REAL ESTATE PATNA

Information technology  has changed the way people live in 21 st  century. In the state capital  Patna , the use of IT is increasing day by day. However if we compare it with the National average; it’s far behind the metros and cities like Pune, Hyderabad, Bhuvneshwar etc.   The irony is that our state missed the IT wave completely from 1990-2013; to say the least. One major reason was the apathy by the state government regarding this field and secondly the low quality of IT education in the state. IT and large number of educational hubs have gone hand in hand in our country’s progress in the Information Technology world. The lucky  Bihari  students who were able to migrate to other destinations of education have reaped its benefit. The southern India has led the IT revolution. It seems after the IT bust around the turn of century and the economic meltdown during the last five year the IT sector has undergone consolidation and seems to ride another gr...

Infrastructure development has a significant impact on the property buying decision in Patna as well as any other part of the world. Whether a first time home buyer or a seasoned investor, all of us look for the growth in values of our property in Patna ; we know that infrastructure development is a booster dose for realty values in Patna.  One of the greater catalysts is transportation infrastructure. It has historically proven to have a positive impact on realty values in a city like Patna – residential and commercial properties in Patna located close to transportation infrastructure tend to command a premium. Independent analyses of pricing in many cities in India reveal that proximity to a metro station can single-handedly account for a 22% variation in land values, the other factors being location, distance of the land from the central point and income groups; we quote this as METRO is going to run in Patna in near future. It is also observed that average areas gai...