Skip to main content

Best Real Estate Investment in Patna: - 2 BHK FLAT

Buy Sell Rent Patna


First and foremost the difference between investment and self- use must be clear, prior to putting money in any property in Patna. In self-use; while you pay for your own “emotions” and requirements; in an investment you pay for or put your money for returns in the best trend of the market, the mass. One additional feature for any investment in Patna is liquidity. In self –use you need not think about liquidity as you do not need to cash out in near future of 3 to 5 years but in an investment that is the objective. In Patna real estate, the investment can be in land (longer the term the better), for rental yields (commercial is better) and re-sale (for getting returns in 3 to 5 years).
We feel, especially in the residential segment in Patna property market, middle path is the best. Invest where the target audience is largest, larger re-sale as well as rental opportunities. No doubt in this regard 2 BHK flats in Patna score the best.
Patna middle class can afford 2 BHK the best. Patna property market has the highest buyer in the segment of 35 lakhs to 45 lakhs and size of around 1000 Sq ft. Larger number of buyers means higher demand and therefore better liquidity. People earning Rs. 50,000 to Rs. 75000 per month can afford to buy properties in Patna in such range through home loans too easily. Therefore there is a market for it.
Secondly, if you want to hold your investment for some reason then too the best rental yield in residential segment (read our article on rental yield to understand better) comes from 2 BHK flats in Patna.
The final advantage is the maintenance cost. The middle class in Patna does not look only for the maintenance it pays monthly to the society but also what the maid asks for the “Jhaadu- Pochha” seeing the size of the flat and many more such day to day things related to living in Patna. 

Buy Sell Rent Patna


Therefore, 2 BHK flats in Patna are ideal investment options because of larger demand by nuclear family and medium-sized families in Patna. Thinking practically and for the long-term purpose, investing in 2 BHK flat in Patna is certainly the best thing you can do for better returns.

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 office space is giving you a good real estate property.

    ReplyDelete
  2. Great Blog!! Thanks for sharing very nice information for us. I really like it. We are sharing some very knowledge information about real estate projects in ncr. If you are searching to buy Apartments in Gurgaon with world class amenities and facilities. Bestech launches commercial and residential property in NCR.

    ReplyDelete
  3. I think this is among the most vital information for me. And i'm glad reading your article. But want to remark on some general things, The site style is perfect, the articles is really nice : D. Good job, cheers. Alex Shcolyar

    ReplyDelete

Post a Comment

Popular posts from this blog

5 TOP LOCATIONS TO INVEST IN LAND IN PATNA

  How to pick a desirable Investment location in Patna Real Estate? There are a lot of factors that are important when it comes to select a property to invest in Patna real estate. A great location is one of the most important factors. However, finding out whether a property in Patna has qualities that you are interested in and a great location suitable for investment; requires quite a bit of research and even search. It's important to recognize that the locals are an invaluable source of knowledge about any location for investment in Patna real estate . Just mention to someone in a local chai dukaan that you are looking to buy land in the area !! You'll find that people are more than willing to share knowledge and insights about that area. You will be told even about the number of transactions going on in recent times and even tentative prices prevailing in that area in that chai dukaan . Locals can give pointers as to the most profitable locations in Patna real estate....

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. Espec...

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 arou...