Thursday, August 22, 2024

Best Real Estate Areas in Patna

 

Real estate area Patna

Patna has recently become more popular than ever among property buyers. It is currently considered the second best city in India for real estate investment. The current low prices offer opportunities for apartments and residential projects in Patna to potentially appreciate in value in the coming years. These potential price increases will benefit future property buyers. Additionally, the planned construction of a subway in the city is expected to further increase property prices. 

Some popular residential areas in Patna include areas like Kankarbagh, Boring Road, Rajendra Nagar, and Patliputra Colony, known for their amenities, accessibility, and residential comfort.

Here is the list of top 10 best areas in Patna: 1. 

Gola Road: 

Easily accessible and affordable Gola Road stands out among the various areas of Patna's real estate landscape due to its burgeoning popularity and unique offerings. In a city with diverse geographies and price ranges like Patna, Gola Road has become the most popular real estate investment area in Patna. This region is also considered as the best region in Patna due to its diverse origins and price range.

Affordability and Value Proposition 

In addition to its convenient location, affordability factors play a pivotal role in the appeal of Gola Road. The range of property prices is specifically geared towards families looking for a comfortable yet budget-friendly living space. Gola Road, one of the best localities in Patna, stands out as an accessible and attractive investment destination with great potential for price appreciation in the future. 

Community and Residential Outlook 

Moreover, Gola Road embodies a vibrant community spirit, making it an attractive and vibrant neighborhood. Residential complexes, green spaces, and various convenience facilities come together to create a foundation for a prosperous life for residents. 

Investment Potential 

Real estate investors targeting long-term profits find Gola Road attractive due to its current affordability and expected rise in real estate prices. In essence, Gola Road in Patna is not only an accessible living space but is also emerging as a promising investment hub. The mix of affordability, amenities and investment prospects makes it an attractive choice for prospective homeowners and investors alike.

2. Khagaul: Connectivity with Heritage 

Historical Significance and Modern Infrastructure 

Khagaul, formerly known as Kusumpur, boasts of a rich historical background and significant modern developments. The best areas of Patna have evolved significantly over time, offering a blend of heritage and modern facilities. 

Strategic Connectivity and Acces

Strategically connected to major roads such as Khagaul Anisabad Road and Khagaul Shiwala Bihta, Khagaul offers seamless interstate commuting options, enhancing its accessibility and attractiveness. Proximity to Patna International Airport and renowned educational institutions adds to the appeal of the area.

3. New Connectivity Hub in Anandpuri 

Connectivity and Amenities Anandpuri is an emerging district in Patna with strong connectivity through several major roads such as Ramakrishna Road, Anandpuri Path and Jaiprakash Path. Gola Road has excellent accessibility to nearby areas, which adds to its appeal as one of the best real estate investment locations in Patna. Transport and Facilities The Patna area of ​​Gola Road boasts of an excellent state-run local bus network, enhancing the transport system within the city. Anandpuri is well-equipped with reputed schools and medical facilities, meeting the needs of residents seeking accessibility to essential amenities. Investment Potential With improved infrastructure and ample amenities, Anandpuri is attracting attention as a promising investment option in the Patna real estate market. The combination of connectivity, educational institutions and healthcare facilities makes it an attractive choice for potential buyers and investors seeking value and convenience. 

4. Digha: 

Riverside charm and accessibility Residential charm and connectivity Digha, a residential area in Patna, is famous for its picturesque riverside scenery along the Ganga River, which adds to its charm. via bailey road.

5. Patliputra Colony: Established and Modern

Historical Significance and Evolution

Founded in 1954 as a housing cooperative society for Government Officials, Patliputra Colony has transitioned into a residential and business hub. Over time, it has become renowned for its well-designed residences and modern amenities, making it one of the best localities in Patna.

. Nehru Nagar: Prime Location with Varied Offerings

Location Appeal

Nehru Nagar stands as a prime location among Patna’s real estate localities due to its strategic positioning and diverse real estate options.

Sunday, August 18, 2024

10 Reasons Why One Should Invest in real estate in Patna:


 Why does Patna come into the picture? 

