Commercial properties for sale in Patna are available only in few selected localities of Patna. The old commercial areas of Patna like Ashok Raj Path, Gandhi Maidan, Dak Bungalow, Fraser Road, S P Verma road, Exhibition Road, Nala Road, Station Road etc are so well established that commercial proproerties for sale in these locations of Patna do not hit the listings frequently. They are scarce, very high priced and in high demand.
Commercial properties for sale in Patna in Locations like Boring Road, Kankarbagh, Patliputra, Raza Bazaar, SriKrishnaPuri too are few and these areas too are becoming similar to the old established commercial localities of Patna. But still shops for sale in Patna and Offices for sale in Patna in these areas have realitively higher chances of availability.
Commercial Property for sale in Patna is in high demand and in better supply in western Patna. Saguna Mor, Gola Road and Khagaul Road are the new developing commercial hubs of Patna. Shops for sale in Patna and offices for sale in Patna are available in these areas in larger number. A number of new commercial projects too are going on in these locations of Patna.
After land commercial properties in Patna are most sought after investment destinations. Rental incomes from commercial properties in Patna, may it be office, shops or warehouses in Patna attract investors to commercial spaces in Patna. With rentals going as high as Rs. 150/sq.ft and above in certain locations like Fraser Road, Boring Road, Kankarbagh main road for ground floors showroom spaces, no doubt commercial real estate in Patna attracts investors. BTS or built to suit offers for commercial properties in Patna though new in Patna, are being offered and accepted fast in Patna commercial real estate recently. Warehouses too are also in great demand in Patna specially in By-Pass and Zero mile areas of Patna.
Among shops for sale in Patna, the highest demand is for the sizes between 250 sq.fts to 500 sq ft. This is so because later on shops and even small showrooms prefer renting this size of shops the most in Patna. Today in commercial projects anywhere in Patna, even if the project is just starting, one cannot hope for prices anything lower than Rs.15000 per sq ft. Usually the prices in ongoing commercial projects in Patna are around Rs.20000 per sq.ft. In commercial real estate the floors matter a lot, the higher the floor the lower the prices as far as shops for sale in Patna are concerned. The highest number of shops for sale in Patna are available in Saguna Mor locality, specially on Saguna- Danapur Railway Station road also called Khagaul road.
Bhawani Complex is a commercial property being constructed by Bhawani Homes on main Khagaul Road, opposite Radiant School. The price range is between Rs.12000 per sq.ft to Rs.20000 per sq.ft depending on the floor and side you are buying the commercial property. The construction is in full swing and it is very near to Vijay Singh Yadav Path and Raj Nagar making it a commercial viable option for residents of these large localities on Khagaul road.
Offices for sale in Patna are mostly available in western part of Patna in the localities like Saguna Mor and Khagaul. Few offices for sale in Patna are available also on Bailey Road and Ashiana- Digha Road. SAI CORPORATE PARK near Jagdeo Path in Patna is a landmark for modern offices in Patna as large corporate names are nested in it. A lot of similar office spaces are coming up in Patna now. Commercial office spaces for sale in Patna are usually more than a 1000 sq.ft in sizes but smaller office spaces of 150 to 300 sq fts too are available in some projects in Patna. To buy offices in Patna one needs to be ready for prices sub Rs.20000 per sq ft. Still commercially Patna is dominated by local players and very few multinationals have their corporate offices in Patna.
Commercial real estate in Patna will be the direct beneficiary if the start up trend gains momentum in the state. It is expected to benefit from the increasing number of new enterprises that are being registered every year in Bihar. These enterprises being entrepreneurial businesses may show a steady growth over the years.
Patna is rapidly urbanizing. The skylines of Patna are changing quickly with new buildings and modern architecture. Patna is metamorphosing in unprecedented ways through expansion of road networks and by numerous residential and commercial projects in Patna.
Commercial properties for sale are in high demand on Khagaul road. The road stretches from SAGUNA MOR to DANAPUR RAILWAY STATION and is almost 2.83 kms long. The road is six lanes and therefore is ideal for commercial developments in Patna. On both flanks of the Khagaul road active commercial constructions are in progress and we think that it is the right time to buy commercial property in this location of Patna.
Buy Commercial Property in KHAGAUL
Gola
Road, Patna.
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8002313930
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