Skip to main content

Posts

Showing posts with the label Real estate Bhagalpur

The slowdown in real estate Patna is bliss for RE-SALE property market in Patna.

BUY SELL RENT The real estate of Patna has hit a road block in last two and half years. The policy and regulatory log jams seems to be never ending. No new residential or commercial projects in Patna have seen the light of the day in last two years. The main culprit for this scenario is ban on passing any design maps by the government body. The mayhem created by the stakeholders of Patna real estate has one beneficiary though. The re-sale property market is the only saving grace of Patna Real estate in last two years. The re-sale property market always exits in any real estate market side by side. It is always a shadow. What is striking in Patna Real Estate market in last two years that the Re-sale has assumed the main role. Even what is sold in Patna as new is actually the “hold-ups” by builders in Patna of the inventory in the good old days or the leftovers. The reasons are easy to guess; as no new maps have seen the light of the day therefore no new constru...

SONEPUR PROPERTY ; A VERY HIGH RISK BET

DIGHA –SONEPUR RAIL CUM ROAD Bridge The deadlines are never met in Bihar in construction of infrastructure projects and DIGHA –SONEPUR RAIL CUM ROAD Bridge has the same fate. The deadline of March 2015 will get extended for the aforesaid project for sure. The question here is not the delays but whether real estate in Sonepur and adjoining areas will get a boost once the  DIGHA –SONEPUR RAIL CUM ROAD BRIDGE is operational say even after 2 years or so. Many real estate investors have already placed the bet in this area with the hope of manifold gains and one can come across a number of projects related to residential plots on the SONEPUR side of the bridge. There is no doubt that the prices of land on Sonepur side has increased but will it transform into real estate development? Will Patna expand and engulf Sonepur as one of its satellite townships? After independence Rajendra Setu, (also known as Rajendra Pul and Mokama Bridge) across the Ganga was the first bridge t...