patna . Infrastructure projects that are likely to boost the capital values in Patna include metro rail, Road along Ganga and various National highways construction. Local realtors feel that Patna is an end-user driven market but has slowed down after last year because of sharp appreciation in the past years. With the announcement of metro rail project in Patna the area around Shaguna more and Gola Road in Patna will assume more capita...