REAL ESTATE PATNA

Build A home in Patna Buying a plot in any part of Patna is challenging unless one has sound financial backing for initial investment in land in Patna . Banks do offer a loan for the purchase of a plot and even for construction. The intricacies of the land deals in Patna require that the buyer be cash rich. On the other hand, in case of buying flats in Patna , loans are easier to avail, albeit, at similar interest rates. Secondly, building one’s own house on a plot in Patna can be a challenge since one has to constantly monitor the construction activities, right from meeting with architects to ensuring raw materials are used correctly. Also, a common problem faced by most first time home builders in Patna is the tendency to stretch the budget while constructing the house, resulting in overspending. With flats, a definite rate has to be paid to the builder; and apart from the house and registration costs, the buyer only has to spend on getting the interiors done. Wh...

Land For Sale in Patna Till 1980s the only way to invest in Property in Patna was buying a plot in Patna or buying a piece of land in Katthas or Bighas in Patna. The buyers mainly belonged to middle class working or business class and the sellers were largely farmers. Then came the housing co-operative era and large plots in Patna were acquired by them and then redistributed to buyers in 2 -3 kattha plots. It gave rise to 10 feet -15 feet roads in residential colonies in Patna . The gains for people who invested in plots in Patna in mid 1980s (say 1985) is in tune of thousands becoming lakhs. A plot in Patna of one kattha if was purchased for Rs.10000/-(rupees ten thousand) in 1985 by 2010 it was priced Rs.25 lakhs (rupees twenty five lakhs) in any corner of Patna . In 25 years Patnaites were able to convert Rs.10000/- to Rs.2500000/- A gain which will bring smile to anyone and everyone face. We should not forget that we are talking about an area of the world where the earnin...

Patna requires urgently, modern solid waste management system; world class power distribution establishment; 360 degree drainage and sewerage system; water supply management; roads with traffic control management and playgrounds and parks network. There are a lot of other things which are desirable but these above mentioned requirements should top the town planning manager list. The question is what already exists in a city of more than one and half million dwellers? A city , where one cannot fetch a 1000 sq feet flat in less than 30 lakhs (I know that is lowest). Can anyone justify this irony? The demand supply economists will too have hard time explaining the elasticity of Patna property market and the prevailing infrastructure. Real Estate Patna One explanation that crops up is that the lists which we floated of desirables in Patna are all in public domain and the property rates completely lie in private domain. If one buys this argument than the gap between public an...

Real Estate Patna Would you like Patna to be a green city with 24×7 potable water in the taps, smooth roads devoid of potholes, lined with pedestrian and cycling tracks and efficient public transport catering to a slum-free housing stock and as clean as your home from inside? Are we dreaming! It is possible and very much possible. The new round of urbanization in India which has being initiated by the announcement of 100 new cities in India as agenda for growth can help us in Patna realize the real estate dream in Patna . Many countries around the world see the announcement of 100 new cities in India , as an opportunity to participate in this dream run for real estate . Singapore sees it as a great opportunity for it to forge partnerships with Indian cities, drawing upon Singapore ’s own lessons on building infrastructure and water issues. Is the urban development department of Bihar listening? Are they ready with plans! Singapore is ready to share what it ca...

Luxury Apartment in Patna The question ‘does location provides you with luxury?’ is an interesting one. Is a family that lives in a compact, old, stuffy and featureless 2 BHK flat in Exhibition road , Patna living in luxury? Or would such a family live in luxury if it sold this flat in Patna and moved to a more modern, spacious, comfortable and better appointed flat in New Patna, Gola Road or Shaguna Mode ? Given the ever worsening shortage of land in the prime locations of our city, Patna ; Property prices in central areas of Patna are largely beyond affordability for most home buyers in Patna . Homes in such locations are bought by the extremely rich for the sake of address value and easy access to the business avenues, even if they lack the superior amenities of newer, more modern buildings in further-flung areas in Patna . In such cases, the luxury factor is vested almost exclusively in the snob appeal of the location in Patna .   For a family living...

                                       Luxurious Apartment in Anandpuri, Patna Sale volumes at India ’s top 25 listed real estate companies have almost halved in the last two years. According to Knight Frank sale volumes have dropped 43 percent from January 1, 2012 to December 31, 2013 thanks to buyers deferring property purchases in all pockets of our country, including Patna . Knight Frank says buyers have stayed away on account of a high interest rate regime, unaffordable realty prices and an uncertain job market. In Patna add to these, the drama that the Nagar Nigam and Patna High court played for one and half years regarding the building bye laws. The stress on builders’ balance sheet is palpable in the country. In Patna the stories of builders in Patna been wiped out and many flocking to Jharkhand, Bengal and even metros is widespread. In fact in most colonies of Patna...

http://www.buysellrentpatna.in/patna/selling-real-estate-in-patna-through-digital-marketing