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Group Buying in Patna Real Estate: Everybody Wins



Group buying works in Patna. In group buying groups of buyers approach developers in Patna either directly or through agent representation to negotiate scale-based bargains which would be impossible for individual home buyers in Patna to achieve. It is an interesting new trend that is garnering attention from everyone who has any stake in the Patna real estate market.


For Buyers in Patna
Property buyers have been waiting for real estate prices in Patna to come down for quite some time now, and the fact that it is now a buyer’s market is ensuring that developers in Patna offer better deals, bigger discounts and a host of freebies. Groups of friends, family and colleagues or even of like-minded strangers who are interested in the same project are in a beneficial position when it comes to cumulative bargaining power.


For Developers in Patna

Group buying is beneficial for developers in Patna too, as most of the big players are sitting on huge unsold inventories. Instead of approaching individual potential buyers at huge dedicated marketing costs, it makes eminent sense for them to negotiate with groups of buyers and strike a deal that brings in substantial amounts of much-needed liquidity immediately. While selling real estate in bulk is definitely a route developers in Patna will seek to encourage and promote. 


Bulk buying of real estate is being pursued not only by buyer groups but also real estate brokerages, which represent such groups and can often negotiate the best possible deals. In fact, even fund houses looking for investments in real estate have considerable interest in this platform. It is always profitable to invest in an under construction project so as to obtain the most competitive prices and sell off these holdings at a later date for healthy profits. In other words, group buying of real estate is, in today’s market environment, a proposition where everybody wins.


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