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...

We at BuySellRentPatna.in always find sellers in Patna, particularly those who as investor went for a property in Patna for returns, asking too high a price than the relevant market price. The non- resident Biharis too are exorbitant We do understand that with no index to guide on the market value of the properties in Patna, the seller tries his whims and luck as a strategy. The only tool available to sellers in Patna is comparative analysis in the locality. The selling price is directly proportional to appreciation in the property prices . If anyone is investing in the Patna property market for rental yield; than both residential and commercial yields are negative, until and unless you have inherited a property, which many have in Patna? Therefore it’s better to invest in Patna real estate for appreciation and only appreciation. Therefore prior to investing in a property in Patna , analyze which are the factors which help in appreciation of Property prices in Pa...

Ravi Ranjan, the Engagement Manager of www.buysellrentpatna.in says that most important aspect of the customer engagement in Patna Real estate is SITE VISIT, whether it is an under construction project, ready to move or even for residential and commercial tenancy. He adds that this is where everything is validated and the final seal on the deal is put. No doubt the other touch points both online and offline are important but the SITE VISIT sets the Final verdict. Secondly says Ranjan that in under construction projects, periodical site visits helps in keeping track of pace of development of the projects in Patna and also ensures the quality of materials used by builders in particular projects in Patna. The virtual reality through Internet is playing an important role in Real estate now. Its contribution is increasing day by day. Still, seeing is believing, holds ground. In a city like Patna, where the distances are not much, visiting sites on weekends and holidays is a norm....

In what may come as a sentiment dampener for fence sitters, home prices are unlikely to come down in the near future as the Patna real estate market is already at its lowest point as far as prices matter.   “Prices have either seen marginal increment or have actually being at the same level since last year, shows a latest Patna real estate price trend report by www.buysellrentpatna.in. The report further says that there has been an implicit price correction as on average, properties in Patna today cost the same as two years earlier.  The capital values therefore have stagnated in Patna reality market and the inflation is negated.  The central Patna has witnessed the largest drop in prices of around 15% over the last two years. Areas like Sampatchak seemed to have seen a double digit growth of 12%, but the increment is nullified, after adjustment for inflation. Kankarbagh and Rajendra Nagar have registered a price increase of 7.6%. Boring road and the adjo...

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...

Buy Sell Rent Patna Japan saw the mother of all real estate bubbles in the 1980s. Banks were falling over one another to give out loans and home and land prices reached astonishingly high levels. As prices kept going up, the Japanese started to believe that the real estate boom will carry on endlessly. In fact such was the confidence in the boom that Japanese banks and financial institutions started 100 years home loans and people lapped it. Things started to change in late 1989, once the Bank of Japan, the Japanese central bank, started to raise interest rates to deflate the bubble. Land prices started to come down and there has been very little recovery till date, more than two decades later. Since the 1989 peak…land prices have fallen by 60 percent in Japan . Every bull market has a theory behind it. Real estate bull markets whenever and wherever they happen, are typically built around one theory or myth. Huge increases in real estate prices are built around “ the ...

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 ...