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Showing posts with the label home buyer in Patna

What is the Size of Flat, You are Living in Patna….

Builders in Patna are used to quote the price of the apartment in terms of super built-up area , without clarifying how the super built-up area of a particular flat in Patna is calculated. Majority of builders in Patna randomly load 20-35% of net usable area of the apartment to arrive at super built-up area. The reason to charge on super built-up area, as interpreted by builders in Patna, was to cover the cost of construction of all common areas such as passages, staircases, lift shafts, lobbies and covered car parking areas. More surprising was that even civic authorities in Patna, instead of discouraging the wrongdoings by builders in Patna, supported the illogical move, as they could get higher property tax, considering super built-up area of the apartment for tax assessment. In Bihar government authorities made it mandatory to mention the super built-up area in the sale deed of apartment, in order to earn higher stamp duty and registration charges. Thanks to the re...

Buying a Home in Patna

Buy A Home In Patna   Purchase of your dream home is a lifetime decision. Even if you are an investor you do not flip properties in Patna daily, weekly or monthly. We as advisors to home buyers in Patna always tell them not to be obsessed with trying to time the Patna real estate market and figure out when is the best time to buy a home in Patna . Trying to anticipate the housing market in Patna is prophetic. We recommend to our clients that the best time to buy is when you find your perfect house and you can afford it. Real estate is cyclical, it goes up and it goes down and it goes back up again. So, if anyone is trying to wait for the perfect time, they’re probably going to miss out.   Secondly, we often tell home buyers in Patna that you are going to buy a house not date it. Buying a house based on emotions is just going to break your heart. If you fall in love with something, you might end up making some pretty bad financial decisions. There’s a big di...

Investing in property near a proposed or existing highway around Patna?

www.buysellrentpatna.in Many developers in Patna are highlighting that their residential projects in Patna are close to a major highway or expressway while marketing them. Obviously, there is a lot of notional value attached to homes which enjoy such a locational advantage. And our District Patna is getting a number of Highways built in it. The major ones are: -   1)     11.7km Khagaul-Naubatpur-Shivala-Bihta road. 2)     Patna-Buxar NH 30 route 3)     The Bihta- Sarmera state highway 78. 4)     NH 83   - Patna - Gaya- Bara -Dobhi. 5)     Digha Sonepur railway cum road bridge over Ganga However, there can be both advantages and disadvantages to buying a home in Patna which adjoins or is close to a major highway. Both should be considered before investing in a property in Patna . In our city Patna, inter-city (ARA-PATNA, JAHANABAD-PATNA, GAYA-PATNA, HAJIPUR-PATNA) connec...