REAL ESTATE PATNA

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...

Buy Sell Rent Patna What can you hope for with elections around the corner in real estate Patna ? Like all other industries, the real estate industry in Patna is equally excited and nervous about the scenario post elections. Only time will show whether the property market in Patna will remain intact and grow or experience a change for the worse. The Elections have just been conducted in the five states of our country and the results are encouraging for the opposition in four of the major states. The speculation market is flowing with who is going to form the government in 2014 and what will be the future for the next five years. Like all other industries, the real estate industry in Patna and in the whole country is equally excited and nervous about the scenario post elections in 2014. Only time will show whether the property market will remain intact or experience a change. But till then, www.buysellrentpatna.in is trying to bring you an analysis based on the tre...

The deepening economic slowdown, rising cost of living and low wage revisions, coupled with higher interest rates, are forcing salaried professionals who had earlier invested in properties in Patna to put them up for sale in Patna . Resale inventory has increased 30% in Patna real estate industry. Buy Sell Rent Patna People who had invested in properties in Patna some 5 years ago are now finding it difficult to service their home loans which have become too expensive now due to the rising interest rates and falling rental yields. According to a survey, resale inventory in Patna has increased nearly 30% over the last six months. Economic slowdown has hit the   Patna real estate industry. Salaried professionals, who had invested in properties in Patna five-six years ago to cash in on the boom, are now looking to sell them as they are finding it difficult to cope with the high cost of living. The resale market of flats in Patna is currently domin...