REAL ESTATE PATNA

Ravi Ranjan, the Engagement Manager of www.buysellrentpatna.in says that most important aspect of the customer engagement in Patna Real estate is SITE VISIT, whether it is an under construction project, ready to move or even for residential and commercial tenancy. He adds that this is where everything is validated and the final seal on the deal is put. No doubt the other touch points both online and offline are important but the SITE VISIT sets the Final verdict. Secondly says Ranjan that in under construction projects, periodical site visits helps in keeping track of pace of development of the projects in Patna and also ensures the quality of materials used by builders in particular projects in Patna. The virtual reality through Internet is playing an important role in Real estate now. Its contribution is increasing day by day. Still, seeing is believing, holds ground. In a city like Patna, where the distances are not much, visiting sites on weekends and holidays is a norm....

Over the last decade, affordability to own properties in Patna have reduced 50 per cent, as the income growth has lagged behind the growth in property prices in Patna. Residential property in Patna currently accounts for over 85 per cent of the real estate industry in Patna and touches the lives of every one of us. Real estate as the asset class spells hope, social status and a definite return on the investment, intended or unintended. Houses are the only asset class that the consumer purchases for self-use but benefits from value appreciation. A home in Patna is a product that is continuously usable from Day 1, continues to appreciate in value and gets the buyer the status of an asset owner. However, when the user turns seller he or she is often confused as to the final value since benchmark property rates in Patna have traditionally not been available. ( See property rates inPatna). Patna holds a strong potential for residential property market growth as the...

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...

As we look at how the residential real estate market in Patna is behaving this festive season of 2015, developers in Patna and the consultants in Patna are on the same page while accepting that it continues to go through a slow time. Many developers in Patna still have their backs against the wall financially, and have been challenged to complete or show convincing progress on their under-construction projects in Patna. Unfortunately, this fact has been overly hyped by the media, and even developers in Patna who are well capitalized and fully able to complete their projects have been tarred by the negativity brush. This has resulted in a drop in overall confidence from home buyers in Patna , who are worried that they will commit their money into properties in Patna which will not be delivered on time. The National economy and therefore the state economy in an election year of state have not shown the kind of perk-up which everyone had hoped for in 2015. However, matters...

Residential properties in Patna Developers in Patna would be expecting increased traction during the festive season though, the demand in most part of the city remained lack  lustre  last year in 2014. And not to forget the state elections too will influence decision making of the home buyers in Patna . Interestingly, despite lower demand, developers in Patna do not seem to reduce their base selling prices but are offering various innovative payment plans, such as possession linked plans where one has to pay only 10 to 30% up front and the rest can be paid at the time of possession. This shows that Patna real estate market is definitely facing the heat due to unsold inventory. In the secondary market, a substantial discount is available on under-construction properties in Patna . The primary reason of this lower transaction volume is unaffordability. Residential real estate prices in Patna have traversed the affordability levels in Patna property market ...

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...

Buy Sell Rent Patna “Luxury and exclusive” are the key words for a few residential projects in Patna launched, when one crosses the railway bridge, near Gola Road area. Good for the area of Gola Road ; it helps it to develop into modern New part of Patna .  The main focus of these projects is DESIGN and modern amenities. To enhance the design aspect world renowned, Hafeez contractor, has been engaged in projects by Singh Engicon and Expression Buildtech . It is good news for Patna property that the structures are getting due attention from Design point.  But to make a significant difference and change the residential projects game in Patna , a lot more than that would be needed. Design alone is not sustainable from a very long term perspective. The determination to achieve excellence is the first step but what a 200 apartments exclusive and luxury residential project in Patna like Expression Exotica Patna still lacks is a 360 degree approach of all stakehol...

Buy Sell Rent Patna When you are setting out to purchase the home in Patna you always dreamed of and saved for, you obviously want something more than just an anonymous set of walls in a congested city centre or even on outskirts of ever growing Patna . There is a lot more to the perfect home than good construction, layout and fittings - a residential property in Patna needs supporting social and physical infrastructure to become a suitable home. In Patna , integrated townships will be seen as the answer to these requirements. However, land constraints, zoning laws and the budgetary considerations that govern property buyers in many areas of Patna , often do not make the integrated township model feasible. A more practical and feasible alternative is integrated residential projects in Patna . What are integrated residential projects? Like integrated townships, this compact and serviceable model offers home buyers everything they need for a comfortable ...

buy sell rent Patna Patna has a number of Apartments spread all across. Right on a 15ft broad road or better say lane one could find a G+3 or even G+4 structures housing about 20 families and even more. If we talk about their maintenance, you really have to listen to nightmarish tales of the residents. Lack of options, this is what made home buyers buy these residential addresses. If you think of open spaces, you are out of wits. We have talked earlier too, that this trend has been bucked in real estate Patna   now. Developers in Patna have awakened and visioning to take our city to at least nation standards in housing, if not international. Hafeez Contractor, a famous name in architecture internationally, recently in an interview to Times of India, Patna ( Feb.2013) admitted that Patna has the potential to be a world class city. He has even presented his plans to the chief minister of state.  But he did not hear about any further developmen...

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...