Infrastructure development has a significant impact on the property buying decision in Patna as well as any other part of the world. Whether a first time home buyer or a seasoned investor, all of us look for the growth in values of our property in Patna ; we know that infrastructure development is a booster dose for realty values in Patna. One of the greater catalysts is transportation infrastructure. It has historically proven to have a positive impact on realty values in a city like Patna – residential and commercial properties in Patna located close to transportation infrastructure tend to command a premium. Independent analyses of pricing in many cities in India reveal that proximity to a metro station can single-handedly account for a 22% variation in land values, the other factors being location, distance of the land from the central point and income groups; we quote this as METRO is going to run in Patna in near future. It is also observed that average areas gai...
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