REAL ESTATE PATNA

Patna Real Estate As they say, Patna is a city of neighborhoods, and with such diversity, there’s something for everyone. As a Patna real estate consultant , in the last 8 years we’ve helped dozens of people from all walks of life in Patna  to find the right home for them in the best locality in Patna for them. While everyone’s individual needs are different, we like to provide general guidelines to our clients that will aid them in finding the home that fits their needs in future as well as present. So with that being said, here are a few basic rules to get started on your  Patna Home search . And remember, if you’ve got more questions and would like to discuss buying a property in Patna , please email us – info@buysellrentpatna.in or call @ 8002313930. If you’ve got kids and you’re looking for great schools:  We would recommend Patliputra, Rajiv Nagar or West Patna ( Raja Bazaar to Shaguna more). Even localities across By-Pass road like Ram Krishna Nagar...

Don’t find customers for your products; find products for your customers, is the new mantra for Patna real estate going forward. With a stable popular state government in Bihar, the real estate in Patna is all set to gain lost glory. As soon as the election results were announced, the queries have increased manifold in Patna Realty market . The most heartening factor about these queries are that the customers are specifying the time and type of inventory they need. While the customers are detailing their need; one can feel that the demand is changing and therefore the supply needs to match the demand in buyers market currently. Patna Real Estate With the time there is increased focus on the quality of buildings and the lifestyle they offer by buyers in Patna real estate. They are also willing to pay for amenities. The buyers in Patna are demanding clubhouses with entertainment facilities, low depth swimming pools for children, jogging tracks, green spaces and more. The f...

Patna Property The Ashiana-Digha road is a two-way road that is 7m wide. Once the drain beside it is covered, the stretch from Ashiana Mor to Rajeev Nagar drain would become 14m wide and the road will assume two lane status. The 2.8-km stretch of the Ashiana road would be a bit higher than the existing one which too has a seven-meter wide carriage way. At four points along the stretch, cuts would be left in the median for the convenience of commuters. These cuts would be located near the Ashiana Colony, Ramnagri Mor, Magistrate Colony Mor and between the Bailey Road junction and Magistrate Colony Mor. What does this development mean to the real estate of the area? The first and foremost reaction of the residents is “delayed” according to a survey conducted by hyper local real estate portal of Patna, buysellrentpatna.in . It was in the 1990s that the first development on Patna’s western frontier was staged by private local developer in the form of Ashiana Nagar ; phase one...

Luxury Apartment in Patna The question ‘does location provides you with luxury?’ is an interesting one. Is a family that lives in a compact, old, stuffy and featureless 2 BHK flat in Exhibition road , Patna living in luxury? Or would such a family live in luxury if it sold this flat in Patna and moved to a more modern, spacious, comfortable and better appointed flat in New Patna, Gola Road or Shaguna Mode ? Given the ever worsening shortage of land in the prime locations of our city, Patna ; Property prices in central areas of Patna are largely beyond affordability for most home buyers in Patna . Homes in such locations are bought by the extremely rich for the sake of address value and easy access to the business avenues, even if they lack the superior amenities of newer, more modern buildings in further-flung areas in Patna . In such cases, the luxury factor is vested almost exclusively in the snob appeal of the location in Patna .   For a family living...

Buy Sell Rent Patna “The Patna Real Estate market has not even reached 20% of its potential. Any investment in real estate in Patna is bound to be profitable!" This statement clearly summed up the Patna Real Estate market in last ten years. Going by the recent trends in the Patna property market , it's for the first time in last ten years that we are currently facing a consolidation or even correction in some areas of Patna real estate, especially commercial space. We need to realize that a slow down or a breather was in demand for a fast growing property prices in Patna . After a lull of at most three years once again Patna real estate will embark its growing trajectory in the next 10 years.   In fact for the investors in property market of Patna ; the mantra is that this is the time to go shopping for property in Patna ; as the market has started firming up or correcting already. As the organized Real estate market develops in Patna , real estate as an i...

