REAL ESTATE PATNA

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...

Mr. Bihari is a proud Father. His only son is in USA; the land of prosperity; and is very prosperous there. He is working for one of the best consulting firms of the world and after 15 years is on a senior position. The son is well settled NRI or we should say NRB (Non Resident Bihari) drawing five figure monthly salary. The son’s only son goes to a Private school; he has bought a KOTHI in USA spread in half acres or in Bihari terms 16 katthas. (1 kattha=1361 sq.ft in Patna). Additionally Mr. Bihari and Mrs. Bihari frequently visit their son. The son too flies to Patna once in two years for a month or so. There are only two scenarios where Bihari middle class parents are really proud of their son. If they are settled in a job outside Bihar , the greater the distance of settlement from Bihar the better or the son has a Government Job. For daughters the Bihari parents in addition to these two criteria for sons have another criterion. The daughters married to these worthy types of ...

Real Estate Patna Would you like Patna to be a green city with 24×7 potable water in the taps, smooth roads devoid of potholes, lined with pedestrian and cycling tracks and efficient public transport catering to a slum-free housing stock and as clean as your home from inside? Are we dreaming! It is possible and very much possible. The new round of urbanization in India which has being initiated by the announcement of 100 new cities in India as agenda for growth can help us in Patna realize the real estate dream in Patna . Many countries around the world see the announcement of 100 new cities in India , as an opportunity to participate in this dream run for real estate . Singapore sees it as a great opportunity for it to forge partnerships with Indian cities, drawing upon Singapore ’s own lessons on building infrastructure and water issues. Is the urban development department of Bihar listening? Are they ready with plans! Singapore is ready to share what it ca...

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...