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...

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...

After 31 July 2017, if an ongoing residential project or a new project that is more than 500 sq. meter or has more than eight apartments, wants to advertise or sell its units, it has to get registered with the real estate regulator of that state or union territory; as per the RERA ACT. How many projects are going on in Patna? Who are the builders? What is the status of construction? Time till completion!!! Home buyers in Patna have always been curious about these issues!!! Now they have a platform; RERA BIHAR website to look into these anxieties. BIHAR RERA WEBSITE Developers and builders in Patna just do not have to register themselves with RERA BIHAR but have to give all the details related to the project, to be put up on the regulator’s website for the public to see.   Now if anyone is planning to buy a property in Patna, Bihar most of the questions can be answered on this website, though at the time of writing the website needs a lot of updation and validation,...

"नहीं, भइया बोले की रेट फ्लैट का ज्यादा है ! आठ साल से भईया हमारे इसी इलाके मैं रहते हैं !! आला अधिकारी हैं गवर्नमेंट में ; सारी जानकारी रखते हैं। ......  Property buyers in Patna evaluate a lot of things before taking a plunge; and we respect the time and effort that they take in taking the LIFETIME decision. In addition to serving the basic need of access to a decent accommodation, many property buyers in Patna also evaluate the economic benefits (such as saving on rent and capital gains) a property in Patna would deliver. Thus, while property purchase decision may or may not be out of necessity, the financial aspect is largely the driving factor behind a property purchase decision. Other important consideration of home buyers in Patna apart from financial is the number of their relatives or friends or in local parlance; परिचित in that particular location.  We, Biharis are really social, though it is reducing with time and nuclearisation of our families. ...

Water Park at SAMPATCHAK What is it about Sampatchak that is attracting a breed of   Patna ’s developers to launch projects there? Not to many years ago, all it stood for was greenery and relatively pollution-free environment and large tract of agricultural land. Today, it is the most important hub of high-end schools coming up in Patna . The latest addition is SRIRAM School , Patna ; in the long list of already existing schools of International quality in Sampatchak locality.  Actually, there's no real mystery here. Sampatchak is tantalizingly close to NH-83 and NH-82. Both these Highways are getting upgraded to four lanes. The schools on the other hand have always played a major role in Patna ’s real estate   development historically. The western part of Patna ; Shaguna More, Gola Road and Khagaul are examples to be noticed. It seems Sampatchak will follow the same course. Yes, with prices below Rs.3500/- per square feet, the area seems to be investor...

Affordable Housing for investment in Patna The high Court intervention in large number of illegal constructions in Patna and careless attitude of Patna Nagar Nigam in passing the building maps has raised many questions about the inside reality of real estate sector in Patna . It has highlighted the nexus between politicians, builders and bureaucrats. It has also highlighted the urgency of regulation to safeguard interest of common people and investment risks in a real estate in Patna as an asset class. In this article the focus is on investment in real estate in Patna as an asset class. In Patna most of the people consider the real estate investment particularly in residential premises as safe investment with potential of high reward which may not hold true now. The reason why people bet more on this sector is availability of easy loans in recent times and tax benefits available on such home loans. Another major reason is involvement of black money which makes this sector m...

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...

Has Anna Hazare’s so-called anti-corruption crusade got any impact on the real estate Patna ? Well, the question may seem to be borne out of cynicism, but wait. There is an impact, both in the short term as well as long term. A section of the real estate developers in Patna have already announced their pledge to not to pay any bribe to the government officials for getting their projects’ mandatory clearances in Patna . However, this sudden spurt of morality is a doubtful starter and privately many of the developers in Patna admit it is just the PR gimmick to make sure the sector is not seen as corrupt as the collective consciousness believes it to be. The gathering storm of the Anna Hazare movement against corruption may hurt the real estate developers in Patna the most in the long run. Real estate in Patna is the most corruption-prone sector of them all, with politicians, builders, and criminals involved in the ownership, development and manipulation of realty supply. Any ef...

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...

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...