PROPERTIES FOR SALE IN PATNA


Scroll down to read about "Patna real estate cycles".

BUY PROPERTY IN PATNA
 Have you been saving to buy a flat in Patna OR a piece of land to build your independent house in Patna OR you are an investor and looking to invest in Property in Patna for ROIs OR you are looking to buy a property in Patna to earn rent; you can find all such properties for sale on Patna's no. 1 real estate portal; wwwbuysellrentpatna.in. We not only curate  flats, houses, land, offices, showroom in Patna but also verify the property physically  and legally. We understand the importance of property papers but at the same time we care for possesion and maintenance too.

BUY COMMERCIAL PROPERTY IN PATNA

BUY COMMERCIAL PROPERTY IN PATNA THROUGH THE LISTINGS ON OUR WEBSITE. WE FURTHER ASSIST YOU IN SITE VISIT OF THE COMMERCIAL PROPERTY IN PATNA AND IN ALL PAPER WORKS RELATED TO FINAL PURCHASE OF COMMERCIAL PROPERTY IN PATNA. Buy office in Patna, Buy shops in Patna, Buy showrooms in Patna, Buy Godowns/warehouses in Patna and Buy other commercial spaces in  Patna, JUST. 

 

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See commercial properties for sale in Patna, in the area of your choice and adjacent areas of Patna. Note the Real estate commercial space of your choice and 


 

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COMMERCIAL PROPERTY FOR SALE 

 


BUY FLATS IN PATNA

OUR TEAM CURATES ALL TYPES AND SIZES OF FLATS FOR SALE IN PATNA. TO MAKE YOU BUY THE BEST FLAT IN PATNA AS PER YOUR NEED AND BUDGET search and research to bring the best Flats for sale  in Patna for you to choose and make it your dream home in almost all localities of Patna. Ready to move flats, re-sale flats AND under-construction flats for sale in Patna, Just

 

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Look for propertyfor sale in Patna in the area of your choice and even nearby locations in Patna. There are many options available to buy property in Patna realty market, 

 

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FLATS FOR SALE IN PATNA

BUY LAND IN PATNA 


Land is still the best proeprty to buy  in Patna". One reason is that god has stopped making land and hence it is limited and insures best appreciation in prices in long term . Buy Land in Patna as our team brings to both residential plots in Patna as well as commercial plots in Patna plus the land for investment in Patna. . Just select the land you like by clicking 

 

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See land  for sale in Patna in your area of choice and adjacent areas of Patna. Note the property for sale  in Patna of your choice and 



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LAND FOR SALE IN PATNA




WHAT TYPE OF PROERTIES ARE AVAILABLE


FOR SALE IN PATNA ?

 

Chart of different types of properties for sale in Patna:-

Chart of Property for sale in Patna

Types of Property for sale in Patna:-



If you are planning to buy property in Patna your hard earned money needs to be put in the right property of your choice and need in Patna. Therefore before you begin to look for the property in Patna you need to know, what is on the shelf for sale in Patna real estate. Therefore we have given a chart above of different types of properties for sale in Patna property market. Hereby, we carry some explanations of what is on platter for buyers and investors to buy in Patna realty.


The two main categories in Patna realty market are RESIDENTIAL and COMMERCIAL. 


Residential Properties for sale in Patna real estate include, flats, house and land. It is clear that these are the properties used for living by individuals and families. 


Residential land are residential plots in Patna used by Patnaites to construct independent houses in Patna for their living or renting for residential puorposes. Land is the only asset that forms the base of real estate and therefore is available in all forms and categories. CLU (change of land use) is often carried out for converting agricultural land to residential or commercial land as urbanization increases. Land for sale in Patna is therefore bought as residential or commercial even institutional and land for industry. For institurional and industrial puorposes the outskirts of Patna like BIHTA, NAUBATPUR, VIKRAM etc are more popular. Land for industry in Bihta is in great demand.


The same goes for flats in Patna and houses for sale  in Patna, they too are bought for self use by the buyer or for renting the property for residential puorposes to tenants.


Flats for rent in Patna are in great demand by the tenants. 


Under flats for sale in Patna in residential categories, we can further divide flats for sale in Patna under three verticals depending on the stage of construction of the flat of and its usage. If the flats for sale in Patna is already in use and is now being sold by the owner it is called resale flat in Patna. A brand new fully complete and furnished flat for sale in Patna is called ready to move flat for sale in Patna whereas flats in  the residential projects in Patna by builders where in the construction is in progress is known as under-construction flats in Patna. The highest number of flats that sale in Patna realty market are under construction flats as they are most marketed by builders in Patna.


