REAL ESTATE PATNA

In what may come as a sentiment dampener for fence sitters, home prices are unlikely to come down in the near future as the Patna real estate market is already at its lowest point as far as prices matter.   “Prices have either seen marginal increment or have actually being at the same level since last year, shows a latest Patna real estate price trend report by www.buysellrentpatna.in. The report further says that there has been an implicit price correction as on average, properties in Patna today cost the same as two years earlier.  The capital values therefore have stagnated in Patna reality market and the inflation is negated.  The central Patna has witnessed the largest drop in prices of around 15% over the last two years. Areas like Sampatchak seemed to have seen a double digit growth of 12%, but the increment is nullified, after adjustment for inflation. Kankarbagh and Rajendra Nagar have registered a price increase of 7.6%. Boring road and the adjo...

Property management in Patna With the growth of the Patna real estate market over the past decade; Patna property will shift its focus to Quality along with Quantity. The increased focus on the quality of buildings in Patna by buyers and sellers both in residential and commercial categories will result Property Management in Patna to play a vastly amplified role in the immediate and long-term future in Patna real estate market. Builders in Patna and as well as real estate companies in Patna will understand and accept, sooner the better,  that professional management of a property in Patna will result in very significant cost savings, increased customer satisfaction via improved environment, and better safety levels. Outsourcing Property Management services in Patna will enable builders in Patna to concentrate on their core business and leverage the expertise of specialized service providers. Builders in Patna will have to engage the services of Internat...