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Showing posts with the label Property rates in Patna

Young Icons in Real Estate Patna

PATNA ’S real estate market is going through rapid transformation in last five years or so, and the credit goes largely to the demand of property buyers in Patna and infusion of fresh talent into the Patna realty market. There can be no progress without change, and it is change that the new generations of developers and builders in Patna have brought with them. They have a fresh outlook on the real estate business, and the vision and zeal of youth on their side. They come from various backgrounds - some are the scions of existing real estate business in Patna, but most of them are absolutely new to the field of real estate in Patna . This young lot of builders in Patna are changing the whole experience of service offerings for customers who want to buy land in Patna or buy a flat in Patna. In our opinion, those who have the benefit of continuing in established family businesses have had a greater advantage. They have the benefit of an existing business foundation and a loyal c...

What real estate Patna expects from new government

Real estate Patna The world's largest democracy, India , went to the polls to elect its new government. With all phases of voting complete, and the results coming out today; there is occasion for some reflection and anticipation. Thanks to the negative economic dynamics that the country has been ailing under, every industry hopes for better times ahead. There is a sizable burden of expectations on the new government, not least of all from the real estate sector. To put it objectively, Indian real estate has been at the receiving end of step-motherly treatment on all fronts. The real estate sector is now perceived as unfriendly to both developers and buyers. Over the last few years, the real estate story has been a saga of missed opportunities, and a turnaround is definitely expected. This can only happen if the new government takes the necessary steps to make the real estate market viable for sellers and buyers again. There are a number of reforms that could co...

Slow Economy - Advantage real estate investors in Patna

Buy Sell Rent Patna Most middle-class people in Patna have been able to continue paying their EMIs and keep their homes with themselves in Patna . This is largely due to our conservative banking system, which requires banks to do multiple checks before allowing a home loan to go through for any individual in Patna . The Indian economy has had another tough year in 2013. Inflation went as high as 7.52%, job opportunities reduced significantly across industries, the rupee saw steady erosion against the US dollar and market sentiments reached what was possibly their lowest point ever since 2008-09. And yet, things could be worse. During the depths of the US economic crisis, entire American cities turned into ghost towns. Thousands and thousands of people lost their jobs and were reduced to living in tent colonies, trailers and on the streets. Banks foreclosed countless mortgages which the borrowers could no longer afford to pay. Homes were put on the market at ridiculously...

Patna Property:- Shaguna More and Gola Road

Buy Sell Rent Patna Patna is proving to be one of the most lucrative options for property investment among Tier II cities in our country. It is scoring on the back of factors such as being the state capital of fastest growing state of the country, affordable rates, infrastructure development, good returns and several builders having projects in Patna . Experts believe that property rates in Patna are expected to rise in the future owing to the infrastructure development planned in addition to many high-rise buildings also coming up in Patna . Infrastructure projects that are likely to boost the capital values in Patna include metro rail, Road along Ganga and various National highways construction. Local realtors feel that Patna is an end-user driven market but has slowed down after last year because of sharp appreciation in the past years. With the announcement of metro rail project in Patna the area around Shaguna more and Gola Road in Patna will assume more capita...

Lessons from Japan to Patna: Busting the biggest myth of investing in real estate Patna.

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 ...

OUR DREAM HOME IN PATNA AND VASTU!!!

www.buysellrentpatna.in Owning a home is one dream that many of us share in Patna, and our lives revolve around the ‘hope’ that someday this dream will be fulfilled and we will move into a new apartment in Patna with our family and start a new life. However, not many of us have foreseen the ‘life’ in that new house in Patna. Will everything continue to remain same after moving into a new apartment in Patna? Or, will a new apartment bring in more happiness, love and prosperity? Vastu Shastra which is catching up in our city Patna too, has some arrows in its bow to serve us in deciding our dream home in Patna . While selecting a new home; apartment or flat; in  Patna , we must ensure that its purpose, which is to provide love, happiness, safety, growth and prosperity, is fulfilled. Vastu Shastra is basically to help us achieve the purpose for which we buy our  apartment in  Patna . Everybody going to buy a new house or flat/apartment in Patna seeks Vastu a...

Real Estate price correction in Patna

Patna City's Map In a real estate correction globally and therefore our city Patna is not an exception to this universal phenomenon, a property market changes from a sellers' market to a buyers' market. Demand for homes decreases and the value of one's property goes down. Every kind of property owner - be it end user or investor - worries about the property market going down and prices 'correcting'. The word 'correction' in itself implies that there is something wrong which needs to corrected. The prices need to come to a fair valuation; they take a breather before starting the journey again. In the first place, real estate corrections do not happen on a national, state or even city level. It means that the whole world or country or even a city like Patna would not be completely engulfed by property price correction in one go. If and when they occur, they occur in areas of cities where there are a lot of apartments which are pric...

Buying a resale residential property In Patna.

buysellrentpatna.in  T he primary advantage of going in for a resale flat in Patna would lie in buying a home in a strategic location where no new supply is coming in. If one has personal cash resources at one's disposal and is not reliant on a home loan (a home loan on a very old property cannot be taken for granted), buying a home in a project that is 30 years or more in age can be a good investment bet in Patna if the residential property is in a strategic, high demand location with low or no new supply. This would mean that the project would come up for redevelopment, ensuring a tidy profit to the owner. Are Resale Properties Always Cheaper? Not necessarily. In Patna , new residential property supply is scarce or non-existent in many central locations. In such areas, there would not be a question of discounts on resale properties. Discounts are more prevalent in areas where the market is more competitive. That said, resale properties are sold either by the ...