REAL ESTATE PATNA

Buy Sell Rent Patna When new professionals move to Patna, they will boost the demand for new housing units and also drive rental demand in Patna, motivating investors to bring their money to the market and keep the momentum going. The Patna real estate will thus grow. Therefore the question is how new professionals will come to Patna. Let us invert the model. The new Bihari professionals in any part of the globe will like to have a stake in Patna real estate. This seems more likely in next five years!! Patna real estate will have to deliver to non- resident Biharis (NRBs) in a large way in coming years to thrive and grow. Today’s Patna offers nothing for professionals to move in to the city in large numbers, therefore the real estate need to focus to attract their money rather them to Patna and then they might follow. First thing first, The CEO of www.buysellrentpatna.in , Rakesh Ranjan feels that there is a lot of negative perception in the Patna realty market which is affec...

Buy Sell Rent Patna Although Patna’s realty market has seen consistent appreciation in the last decade, there have, at all times been areas that have exceeded the average capital value appreciation rate due to reasons like infrastructure development, supply and absorption, the arrival of new schools, hospitals and offices or their proximity to Patna’s central business hub. Four such emerging pockets in Patna real estate are: AIIMS - NAUBATPUR The development of AIIMS in Phulwarisharif is the main driver and NH 98 to Chirora and Naubatbur is emerging where land banks are being created. A number of developers are plotting. A part from these a number of foundations for townships and enclaves are being laid down. The area is forging ahead due to increased connectivity. Elevated road from AIIMS to Digha in addition to the highways projects crossing by the area. The development of AIIMS has given a strong boost to employment opportunities in the sub-market of Phulwa...

www.buysellrentpatna.in www.buysellrentpatna.in is Patna’s own online real estate platform. One can explore all types of property in Patna on our hyper local real estate website. We not only surgically verify each listing that one sees on our website but also carry a due diligence of the property. It helps buyers and sellers in Patna to experience hassle free transaction, from choosing to registration of the dream property in Patna. Led by the thought that “real estate is local” we aim to build dedicated websites for many more cities/town of eastern India. We are present in Bhagalpur, Ranchi and Dhanbad and expanding…. “Forever new horizons” is the mantra we live by at www.buysellrentpatna.in and we combine virtual with real; the internet and the ground realities; being local and a part apart of Patna and cities like it. As Patna makes its way to become one of the fastest growing cities, www.buysellrentpatna.in, conceptualized by level headed simple innovators and belie...

Information technology  has changed the way people live in 21 st  century. In the state capital  Patna , the use of IT is increasing day by day. However if we compare it with the National average; it’s far behind the metros and cities like Pune, Hyderabad, Bhuvneshwar etc.   The irony is that our state missed the IT wave completely from 1990-2013; to say the least. One major reason was the apathy by the state government regarding this field and secondly the low quality of IT education in the state. IT and large number of educational hubs have gone hand in hand in our country’s progress in the Information Technology world. The lucky  Bihari  students who were able to migrate to other destinations of education have reaped its benefit. The southern India has led the IT revolution. It seems after the IT bust around the turn of century and the economic meltdown during the last five year the IT sector has undergone consolidation and seems to ride another gr...

Infrastructure development has a significant impact on the property buying decision in Patna as well as any other part of the world. Whether a first time home buyer or a seasoned investor, all of us look for the growth in values of our property in Patna ; we know that infrastructure development is a booster dose for realty values in Patna.  One of the greater catalysts is transportation infrastructure. It has historically proven to have a positive impact on realty values in a city like Patna – residential and commercial properties in Patna located close to transportation infrastructure tend to command a premium. Independent analyses of pricing in many cities in India reveal that proximity to a metro station can single-handedly account for a 22% variation in land values, the other factors being location, distance of the land from the central point and income groups; we quote this as METRO is going to run in Patna in near future. It is also observed that average areas gai...

BUY PROPERTY IN PATNA For the Patna real estate market , 2015 festive season will be action-packed. The combination of festivals and state elections will ensure that there is a lot at stake in Patna property market . The overall Bihar economy represents a tale of two fronts promising great plans for Bihar’s future. Both the packages as announced by CM & PM will bring in “ अच्छे  दिन  ” for us, if implemented after the elections. After poll Bihar requires a stable government for the real estate Patna to get back its glory after two and half years of gloom that resulted in poorer business confidence. The overall sentiment needs to be rehabilitated explicitly with the formation of new stable Government in Bihar this festive season. A slew of measures for real estate in Bihar is required by the new government. It is high time that the real estate is given much importance in Budget of the state. Bihar cannot miss the urbanization train which is a must for agricul...

www.buysellrentpatna.in The retrospection is over. The new master Plan for Patna is ready. The guide to urbanization of Patna till 2031 will be unveiled mid August 2015. After a gap of almost two and half years the Patna realty market can dream further. Elevated lifestyle and options will mark the real estate development in coming years. Patnaites envisage a city which engulfs a modern lifestyle. One word, that will differentiate Patna real estate after and before the master plan 2031 is; Quality. One can already witness advertisements by developers in Patna promising certain specified percentage of green areas. That is New and welcoming.  The developers and customers will focus on “Lifestyle”. The demand has built up in last two years of pause. The other day one client of ours who is looking for an apartment for her parents desired for a “lifestyle” for her parents who are retired. She wanted space for them to walk, community center, daily groceries, exercis...