Skip to main content

Posts

Showing posts from August, 2016

“Biharis, invest in Real estate Patna; rather than Delhi NCR and other Metros.” WHY?

Property expos are regular features in the centrally located relatively prime hotels of Patna. They are usually organised by popular newspaper houses and co-sponsored by builders and developers. This is a welcome effort and the Patnaites are reaping the benefits of comparing under one roof before making decisions. The surprising part is the participation of a number of builders from outside Bihar in these Patna Property Expos; especially Delhi NCR. The main reason for Biharis being attracted in properties outside Bihar is that Biharis are migratory birds. Unfortunately, still a Bihari parent wishes that their offspring works outside Bihar. No doubt things have started reversing but Bihar has still a long way to go. Biharis are so obsessed with the outer world that they do not realize that the Patna is a better investment avenue for real estate than the metros of India. The ROI in Patna real estate is HIGHER. Yes; Patna is better-suited for investing in property and earni...