REAL ESTATE PATNA

Patna Around 350 BC, Greek traveler Megasthenes described Patna as one of the greatest city in the world. Rip Van Winkle the fictional character if Washington Irving slept for 20 long years. My dear Patna , when will you wake up; almost 2000 years have passed. When; once again will Patna regain its lost position of the number one city in all possible parameters human could imagine!!!! As a Patna dweller WE long to make peace with the past of our city so that in present WE can rest in peace; but in vain. The past is too tall and the present is minuscule. The future can be determined and that is on the top of our mind. The audacity of our hope will make new beginnings towards glory. Patna Municipal Corporation, urban development department and the state building and infrastructure departments needs a dreamer and visionary at the helm of affairs. It is a long time since these departments have worked in tandem to implement VISIONARY developmental town planning. No politi

Buy sell rent Patna The real estate industry in Patna would want to forget 2013. The year saw builders stuck with lifetime high unsold inventories, thanks to the step taken by the High Court of Patna against illegal construction and Patna Municipal Corporation’s inefficiency to bring the house in order even though nine months have passed. Developers in Patna held back launches, refrained from sharp price cuts and pegged all their hopes on freebies and promotions. The home buyers stayed away from the real estate industry in Patna due to the mess and indecision of the governing bodies. The home buyers in Patna expect a steep fall in prices of property in Patna . It is not to take place. We can c all it a vicious cycle, but cash-strapped builders in Patna say they cannot cut prices given the high trajectory of inflation and borrowing costs, whereas buyers say they will stay away until there is a sharp price correction as buying a 2/3 bhk flat in Patna has become unaff

Water Park at SAMPATCHAK What is it about Sampatchak that is attracting a breed of   Patna ’s developers to launch projects there? Not to many years ago, all it stood for was greenery and relatively pollution-free environment and large tract of agricultural land. Today, it is the most important hub of high-end schools coming up in Patna . The latest addition is SRIRAM School , Patna ; in the long list of already existing schools of International quality in Sampatchak locality.  Actually, there's no real mystery here. Sampatchak is tantalizingly close to NH-83 and NH-82. Both these Highways are getting upgraded to four lanes. The schools on the other hand have always played a major role in Patna ’s real estate   development historically. The western part of Patna ; Shaguna More, Gola Road and Khagaul are examples to be noticed. It seems Sampatchak will follow the same course. Yes, with prices below Rs.3500/- per square feet, the area seems to be investors’ (NRBs a

Affordable Housing for investment in Patna The high Court intervention in large number of illegal constructions in Patna and careless attitude of Patna Nagar Nigam in passing the building maps has raised many questions about the inside reality of real estate sector in Patna . It has highlighted the nexus between politicians, builders and bureaucrats. It has also highlighted the urgency of regulation to safeguard interest of common people and investment risks in a real estate in Patna as an asset class. In this article the focus is on investment in real estate in Patna as an asset class. In Patna most of the people consider the real estate investment particularly in residential premises as safe investment with potential of high reward which may not hold true now. The reason why people bet more on this sector is availability of easy loans in recent times and tax benefits available on such home loans. Another major reason is involvement of black money which makes this sector m