REAL ESTATE PATNA

www.buysellrentpatna.in Owning a home is one dream that many of us share in Patna, and our lives revolve around the ‘hope’ that someday this dream will be fulfilled and we will move into a new apartment in Patna with our family and start a new life. However, not many of us have foreseen the ‘life’ in that new house in Patna. Will everything continue to remain same after moving into a new apartment in Patna? Or, will a new apartment bring in more happiness, love and prosperity? Vastu Shastra which is catching up in our city Patna too, has some arrows in its bow to serve us in deciding our dream home in Patna . While selecting a new home; apartment or flat; in  Patna , we must ensure that its purpose, which is to provide love, happiness, safety, growth and prosperity, is fulfilled. Vastu Shastra is basically to help us achieve the purpose for which we buy our  apartment in  Patna . Everybody going to buy a new house or flat/apartment in Patna seeks Vastu a...

Patna City's Map In a real estate correction globally and therefore our city Patna is not an exception to this universal phenomenon, a property market changes from a sellers' market to a buyers' market. Demand for homes decreases and the value of one's property goes down. Every kind of property owner - be it end user or investor - worries about the property market going down and prices 'correcting'. The word 'correction' in itself implies that there is something wrong which needs to corrected. The prices need to come to a fair valuation; they take a breather before starting the journey again. In the first place, real estate corrections do not happen on a national, state or even city level. It means that the whole world or country or even a city like Patna would not be completely engulfed by property price correction in one go. If and when they occur, they occur in areas of cities where there are a lot of apartments which are pric...

www.buysellrentpatna.in What makes you enter the real estate business in Patna ? Flexible hours, high earnings potential and getting out from behind a desk make a career in real estate in Patna enticing, but the reality is that it is a highly competitive, ruthless field and very much a sink or swim business. It is still not a very respectable profession; yet in evolving social circles of Patna ; until and unless you have made it big. The BIG too is limited; if compared to global standards or even country’s standard. It feels we have not really started yet in Patna . “Competition is so fierce these days in Patna in real estate business ”. The irony is that this competition is not among organized business as such but because now everyone in Patna is a real estate agent with their leads and listings. Your milkman, driver, dhobi and even your maid! Professionalism seems an alien in this sector in Patna. In this mayhem the truth remains that 20 percent people are earning 8...

T he Oxford of the East was the  title that once was used for our Patna University .This very well tell us the standard of education we had i n Patna not long ago. Then came 25 years of decline to almost zero levels. We can now talk of revival since 2005 in Education in Bihar . Therefore we are counting on the hope that we retain the title of "oxford of the east" once more. It is possible in context with Patna if the number of reputed schools, colleges and management,  engineering  and medical institutions in the city grows. No doubt the numbers are growing but there is a long way to go and the emphasis needs to be on both numbers and Quality. Apart from the real estate spaces required for the many educational institutions seeking to make an entry or to expand in Patna , this fact will also served to drive demand for residential real estate . Growing Education in Patna Many families prefer living in Patna because of the variety of schools and colleges a...

Mall in Patna of our Dream F DI in multi-brand retail will have two fold impact on the Patna 's  real estate sector. First, it will increase demand for anchor space in Patna  if the state government agree to permit foreign retailers ; secondly there is a possibility that rental expectation would be raised, as not much of quality space would be available, suitable for big-box retail. For multi-brand retail, anchor space in upcoming, under construction ; project launch stage malls in Patna , the Indian ; existing foreign companies are either in negotiation stage or signed up space at these new upcoming projects in Patna . Therefore it will put the new entrants in a tight spot, as they will have to look for only new upcoming projects going to be operational only after 3-4 years from now. In our country, per capita mall space among top 7 metro cities is presently estimated at less than a square feet, with US and; Europe average being 20-40 times of In...

Large residential projects in Patna I have often wondered why developers in Patna concentrate primarily on smaller projects. After all, doesn't it make more business sense for builders to launch large township projects? The primary reason that the builders and developers are going for small single residential project in Patna are following:- - The developer's construction costs for smaller residential property developments is much lower - They require a lot less land, and can be constructed in central areas where demand is high and we know land is really scarce in Patna . - They can benefit from whatever infrastructure already exists in the locality, so there's no need to put in much more - They can be constructed much faster and also sell much faster to a ready clientele who are looking for flats for sale in Patna . - There was demand for smaller residential projects in Patna even while the recession was on in the country. Tempting arguments ...

Even as crumbling infrastructure, government apathy and rising costs have paralyzed Patna ’s real estate sector, affordable housing – which was the flavor of the season following the slowdown in 2008 – seems to have lost its allure among developers in Patna . One way to make the segment affordable and viable in Patna is by standardizing the procedures for building affordable houses in Patna , and working on smaller projects and plots of land. Assembly line production model  The key is standardization for more productivity and efficiency on a project – pretty much like an assembly line production in the auto industry. Can we bring analogous practices in the housing industry like in the auto sector? Can we run mass housing like the auto industry? If we can, Patna will be home to more people with standard of lifestyle increasing manifold and the cost of living reducing too. Abiding by the ‘auto assembly line’ model, one needs to follow a cast-in-place te...