Best Real Estate Investment in Patna:

Best Real Estate Investment in Patna: - 2 BHK FLAT

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.

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.

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

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