One more way to classify Flats for rent in Patna or Flats for sale in Patna is according to the number of bedrooms in the flat. Residential properties must have bedrooms and therefore the flats too are called as 1 BHK flats, 2 BHK flats, 3 BHK flats where B stands for bedrooms and a hall(H) and Kitchen(K) too is mandatory for residential flats for sale in Patna.  In under construction flats category 2 BHK flats are in greatest demand in Patna realty market. To buy 2 BHK flat in Patna both the investors and buyers are interested due to their affordability and ease of dispose when wants to sell 2 BHK flat in Patna. In recent times demand for 1 BHK flats in Patna too are gradually gaining momentum.


WHAT ARE THE DIFFERENT ASPECTS OF 


PROPERTIES FOR SALE  IN PATNA?


PROPERTY FOR SALE IN PATNA:- HOUSE

 

Buying a property in Patna is dream for many of us and particularly buying a house in Patna is something we Biharis think frquently.  There are many options for property buyers in Patna to choose from while buying a property in Patna. Property buyers in Patna make choices based on their budget, needs, location and quality of property for sale in Patna. To buy property in Patna like house we need to do ample search and research before we zero in on any house to buy in Patna. Property owners sale their property especially in need in our Patna. Nowadays old age, specially single owners whose children declare that they will not come back to Patna ever, too are forced to sell their property in Patna and move out of Patna with their children. Therefore depending on the situation the prices of property for sale in Patna like house may vary by 10 to 15% in similar location and quality. 


Properties for sale in Patna which are older than 20 years in Patna require good inspection from the point of view of re-innovation and maintenance required on the proerty one is buying in Patna. These are additional costs that buying an old property will add to buyer's budget. 


One other important aspect to see and ask from seller of property in Patna is Encumberance Cerificate for the property. It clarifies to the buyer that no loan is due on property and the title of property in Patna is clear.


Luckily quality of construction as far as structure is concerned is good in Patna for house for sale in Patna because we Patnaites put our best in our house but design may be an issue. Therefore prior to buying a proerty in Patna especially a house re-design must be really well thought about. 

PROERTY FOR SALE IN PATNA:- LAND.



Land is equivalent to gold as asset class for we Biharis. We, Biharis, only want to accumulate it and never sell it. Land is an asset which we want to pass to our next generation. The inherited land too is kept to be passed over to next generation rather than using it for consumption. This very social pattern of accumulation and passing over of land property in Bihari families rises the prices of all properties for sale in Patna, Bihar. 


Independence is one another attribute in living that we Biharis cherish; may be due to our roots in villages. Openess or space and closeness at same time is close to our hearts. To buy land in Patna brings us closer to this inner feeling. Most of us have land in our native villages in Bihar but to have one in Patna to build that house of our dreams is cherised by we Biharis. Secondly it enhances our social status in our villages if we have bought a land or built a house in Patna.


Property for sale in Patna


5000+ Properties for sale are there in Patna real estate market anytime. 70% of property for sale in Patna is residential properties for sale in Patna. Rest 30% property for sale in Patna include commercial properties for sale like offices for sale in Patna, shops and showrooms for sale, warehouses for sale in Patna, commercial plots and land for investment for real estate investors in Patna.

 

Residential property in Patna includes flats for sale in Patna as well as residential plots for sale in Patna. To buy Patna properties, home buyers in Patna largely trust a known source such as family and friends or references from social circles. With Patna growing as city and the modern lifestyle straining Patnaites for time, Patnaites have started looking property for sale on internet and contacting real estate agents to know about properties for sale in Patna.

 

To buy property in Patna, property buyers have a number of channels to choose from. Most property buyers in Patna try multiple channels to get the best property for sale in Patna real estate market.

 

The objectives to buy property in Patna also vary.  Patna real estate is largely an end user market in the last four years but investors flock towards land as investment in Patna property market. To buy property in Patna to earn rental income is also surfacing especially in commercial properties in Patna. With malls and corporate parks coming up in Patna like City center mall, P&M mall and Sai corporate park. There are many more such facilities coming in western Patna around Saguna Mor. The increasing number of options to buy property in Patna compels property buyers in Patna to seek expert advice. An open source of expert advice for Patna real estate is Patna’s local real estate website www.buysellrentpatna.in.

