REAL ESTATE PATNA

www.buysellrentpatna.in The retrospection is over. The new master Plan for Patna is ready. The guide to urbanization of Patna till 2031 will be unveiled mid August 2015. After a gap of almost two and half years the Patna realty market can dream further. Elevated lifestyle and options will mark the real estate development in coming years. Patnaites envisage a city which engulfs a modern lifestyle. One word, that will differentiate Patna real estate after and before the master plan 2031 is; Quality. One can already witness advertisements by developers in Patna promising certain specified percentage of green areas. That is New and welcoming.  The developers and customers will focus on “Lifestyle”. The demand has built up in last two years of pause. The other day one client of ours who is looking for an apartment for her parents desired for a “lifestyle” for her parents who are retired. She wanted space for them to walk, community center, daily groceries, exercis...

Build A home in Patna Buying a plot in any part of Patna is challenging unless one has sound financial backing for initial investment in land in Patna . Banks do offer a loan for the purchase of a plot and even for construction. The intricacies of the land deals in Patna require that the buyer be cash rich. On the other hand, in case of buying flats in Patna , loans are easier to avail, albeit, at similar interest rates. Secondly, building one’s own house on a plot in Patna can be a challenge since one has to constantly monitor the construction activities, right from meeting with architects to ensuring raw materials are used correctly. Also, a common problem faced by most first time home builders in Patna is the tendency to stretch the budget while constructing the house, resulting in overspending. With flats, a definite rate has to be paid to the builder; and apart from the house and registration costs, the buyer only has to spend on getting the interiors done. Wh...