REAL ESTATE PATNA

Real estate Patna The world's largest democracy, India , went to the polls to elect its new government. With all phases of voting complete, and the results coming out today; there is occasion for some reflection and anticipation. Thanks to the negative economic dynamics that the country has been ailing under, every industry hopes for better times ahead. There is a sizable burden of expectations on the new government, not least of all from the real estate sector. To put it objectively, Indian real estate has been at the receiving end of step-motherly treatment on all fronts. The real estate sector is now perceived as unfriendly to both developers and buyers. Over the last few years, the real estate story has been a saga of missed opportunities, and a turnaround is definitely expected. This can only happen if the new government takes the necessary steps to make the real estate market viable for sellers and buyers again. There are a number of reforms that could co...

Has Anna Hazare’s so-called anti-corruption crusade got any impact on the real estate Patna ? Well, the question may seem to be borne out of cynicism, but wait. There is an impact, both in the short term as well as long term. A section of the real estate developers in Patna have already announced their pledge to not to pay any bribe to the government officials for getting their projects’ mandatory clearances in Patna . However, this sudden spurt of morality is a doubtful starter and privately many of the developers in Patna admit it is just the PR gimmick to make sure the sector is not seen as corrupt as the collective consciousness believes it to be. The gathering storm of the Anna Hazare movement against corruption may hurt the real estate developers in Patna the most in the long run. Real estate in Patna is the most corruption-prone sector of them all, with politicians, builders, and criminals involved in the ownership, development and manipulation of realty supply. Any ef...