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Showing posts with the label plots in Patna

Residential Plots in Patna

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...