 

On www.buysellrentpatna.in one can look at several options for property for sale in Patna. Not only the about property for sale in Patna is 


available but prevailing property rates in Patna and other related queries could be answered. Being local 


website, it can dive deep to get best property to buy in Patna for home buyers in Patna. One can read a 


number of real estate articles on Patna real estate on local real estate website to know about latest trends 


and options to buy property in  Patna. It helps in making better decisions.



REAL ESTATE CYCLES IN PATNA REAL ESTATE


(BUY PROPERTY IN PATNA IN 2020-2021)


WHY BUY PROPERTY IN PATNA ....now ???


"Real Estate is cyclic and so is Patna real estate."  As Patna is a thin property market and user dominated market many would argue that real estate cycles do not really matter in such thin market as Partna. Secondly,  lack of data curtails one to carry any empirical study on Patna real estate market cycles. 


Anyways with scattered Data only, our team at www.buysellrentpatna.in, has tried to study real estate developments in Patna Post "Gandhi Setu" till 2018. A period of 35 years and we find evidence of  small cycles in Patna real estate. Our team has tried to look into the  social, political and economic factors behind the development of these real estate "troughs" and "crests". Our study in fact shows Patna real estate touching the low of its cyclic trough in 2019-20 and would start moving upwards afterwards. In fact it is the right time to "buy property in Patna real estate".


The first boom or introduction of "modern real estate " occured in the period between 1987-94. Apartments started mushrooming in centtral Patna. Land prices grew as demand surged to new levels. The main reason for the first up-move in Patna Property was construction of Gandhi Setu, making Patna more accesible to people from all around Bihar. We  have taken this period as benchmark and calculated all future developments based on the period from 1987-94 in Patna real estate. As you can see in the graph below 1987-94 period is marked at "100" as we consider it the first touch of modern real estate in Patna.

PATNA REAL ESTATE CYCLES

Decline in Patna real estate From 1995 till 2005


As  the graph by the side clearly shows, no body wanted to buy property in Patna between 1995-2004. More than economics it was the social and  political factors behind this downturn. Unfortunately due to real estate downturn in this period we missed  IT bandwagon which started all over India during this period and other cities like Banglore, Gurgaon, Hyderabad, Noida grew. Even Bhuvneshwar caught the IT wave but Patna is still away from it.



Growth in Patna real estate From 2006 till 2011


Bihar from 2006-11 saw its first major period of development after a long time. It also coincided with  the growth in national economy and real estate was top beneficiary. Shackles were broken, money came in, law and order improved, bihar and Patna real estate took giant strides.



Decline sets in Patna real estate From 2012


The need turned into greed and Patna real estate started showing a number of anamolies. Builders were not respecting building by-laws. Illegal structures were erected. False promises were made to customers and quality in construction were compromised. Government of state intervened and started working on new building by-laws in a New city plan for Patna.  Permission for new projects were stopped till new laws were passed. Many cases were lodged against defaulters. Ast the same time our National real estate too was slowing down and bigger real estate markets like Mumbai and  Delhi NCR were showing cracks. The trust factor was lost and real estate buyers stopped there buying plans. One bad news after another followed for real estate. New regulations like RERA and GST were made. Their understanding and implementation stalled many projects in Patna. 


The good news is that things have settled. Builders and buyers are coming to terms to new environment. In Patna real estate new projects are being launched and customers have started querying. Therefore, we feel Patna property market will be out of the downturn by end of 2020 and will embark a new up-trend since 2021.  


We emphasize that buy property in Patna now to avail best property prices in Patna.


Some featured properties for sale in Patna

2.56 acres of land for sale in Digha behind Polson Dairy.


2 Katthas of commercial land for sale on Main Nala Road.

 

RESIDENTIAL PLOT FOR SALE IN EAST GOLA ROAD 1.5 KATTHAS

 

13 katthas land for sale near IIT Bihta on LAI Road.

 

PRIME RESIDENTIAL PLOT of 4 katthas FOR SALE IN Patliputra Colony.

 

7 Katthas land for sale on 4 Lane

 

17 Katthas land for sale in Shiwala

3 BHK FLATS FOR RE-SALE IN KANKARBAGH.

 

 

2 BHK & 3 BHK NEW FLATS FOR SALE IN BEUR.

 

3 BHK RE SALE FLAT IN BORING ROAD.


HOUSE FOR SALE IN MITHLA COLONY, NASRIGANJ.

 

 

HOUSE FOR SALE IN GOLA ROAD