Investing in real estate is a time-honored method of achieving financial success all around the world and more so in Growing Patna currently. Throughout the ages, investment in property has helped a lot of people make a great deal of money – sometimes quickly, sometimes over the long term. Those who invest for the short term are generally known as property speculators, and they play a risky game. Long-term property investment is for forward thinkers who have an investment horizon of at least five years. The objective of a long-term property investor is to buy a property at a low price and sell it at a higher price. To be successful at this, one needs to know what is going to happen in a certain locations in Patna over the next few years. Invest in a growing location in Patna You will need to invest in a growing location in Patna , not an established one. This is especially true if you are a middle-class person living off a middle-class income. There are two reasons for ...

Buy Sell Rent Patna With a rising number of property portals entering the real estate market in Patna , the online real estate business in Patna is expected to improve gradually as these websites bring transparency by providing high quality information about residential and commercial projects in Patna . Property portals and websites are increasingly becoming a tool for research on buying, selling and leasing residential or commercial properties in Patna and many parts of the country, as the amount of information listed on these sites is increasing. Secondly the penetration of internet is increasing day by day in Patna . The good news is that it is not only the younger generation which is getting hooked to computers in Patna but even the older gentry are spending time in front of computer screens. Currently, the size of the property portal market in our country is around Rs 350 crore going by the top line of some of the listed portals in the country. This marke...

Buy Sell Rent Patna It is generally accepted that improved road connectivity is very important for real estate growth anywhere in the world and more so in Patna . Patna was deprived of any road development for almost a decade or so in 1990s. Most property brokers and real estate agents in Patna therefore make a big case out of an area's new excellent road network in Patna and how this improves the appreciation value of a proposed property in Patna. But how exactly does this phenomenon work? What is the real 'connection' between better roads and better real estate values in Patna ? Road Connectivity And Quality Of Life in Patna Fundamentally, the creations of major roads in Patna have reduced vehicle travel by cutting down the distance that needs to be traveled between destinations. This has a direct effect on residents in connected areas of Patna . With shorter distances, people can comfortably choose to travel public transport or two  wheeler   ther...

Buy Sell Rent Patna Patna real estate scene will witness the emergence of senior citizens' homes as a new market segment as the number of projects and housing stock directed at this section of population will rise fast. The status of seniors in Patna real estate market will experience a sea-change, owing to their growing cohort size, augmented financial independence and change in mindset. They will no longer be considered withdrawn, risk averse and financially dependent. The immense potential of this segment, with its unique needs and promises, will offer an array of opportunities to the Patna real estate market. The developers in Patna seriously need to explore this segment actively. The early birds will have distinct advantages. In   Patna , large numbers of households are nuclear and a significant per cent of the population is aged 60-plus, indicating that the aged are in greater need of support than ever in Patna . Therefore, the number of housing units being ...

Buy Sell Rent Patna How often do we come across a situation wherein supply in the real estate market is not aligned with market demand? The answer may be “YES”; in most cities. A similar situation looms large on the Patna real estate market. BuysellrentPatna has found, there is a significant mismatch between demand and supply of different configurations. While 2BHK seems to be the preferred size for buyers in Patna , developers in Patna are largely building 3BHK units. The data also shows that supply for 2BHK units has remained just above 30 per cent, while that of 3BHK has inched up slightly and settled at 45 per cent of the total supply in the real estate market in Patna during the same period. Units of 2BHK have remained the preferred category with nearly 45 per cent share of the market demand. This indicates a considerable difference of nearly 15 per cent between demand and supply of 2BHK apartments in Patna . Buyers in Patna are price sensitive. Most of the dem...

Buy sell Rent Patna It is challenging for builders to construct green buildings in Patna as they are 25-35 per cent more expensive than normal housing structures in vogue and there are less home buyers for green homes in Patna . In fact developers in Patna say that the green buildings are futuristic and home buyers in Patna are not very aware of its benefits in the long run. Therefore the lack of awareness does not allow them to pay higher prices for green homes in Patna . Developers of residential projects in Patna say that despite the benefits, constructing a green building remained a challenge when it came to the initial capital outlay and immediate returns on investment in Patna . Considering the changes in global climate, rising population, pollution, related regulations and also com- mercial concerns vis-à-vis power crisis, running cost and pressure on urban infrastructure in Patna , green practice will become a necessity rather than a matter of choice i...