Skip to main content

Bihar's urbanization challenge.

Urbanisation can be simply defined as the rise of cities vis-a-vis the rural landscape. As a country moves ahead on the road to progress, cities tend to take center stage. In that manner, the rise of cities has often been construed as an indicator of development and progress. The case has been no different when it comes to Bihar. While the pace of urbanization was a bit slack in the early years post-independence, it has really picked pace in the past few decades, especially in the post-1991 phase. Coupled with economic growth and expanding markets, the urban population now stands at around 30% of the overall pie in India. Bihar lacks far behind the national average and the urbanization rate in Bihar is just 11.3% as of 2011.

The picture of an urban Bihar is far from rosy. From economic growth to demographic dividend in the form of a young population, Bihar has many things going for it. If Bihar desires to shed its “laggard state” tag planned urbanization needs to be given due attention. Upgrading existing cities and creating new ones are prerequisites for economic progress and they must take place in an organized manner.


Urbanization in Bihar has been a victim of systemic inefficiencies and policy vacuum. While Bihar’s population is no doubt increasing, quality of life of citizens in urban areas is declining. Moreover, unchecked migration from rural areas is only putting further strain on the infrastructure in cities. The result is water and power shortages, lack of proper sewage collection and treatment, overburdened transport systems and unplanned constructions in cities like Patna in Bihar.

It is imperative then to not only create new ‘smart’ cities, but also upgrade the existing ones. Developing newer cities will bridge the rural-urban divide. This will in turn reduce social inequity, one of the biggest psychological benefits of planned urbanization that will incur in our state Bihar.
We in Bihar need to ensure that the process of urbanization occurs in a smooth and phased manner. A carefully planned city will attract investments, create jobs, have strong infrastructure, and most importantly, up the standard of living of its citizens. Going ahead, the contribution of cities to Bihar’s GDP will only increase. To adequately leverage this, Bihar needs livable and productive cities.

www.buysellrentpatna.in


Lost somewhere between the labyrinth of local and state bodies, municipal corporations, urban development agencies, corruption and political will, Bihar’s urban spaces are struggling to breathe? If unplanned growth of cities continues, their state will only get more deplorable.


There has to be better cohesion between the various agencies responsible for urban development and planning in cities of Bihar. Sewage treatment, provision of clean water to citizens, robust healthcare systems, efficient transport networks and strong governance must form the blueprint of re-designing existing cities and creating new ones. Technology can go a long way in helping realize the creation of smart, safe and sustainable cities in Bihar.  Every urban plan will need to have a long-term view only then will economic growth happen. A myopic approach can prove disastrous. To address such issues of scalability, one needs proper research mechanism in place.


In a state such as Bihar, that witnesses unchecked migration to urban areas, creation of smart cities is nothing short of a landmark move. It has the potential to improve the administrative process and also provide citizens access to quality healthcare, education, sanitation and governance. With overpopulated cities and their strained infrastructure, Bihar is already in the midst of an urban crisis. The only way out is planned urbanization.


Public and private bodies must join hands and come up with smart, sustainable and long-term solutions. Creating thriving and self-sufficient urban spaces will not only ensure inclusive growth but also contribute to overall economic advancement.  The future of Bihar lies in cities and we must fortify them if the state has to prosper.

www.buysellrentpatna.in




Comments

  1. Nice Blog Post… If someone wants to take a flat or apartment in your budget of 1bhk, 2bhk and 3bhk, then Godrej Hillside noida extension is giving you a good real estate property.

    ReplyDelete

Post a Comment

Popular posts from this blog

Naubatpur; an ace investment destination for land buyers in Patna

  If you want to put your money somewhere and forget about it, buying land in suburbs of Patna like Naubatpur could be the investment vehicle you’re looking for. Think about it: land is a long-term, tangible asset that  doesn’t  wear out and  doesn’t  depreciate. If you go into investing in land with the intent of holding  the right property for the long-term , it can make a lot more profits than any other investment asset class out there. Buildings can be replaced and demolished, whereas  land is a valuable and finite resource , with only limited quantities available. And Bihar has a population of 15 Crores and per capita income of Biharis are increasing in double digits. Land investing is for the patient, smart investor, someone who is willing to hold for the long-term or pass it on as a legacy. It’s for the investor who is looking ahead for 10 – 15 years. Land is a smart long-term hold, allowing you to win the benefits of rising values. Especially if you buy in an area like Naubat

Land Prices in Patna and Patna Real Estate.

Buy Land in Patna It is the rising price of land in Patna that keeps the price of real estate in Patna always increasing because the land price is the most important price factor in the real estate price in Patna. But at the same time land prices in Patna are also dependent or better say partially dependent on real estate developments in Patna. With rising real estate developments the land prices too head northwards. This very symbiotic relationship between land prices in Patna and development in Patna real estate is major cause of real estate bubbles in Patna. Yes, it is interesting to decipher whether it is high prices of houses in Patna that makes the land prices in Patna higher or is it high land prices that makes buying a house in Patna exorbitant. The price of property in Patna is made of material cost, labour cost, intangibles like location & brand, marketing and administration costs (for builders and developers in Patna), registration & stamp duty cost, tax

WHAT IS THE MEANING OF “AFFORDABLE” FOR HOME BUYERS IN PATNA?

A   survey conducted by our company   on 100 flats’ buyers in Patna found that two out of every three homebuyer   in Patna   s ank in more than 50% of his total savings into the down-payment itself for purchase of flat in Patna .  Flats as investment vehicle is never attractive in Patna as rental yields are very low in Patna and property prices in Patna are elevated in many localities. The ‘ideal flat in Patna’ should provide the convenience without the compromises, be affordable and have great resale value. Since this is an elusive dream, home-buyers in Patna should focus on one or two items on their wish-list. It is important to find a good middle-ground between utility and affordability while buying property in Patna .  For a middle class resident of Patna, AFFORDABLE means property in Patna under the Rs 50 lakhs bracket.   Because the AFFORDABILITY measure = Ratio of EMI to Monthly income. A middle class family in Patna earns around Rs 75000/- monthly income ( ear