Patna Property:- Shaguna More and Gola Road

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 capital values.

There are very few investors interested in the real estate Patna market so far. Local buyers are investing in G+3 building as these projects are available within the city and they do not want to stay far from the city. High-rise buildings can be primarily developed in the outer locations on western side of Patna.

Ready-to-move properties are more in demand than under-construction properties in Patna. The main development is concentrated around Shaguna More and Gola Road in Patna and that is where the buyers should invest.

Another infrastructure activity that is in the pipeline is Ring Road around Patna. This will divert the outside traffic from maneuvering in the city. Residential development is booming while commercial is not doing too well in Patna. Flyovers are also under progress, which will further the connectivity in Patna.

The development of projects has been slow yet; expectations are that once the construction is on full swing, the traffic flow and congestion will definitely improve. Shaguna More and Gola Road are two areas where property investment in Patna will be concentrated in future due to the social infrastructure planned in these locations.

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