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Showing posts with the label residential property in Patna

THE DNA OF PROPERTY BUYERS IN PATNA REALTY MARKET.

"नहीं, भइया बोले की रेट फ्लैट का ज्यादा है ! आठ साल से भईया हमारे इसी इलाके मैं रहते हैं !! आला अधिकारी हैं गवर्नमेंट में ; सारी जानकारी रखते हैं। ......  Property buyers in Patna evaluate a lot of things before taking a plunge; and we respect the time and effort that they take in taking the LIFETIME decision. In addition to serving the basic need of access to a decent accommodation, many property buyers in Patna also evaluate the economic benefits (such as saving on rent and capital gains) a property in Patna would deliver. Thus, while property purchase decision may or may not be out of necessity, the financial aspect is largely the driving factor behind a property purchase decision. Other important consideration of home buyers in Patna apart from financial is the number of their relatives or friends or in local parlance; परिचित in that particular location.  We, Biharis are really social, though it is reducing with time and nuclearisation of our families. ...

Home prices in Patna unlikely to come down, market already at its lowest.

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...

Residential Buying in Patna Real Estate Market – Next Six Months

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 ...

Integrated residences will be the new real estate mantra in Patna.

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 ...