REAL ESTATE PATNA

  BUY SELL RENT Today the Indian Real Estate industry has reached a crucial juncture in its evolution where it requires more resources to grow. The real estate sector’s inventory has improved both in terms of quality as well as depth. We have seen many Developers now putting in place sound strategies to build a healthy spread of both Commercial as well as Residential Projects . Developers are emerging from the recent churn with relatively healthy Balance Sheets. The advent of REITs in the Indian real estate market will allow the sector to have access to a large and healthy source of funds. It will provide the sponsor (usually a developer or a private equity fund) avenues of exit thus providing liquidity and enable them to invest in other projects . Post clarity and implementation one can expect participation from large corporate entities. The REIT may raise funds from any investors, resident or foreign, but initially till the market develops; it is p...

SHOPS FOR RENT IN PATNA Mr. Kumar started a franchise coffee outlet of a brand in Patna . Though coffee drinking is not a part of Bihari lifestyle; he was confident of winning the young crowd of Patna. From the first day on wards what irked him was the high rental that he was paying for the space and the large security deposit that was asked for the same. The rental and electricity bill constituted 60% of his fixed overhead costs. He paid Rs. 65000 for his 800 sq ft outlet. Maintenance and electricity charges took it to around Rs.85000 on an average monthly. This recurring fixed overhead cost has taken the lead time for breakeven from usual 8 months to unbelievable 2 years. And now the landlord/owner of the place feels that the rent be further increased as his business is running well. The truth is that he is yet to break even and the summers are around and there will be dip in his business and at the same time the electricity bills due to air conditioning cost will incr...