REAL ESTATE PATNA

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...

Investing in real estate is a time-honored method of achieving financial success all around the world and more so in Growing Patna currently. Throughout the ages, investment in property has helped a lot of people make a great deal of money – sometimes quickly, sometimes over the long term. Those who invest for the short term are generally known as property speculators, and they play a risky game. Long-term property investment is for forward thinkers who have an investment horizon of at least five years. The objective of a long-term property investor is to buy a property at a low price and sell it at a higher price. To be successful at this, one needs to know what is going to happen in a certain locations in Patna over the next few years. Invest in a growing location in Patna You will need to invest in a growing location in Patna , not an established one. This is especially true if you are a middle-class person living off a middle-class income. There are two reasons for ...

Buy Sell Rent Patna Most people in Patna are convinced that real estate is a great asset. More caution is in order. Real estate investment in Patna is not a guarantee of profit. Real estate in Patna is hard to be diversified, and illiquidity hampers portfolio structuring. Most important, the outlook for supply over the medium term in property in Patna implies that there is no great upside from here.   Too many intelligent people in Patna believe that one can never do wrong by investing in real estate in Patna . Some facts will help bring more sense. Consider investing in the best commercial real estate of Bombay -- Nariman Point -- in 1994. The price was Rs.35,000 per square foot. Today, almost 20 years later, the price is Rs.25,000 a square foot.   Over this period,   Nifty produced returns of 362%. Inflation ate away 272%. Net of inflation, Nifty delivered an average annual return of 1% while Nariman Point commercial real estate; one o...

Buy sell rent Patna Today, the real estate industry in Patna has become one of the major investment sectors for the residents of Bihar and NRBs (non resident Biharis). This industry is playing an important role in the formation of the Bihar ’s economy in the present economic situation. There are various developments and elevations which are taking place in the real estate sector in Patna with more number of   apartments in Patna   and owning to this, real estate is growing on a fast pace. Various factors are responsible for the growth of real estate sector in Patna . A key factor for the development of real estate in Patna is the kind of policies adopted by the state government to enable easy investments in the industrial and the economic sector in the state. In the past few years, the   government of India has adopted a new stand regarding the foreign direct investment (FDI) policies which encourages other countries to invest in Indian properties . Th...

Real Estate is all time business in Patna . As the state of Bihar is thickly crowded and is getting renowned for recent economic developments. It’s natural incontrovertible fact that if economy is growing development has got to be there. Getting property in Patna , therefore, could be a valuable business. In Bihar there’s a chance to transform the way society thinks, living and work areas. Property developers in Patna have one thing in mind currently which is to boost the living standards and constructing new buildings in Patna for commercial and residential purposes, with a vision of changing Patna to facilitate business excellence and a healthy lifestyle. Real estate in Patna has seen a respectable growth in recent years. Main reason for it’s that growing economy of the state has created a high demand for workplace buildings and residential purposes. Second there has been an amendment in the alleviation policy of the state government that has slashed the requirement for l...

Cinepolis Multiplex Patna   The slowdown in the real estate sector in Patna has cast a shadow on Bollywood as fewer multiplexes are available for distribution of films, indirectly affecting the box office collection of new releases in Patna . It indirectly also troubles the Bhojpuri filmmakers as it means less single screen space for them as Hindi movies compete with them for the single screen space in Patna’s cinema halls or Talkies . Though, most of these cinema halls in Patna are on the verge of being a part of History. Multiplexes, the one that Patna has is in P & M MALL; rake in a major share of a film's total collection and almost 90 per cent of these multiplexes are housed in malls in our country, attracting huge footfalls. With the delivery of malls across Patna being delayed by a couple of years, Bollywood lost out on additional multiplex screens which could have garnered more revenue to the industry. Growth in multiplex screens does make a significant ...

BUY SELL RENT PATNA The reasons for investment in Real Estate Patna are mostly constant, but the situation is always dynamic. The reasons for property in Patna to appreciate can be varied, we saw a great increase in property prices in Patna when the law and order situation improved in Patna in the present regime but the fact remains that development of basic amenities and infrastructure are the biggest drivers for Patna to emerge as a winner in the future and the long run.  Every city that has witnessed an interest in improving the “livability” factor of its residents has been rewarded by growth on all fronts. Patna would not skip this rule either. Satellite townships around all major metro cities are prime examples of planned and sustained growth, both for end-users and investors. There has been a clear upsurge in demand in the residential sector in Patna . The economic slowdown has brought greater rationality to real estate prices in Patna and the government has...

Buy Sell Rent Patna “Apartments in Patna to township in Patna ”.A marked change has come in new launch residential projects in Patna in 2013. Patna ’s developers and builders are launching townships and not small 20 -40 apartments in a residential project in Patna . No way, are we telling that small projects consisting of 20-40 units are not being launched in housing Patna but they are giving way to larger residential projects in Patna now. Yes, many of the projects launched in 2013 in Patna are talking to be spread in ACRES. They are townships with all the basic amenities for a quality middle class living within the campus. These amenities include about 50% open green area, children’s Park and play area, swimming pool and club, shopping complex, playschool, hospital and many more depending on project to project basis in Patna . The trend therefore is that the housing area in Patna is expanding. Naturally these bigger    residential projects in Patna are lo...

buy sell rent Patna Time was when people were unable to put their real estate assets in Patna and Bihar to better use. While some Biharis cursed the archaic provisions of the Rent Control Act, others, particularly NRBs(non resident Biharis) who are away from home town Patna for years together, could not utilize their assets to earn return on investment in Patna due to fear of not getting their real estate or property back in Patna. In a paradoxical situation, while residents in Patna are unable to get rental accommodation at affordable prices in Patna , apartments in Patna were simply locked up without letting out due to lack of professionalized organization to manage the property in Patna in the absence of owners. With Bihar and Patna on the threshold of a new era, real estate companies in Patna specializing in facility management are eyeing the potential surrounding the property management sector in Patna . Demand from local and NRB (non resident Bihari) market ...