100 Articles on Patna Real Estate

WE WRITE ON PATNA REAL ESTATE.......


In-depth research and search for property in Patna is must because home buying is once in lifetime decision for most of us. Investors looking for growth need to carry the due diligence for better returns in Patna Real Estate market. These articles will help both buyers and investors in Patna property market. Insightful reading..............

Research Team; BuySellRentPatna.

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BENAMI PROPERTY




To regulate the property market the government of India brought in Prohibition of Benami Transactions Act (2016) on 1st November 2016. The first family of Bihar is already feeling the HEAT of this act recently. It will soon affect many more in Patna if implemented and executed timely. Therefore Biharis are eager to know the details of this ACT. The Act is a step towards eradicating “Benaamdaars” from Property market and making it more professional, transparent and organized.


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2BHK Flats in Patna :- Ace Investment and Affordable Home

A typical middle class family with income around 5 lakhs rupees annually in Patna can buy a 2BHK flat in Patna,as these 2BHK flats in Patna are available at affordable prices in developing locations in Patna. Affordable here means rates of Rs.3000 per sq.ft or so. The flat would cost around Rupees 35 Lakhs or so in upcoming areas of Patna. Still with home loans as aid middle class Bihari can afford them.






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ReSale Flats In Patna




Nothing can be more profitable and even satisfying than purchasing a flat in Patna at a price much lesser than the market rate in Patna. Moreover, the resale flats in Patna are fully constructed and come with a ready-to-move-in tag. One of the biggest benefits that the resale flats in Patna provide is the tax benefit after gaining possession. Section 80C and 24 B are applicable from firdt day as resale properties are ready to move.




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BRAND IN PATNA REAL ESTATE


The results tell it clearly that there is NO BRAND in real estate Patna. 73% of Patnaites could not recall any real estate brand. The highest that any Company got was 0.014% (yes 14 people out of 1000 named this company or rather the project). The company (better say the project name is JALALPUR CITY. That’s it. Out of the 576 people asked that why they bought the flat they are living; 62% said, it was in my budget and the other 17% bought because friends or relatives were buying. When the same people were asked that why from the particular builder; 87% said that they or someone close knew the builder.


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GROWTH OF PATNA REAL ESTATE



The natural growth of Patna’s real estate development is towards the West. The older part of the Patna remains in the East. The eastern core area of Patna faces the problem of overcrowding which leads to enormous pressure on physical infrastructure and traffic congestion.The newer housing development areas in Patna lie in central and western parts. 



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