REAL ESTATE PATNA

Property Rates Patna “Good lord, they are too high.” They are unreasonable. But at those prices only properties in Patna sell. Interestingly the story of non- resident Bihari is more peculiar. If they have to buy, they will pull out a list of amenities which Patna has not even heard of. But the same person while selling his/her ancestral property in Patna , a city which is not livable according to them, quotes amazing high prices. Secondly, because they live outside Patna, it makes them feel they are Smarter and they even know more about Patna than a resident working 24*7 in real estate of Patna. These non- residents have another superlative attached for themselves; we are connected. That is how the entire real estate of Patna , is made up of; ignorance and arrogance. The truth is that these non- residents live in sq.fts as little as 600 in the bigger cities all around the world and their life is dictated by work and weekend. As their work is defined so is their weekend, ...

If you are looking to Buy / Sell / Rent a Property in Patna – Do it through a Property Mandate! What is property mandate? A mandate is an agreement between a Seller/Buyer/Home Seeker and the Real Estate Agent(s) regarding finding or marketing of a property, seeking potential buyers / sellers / tenants or landlords and completing the necessary paper work and legal formalities. Property Mandate Giving a Property Mandate would serve several advantages to you in Patna while it will also maintain a customer loyalty factor for your Real estate agent in Patna. A few advantages of carrying out a Real Estate Transaction in Patna by issuing a Mandate are: - 1.     High Motivation for the Agent As only one real estate agent is given responsibility to transact your property his/her reputation, and that of his agency will be on the line, so he/she will likely be highly motivated to go the extra mile and achieve results.  2.    More Adver...

Things are looking up for real estate sector in Patna with proposed implementations of Real Estate Regulatory Act and Goods & Services Tax along with lower home loan interest rate regime. This sentence is qualified by the increase in number of queries on our Patna property portal www.buysellrentpatna.in . The feel good factor is also being supported through fiscal benefits offered to taxpayers and home-buyers in Patna. The sentiment is expected to turn positive and instill confidence among home-buyers, which is extremely important for the revival of the real estate industry in Patna. The Union Budget's gift of infrastructure status to affordable housing is a game-changing move that will open up more institutional sources for developers in Patna to raise funds at competitive price. The budget has also given leeway to developers in Patna to build bigger houses and extended the time of completion of affordable housing projects from 3 years to 5 years. We strongly ...

Property expos are regular features in the centrally located relatively prime hotels of Patna. They are usually organised by popular newspaper houses and co-sponsored by builders and developers. This is a welcome effort and the Patnaites are reaping the benefits of comparing under one roof before making decisions. The surprising part is the participation of a number of builders from outside Bihar in these Patna Property Expos; especially Delhi NCR. The main reason for Biharis being attracted in properties outside Bihar is that Biharis are migratory birds. Unfortunately, still a Bihari parent wishes that their offspring works outside Bihar. No doubt things have started reversing but Bihar has still a long way to go. Biharis are so obsessed with the outer world that they do not realize that the Patna is a better investment avenue for real estate than the metros of India. The ROI in Patna real estate is HIGHER. Yes; Patna is better-suited for investing in property and earni...

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...

Urbanisation can be simply defined as the rise of cities vis-a-vis the rural landscape. As a country moves ahead on the road to progress, cities tend to take center stage. In that manner, the rise of cities has often been construed as an indicator of development and progress. The case has been no different when it comes to Bihar. While the pace of urbanization was a bit slack in the early years post-independence, it has really picked pace in the past few decades, especially in the post-1991 phase. Coupled with economic growth and expanding markets, the urban population now stands at around 30% of the overall pie in India. Bihar lacks far behind the national average and the urbanization rate in Bihar is just 11.3% as of 2011. The picture of an urban Bihar is far from rosy. From economic growth to demographic dividend in the form of a young population, Bihar has many things going for it. If Bihar desires to shed its “laggard state” tag planned urbanization needs to be given due att...

Buy Sell Rent Patna “Luxury and exclusive” are the key words for a few residential projects in Patna launched, when one crosses the railway bridge, near Gola Road area. Good for the area of Gola Road ; it helps it to develop into modern New part of Patna .  The main focus of these projects is DESIGN and modern amenities. To enhance the design aspect world renowned, Hafeez contractor, has been engaged in projects by Singh Engicon and Expression Buildtech . It is good news for Patna property that the structures are getting due attention from Design point.  But to make a significant difference and change the residential projects game in Patna , a lot more than that would be needed. Design alone is not sustainable from a very long term perspective. The determination to achieve excellence is the first step but what a 200 apartments exclusive and luxury residential project in Patna like Expression Exotica Patna still lacks is a 360 degree approach of all stakehol...

Whenever you think to buy property in Patna , first thing that comes in your mind is the deal reliability. As you are going to put all the hard earned money of your life in it, therefore before buying property in Patna you should consider all the things related to it. Everyone’s main concern is to ensure that they only get the best property deal otherwise it is wrong investment in Patna . Planning & research Before buying property in Patna the most important factor to consider is the purpose of buying property in Patna ; whether for residential, commercial, long term investment in Patna or short term investment in Patna . The first step after deciding the motive is to do your research. As without the complete research you can’t understand the present scenario of real estate Patna and you won’t get the best deal. So do your thorough research. You can also take help of any real estate agent in Patna which will serve your purpose better. Expenditure including hidd...