REAL ESTATE PATNA

Buy sell rent Patna While the spotlight so far has been on the rupee and the equity markets in Newspapers and media in general,   real estate   prices in Patna have started to bear the impact as well. Patna as surveyed by the National Housing Bank (NHB),  saw a drop in property prices during the April-June quarter of 2013, compared to the first quarter of this calendar year. All-round squeezes in liquidity and dearth of buyers have led to a fall in property prices in Patna .   Developers in Patna who were holding on to their prices despite sluggishness in demand have blinked first. Yet many experts   feel that there is more to come.   It seems that the endgame of speculation in Patna real estate has begun. A multitude of factors are converging after a decade, setting the stage for a deep correction in real estate in Patna . The story in real estate Patna has all the ingredients of a making of a   bubble.  Real estate price...

Buy Sell Rent Patna “The Patna Real Estate market has not even reached 20% of its potential. Any investment in real estate in Patna is bound to be profitable!" This statement clearly summed up the Patna Real Estate market in last ten years. Going by the recent trends in the Patna property market , it's for the first time in last ten years that we are currently facing a consolidation or even correction in some areas of Patna real estate, especially commercial space. We need to realize that a slow down or a breather was in demand for a fast growing property prices in Patna . After a lull of at most three years once again Patna real estate will embark its growing trajectory in the next 10 years.   In fact for the investors in property market of Patna ; the mantra is that this is the time to go shopping for property in Patna ; as the market has started firming up or correcting already. As the organized Real estate market develops in Patna , real estate as an i...

Patna is fast becoming a hub of industrial activities, high rises, residential complexes, malls and huge commercial complexes, which are gradually but steadily transforming the skyline of Patna . If you are commuting on the busy and packed streets of Patna , you will come across brightly colored cranes, rubble, construction and hordes of workers scurrying up and down the new constructions of flyovers or buildings. This surely urges you to contemplate on the explosion of real estate sector in Patna . Is it a mirage? How real is the influx of investments by speculative and long-term profit makers in real estate Patna ? Are the commitments by over sized private equity firms, overseas investors and domestic financial institutions adding to the hype and frenzy created in the concrete world of real estate in Patna ? Astute watchers in the property sector in Patna feel that the bubble is not as big as it seems. According to prominent investors in Patna , brokerage...

Malls in Patna; A Vision At the outset, malls were thought to be the drivers of growth for the retail and entertainment sector in India and therefore Patna too. However, factors such as bad location, poor planning and lack of maintenance and absence of leased models in mall space have given a setback to this business across our country and Patna too. In metro cities, shopping malls have received a good response comparatively. On the other hand, Tier II and Tier III cities like Patna are witnessing huge empty space in malls, in smaller towns; over a third of the space is unoccupied in 2013, as against just 7 per cent in 2007.   Analysts say 80 percent of India ’s 255 malls are failing. Reports suggest that about US$4.2 billion has been spent to build these approximately 255 malls, of which about 65 percent are in Delhi/NCR and Mumbai.   Other challenges to tide over include high rentals, overall slowdown, issues wi...

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 ...

To make a significant difference and change in the upcoming housing projects in Patna , a lot more than just design is required by the developers and builders in Patna . That extra something is, time, local know-how and the want to achieve excellence. The idea is to build a project where Patna housing standards get bench marked. At least if people have money to pay, they should get the real estate for their money’s worth. This kind of real estate and commitment in Patna is required to change the trend in residential real estate market of Patna . Not just Patna but all of Bihar is going to benefit from this shift in thought and delivery.   With shady land acquisition cases, extremely high land and property prices in Patna and a general lack of civic sense in Bihar , most commercial office buildings are in a bad state in Patna . The construction is okay but there are problems with the design and more importantly the upkeep of these commercial properties in Patna...

Buy Sell Rent Patna Japan saw the mother of all real estate bubbles in the 1980s. Banks were falling over one another to give out loans and home and land prices reached astonishingly high levels. As prices kept going up, the Japanese started to believe that the real estate boom will carry on endlessly. In fact such was the confidence in the boom that Japanese banks and financial institutions started 100 years home loans and people lapped it. Things started to change in late 1989, once the Bank of Japan, the Japanese central bank, started to raise interest rates to deflate the bubble. Land prices started to come down and there has been very little recovery till date, more than two decades later. Since the 1989 peak…land prices have fallen by 60 percent in Japan . Every bull market has a theory behind it. Real estate bull markets whenever and wherever they happen, are typically built around one theory or myth. Huge increases in real estate prices are built around “ the ...