REAL ESTATE PATNA

Buy Sell Rent Patna When new professionals move to Patna, they will boost the demand for new housing units and also drive rental demand in Patna, motivating investors to bring their money to the market and keep the momentum going. The Patna real estate will thus grow. Therefore the question is how new professionals will come to Patna. Let us invert the model. The new Bihari professionals in any part of the globe will like to have a stake in Patna real estate. This seems more likely in next five years!! Patna real estate will have to deliver to non- resident Biharis (NRBs) in a large way in coming years to thrive and grow. Today’s Patna offers nothing for professionals to move in to the city in large numbers, therefore the real estate need to focus to attract their money rather them to Patna and then they might follow. First thing first, The CEO of www.buysellrentpatna.in , Rakesh Ranjan feels that there is a lot of negative perception in the Patna realty market which is affec...

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...

Buy Sell Rent Patna is the town of apartments; yes we believe that if number of apartments and the area in which they are spread, means density of apartments is calculated Patna would be among national toppers.   The higher density reflects greater strain on the limited infrastructure that our city Patna offers. Patna has few roads and mainly comprises of lanes. With High rises built on these lanes, one can very well imagine the stress of traffic and parking on these lanes; not to speak about other civic amenities in a city of more than 2 million residents. We asked one of the builders in Patna why their new commercial building built near DPS More in Patna do not have ample parking spaces. The answer was amazing!!! He took a comparative stand and said that the cars are parked outside the corporate offices in Gurgaon too. Our second question was; that justifies you too building structures without ample parking lots? He replied;” it’s the norm.” He is asking for ...

Land For Sale in Patna Till 1980s the only way to invest in Property in Patna was buying a plot in Patna or buying a piece of land in Katthas or Bighas in Patna. The buyers mainly belonged to middle class working or business class and the sellers were largely farmers. Then came the housing co-operative era and large plots in Patna were acquired by them and then redistributed to buyers in 2 -3 kattha plots. It gave rise to 10 feet -15 feet roads in residential colonies in Patna . The gains for people who invested in plots in Patna in mid 1980s (say 1985) is in tune of thousands becoming lakhs. A plot in Patna of one kattha if was purchased for Rs.10000/-(rupees ten thousand) in 1985 by 2010 it was priced Rs.25 lakhs (rupees twenty five lakhs) in any corner of Patna . In 25 years Patnaites were able to convert Rs.10000/- to Rs.2500000/- A gain which will bring smile to anyone and everyone face. We should not forget that we are talking about an area of the world where the earnin...