Patna Property

Patna Property


Patna built on the ancient ruins of Patliputra has reemerged as a prominent city. Patna property market has flourished as the leading builders in India are venturing big time into large-scale development of residential and commercial properties in Patna. The entire skyline of Patna Real estate market is undergoing a makeover into a modern housing and commercial property market. A growth in property investment in Patna has been registered from both the housing companies and building contractors in Patna as well as major property investors and buyers.

As this capital city of Bihar has become the focus point of the potential real estate radar, a huge influx of FDI in the Patna property market can be seen. The NRI real estate investments are also directed towards this city of Bihar as the natural reserves of Bihar and the potential of the ongoing real estate development projects form a lucrative picture. Properties in Patna have already fetched considerable capital returns in the past 2 years. All commercial retail, corporate offices and residential housing properties have materialized into most favorable investments.
Residential Properties in Patna:


Patna residential property market had earlier witnessed a period of stagnation as there was an ongoing standstill in the housing projects in Patna. Despite of increased demands for decent housing and dwelling units for all sects of the society, efforts by Patna Regional Development Authority were falling short. The other factors affecting Patna real estate were the worsening law and order situation and bifurcating of land bank into formation of Jharkhand State . As the Ruling Government changed in late 2005, the situation improved and gates were opened for private developers to step and add to the workforce for development of housing spaces in Patna. Toady the major residential colonies in Patna are Buddha Colony, and the entire stretch from Saguna More to Bihta and Danapur Railway Colony.
Commercial Property in Patna:


Commercial Property market in Patna has been totally gripped with the mall culture, business technology parks and sprawling multiplexes. Old shopping hubs of Patna including Lalji Market, Hathwa Market, Heera Place and Kurji Market have seen a metamorphosis as the retailers and shoppers are welcoming glitzy shopping malls, super market stores, multiplexes etc. with all leading retail chains and mega brands making their foray into the Patna real estate market. The plundering of top real estate builders & developers into the construction of business technology parks, office complexes and entertainment hubs will expand the opportunities of property investment in Patna.

To buy any property in Patna, it is advisable to visit the office of any of the local property dealers or real estate agents in Patna . As they are the best guides to the ongoing property rates and prices and the available sale, purchase or rental properties in Patna. Just browse through our website to get detailed info on all real estate services and everything related to housing in Patna.