REAL ESTATE PATNA

3 Ps OF REAL ESTATE BUSINESS IN PATNA Let’s be real right from the outset — going into real estate business for yourself isn’t always easy anywhere in the world. In Patna a town with an area of 100 odd square kms and about 20 lakhs of population and per capita income lower to India's national average and one of the lowest in the world, it gets a bit more challenging. If it were an easy thing to do then everyone would be doing it and Patna would have been a business hub. But it is not so. As business owners in Patna , we find ourselves, particularly in the early stages of a business, having to be a master juggler; in that we are managing a whole host of different tasks at seemingly the same time. It seems a lot more hustle then what can we consume. Being passionate about what you do or good at what you do isn’t enough to build a successful and profitable real estate business in and around Patna . Anyone can have a good idea but it takes someone very special to build a successf...

PATNA ’S real estate market is going through rapid transformation in last five years or so, and the credit goes largely to the demand of property buyers in Patna and infusion of fresh talent into the Patna realty market. There can be no progress without change, and it is change that the new generations of developers and builders in Patna have brought with them. They have a fresh outlook on the real estate business, and the vision and zeal of youth on their side. They come from various backgrounds - some are the scions of existing real estate business in Patna, but most of them are absolutely new to the field of real estate in Patna . This young lot of builders in Patna are changing the whole experience of service offerings for customers who want to buy land in Patna or buy a flat in Patna. In our opinion, those who have the benefit of continuing in established family businesses have had a greater advantage. They have the benefit of an existing business foundation and a loyal c...

Patna Real Estate As they say, Patna is a city of neighborhoods, and with such diversity, there’s something for everyone. As a Patna real estate consultant , in the last 8 years we’ve helped dozens of people from all walks of life in Patna  to find the right home for them in the best locality in Patna for them. While everyone’s individual needs are different, we like to provide general guidelines to our clients that will aid them in finding the home that fits their needs in future as well as present. So with that being said, here are a few basic rules to get started on your  Patna Home search . And remember, if you’ve got more questions and would like to discuss buying a property in Patna , please email us – info@buysellrentpatna.in or call @ 8002313930. If you’ve got kids and you’re looking for great schools:  We would recommend Patliputra, Rajiv Nagar or West Patna ( Raja Bazaar to Shaguna more). Even localities across By-Pass road like Ram Krishna Nagar...

Real Estate Agents in  Patna When you are looking to buy or sell a home/Apartment/land/property, your real estate agent in Patna needs to be on your speed dial, completely  accessible .  You want to make sure you have a good relationship with your real estate agent.  Some people don’t get lucky with the first real estate agent they pick in Patna , so here are a few signs that it’s time to look for a new real estate agent. Your Real Estate Agent in Patna is Unresponsive :   Your real estate agent should respond to your calls and emails, we mean any and every call in a timely fashion.  Your real estate agent should be in touch every single day to you in the beginning to make sure that YOU have seen the listing and approved it. An ongoing conversation with your real estate agent in Patna can be the difference between selling your house in Patna in five to seven months, and having it sit on the market for an endless wait and by that time the dy...

Patna is a thin real estate market especially when it comes to buying a house in Patna. Residential plots for sale and flats for sale are relatively easier to find for home buyers in Patna. Before one begins to search for houses for sale in Patna one needs to create a realistic list of the needs to buy a house in Patna. Looking for a home in Patna can take time; in facts sometimes more than a year; and it takes longer especially if one is not focused on what is most important in buying a house in Patna. Buy House in Patna Hunt houses in Patna with a "shopping list" in hand; it will narrow your search. One should make a “wish list" and a "must have" list and more importantly understand the difference between the two. If you do not really understand the difference between them, you might sometimes reject houses in Patna that perfectly meet your needs in search of homes that meet your wants, which in many cases can be out of your budget and unafforda...

A   survey conducted by our company   on 100 flats’ buyers in Patna found that two out of every three homebuyer   in Patna   s ank in more than 50% of his total savings into the down-payment itself for purchase of flat in Patna .  Flats as investment vehicle is never attractive in Patna as rental yields are very low in Patna and property prices in Patna are elevated in many localities. The ‘ideal flat in Patna’ should provide the convenience without the compromises, be affordable and have great resale value. Since this is an elusive dream, home-buyers in Patna should focus on one or two items on their wish-list. It is important to find a good middle-ground between utility and affordability while buying property in Patna .  For a middle class resident of Patna, AFFORDABLE means property in Patna under the Rs 50 lakhs bracket.   Because the AFFORDABILITY measure = Ratio of EMI to Monthly income. A middle class family in Patna earns arou...

Buy Land in Patna It is the rising price of land in Patna that keeps the price of real estate in Patna always increasing because the land price is the most important price factor in the real estate price in Patna. But at the same time land prices in Patna are also dependent or better say partially dependent on real estate developments in Patna. With rising real estate developments the land prices too head northwards. This very symbiotic relationship between land prices in Patna and development in Patna real estate is major cause of real estate bubbles in Patna. Yes, it is interesting to decipher whether it is high prices of houses in Patna that makes the land prices in Patna higher or is it high land prices that makes buying a house in Patna exorbitant. The price of property in Patna is made of material cost, labour cost, intangibles like location & brand, marketing and administration costs (for builders and developers in Patna), registration & stamp duty cost, tax...