This is the upcoming smart city. And it is the second largest city after Kolkata. Patna is gaining traction in the e-state sector. From the Harappan civilization till now, Patna holds a special place in our hearts. Patna city ranked in 21st place among all fastest growing cities with its own economic growth in the service sector Since 2005 there are several service sectors such as IT and green revolution business.Along with being an agricultural center, it is also emerging as a center for commerce and trade. Now real estate in Patna has become a perfect choice. In terms of investment objectives. Below we will give you 15 reasons why you should buy props.

The booming real estate has made Patna and Greater Patna (Bihta) a hot investment spot. Here are the ten reasons why investing in Patna real estate is profitable:

1. One of the fastest-growing cities

Patna is one of the greatest growing cities. It ranked 21st in the world and 5th in India, with an annual growth of 3.72%. Since 2005, the city has seen unprecedented growth from the Green revolution business. Incremental growth in the service sector and the Fast-moving Consumer Goods industry contributed to its development, making it an excellent avenue for real estate investment.

2. Affordable Cost of Living with Better Opportunities 

According to the report, the average cost of living in Patna varies from 25000 to 35000 for a middle class family, making it one of the cheapest cities to live in. Patna, the largest city and capital of Bihar, offers ample employment opportunities. opportunity. This is not only the ancient city of Bihar but also the best city to live in between Muzzafarpur, Bhagalpur, Gaya and Rajgir. The city has 43.1% urbanization and 6% coverage of the main road network, making it the most desirable place to live in Bihar. 

3. Rich Heritage and Historical Monuments 

Patna is famous for its rich cultural heritage and beautiful historical buildings. Places like Golghar, Pataliputra ruins, Agam Kuan, Naghol Kothia and Padri Ki Haveli speak about the city's traditions. Places such as Harmandir Takht and Begu Hajjam Mosque showcase the city's rich cultural history. 4. Affordable Housing A variety of affordable real estate options are emerging in Greater Patna (Bihta) that offer great housing options within your budget. Nisana City Land in Bihta has many housing lots.

5. Good connectivity 

The city is well connected by road and rail. Jayprakash Narayan Airport and Gaya Airport are two international airports that offer ample connectivity across the globe. Bihta Airport is a new airport development in Patna region that offers excellent connectivity, making Bihta a great place for investment. Bihta Airport is well connected to Patna via metro. Twelve metro stations are planned to be developed between Mithapur and Danapur. 

6. High Employment Opportunities 

Bihar is considered as the hub of IT services in India. As the demand for a skilled workforce grows, states are providing high-paying jobs for those who want to work in the information technology field.

7. Attractive Return on Investment 

Real estate investment can be a profitable investment if done right. Investing in Patna can be very rewarding if you have a clear idea of ​​how to invest in real estate. Low-cost housing projects pave the way for investors with limited budgets to invest in Patna real estate. According to the report, investing in real estate for 10 years can yield an average return of 10%. 

8. Educational Facilities 

Educational facilities play an important role in attracting students to any city. Patna has some of the best educational institutions, including government institutions such as Chanakya National Law University, South Bihar, Patna Science College and Indian Institute Of Technology Patna. The city also has many CBSE affiliated schools that provide ample opportunities to children to get quality education. 

9. Declining crime rate 

According to Hindustan Times, the city is witnessing a decline in crime rate. The crime rate decreased by 5.1% compared to last year. According to another report, Patna and Coimbatore are the two cities with the lowest number of sexual assaults on women.

10. Good climatic conditions 

Like most North Indian cities, summers are hot and harsh, while winters are cold. Temperatures typically range from 49°F to 100°F without extremities, making human life in cities difficult. So overall, the city experiences moderate temperatures and residents can taste a variety of weather conditions without being at a disadvantage.

Hot location in Patna to buy

1.Danapur Khagaul 

2. Bailey Road 

3. Phulwari Sharif 

4. Digha

5. Bihta 

6. Gola Road 

7. Naubatpur 

8. Patliputra Colony

9.Ashiana Road 

10. Khagaul Road 

11. Chirora 

12. Abhimanyu Nagar

13. Nehru Nagar 

14. New A G Colony 

15. Rajendra Nagar 

16. Rukanpura

17.Raja Bazar 

18. Mithapur 

19. Jagdeo Path 

20. Kankarbagh

21. Boring Road

Plots of Patna are now very demanding for all architectural purposes. From an investment point of view, Patna is the best place to invest. It qualifies all parametres for property investment.Therefore, it is the best time to invest in the real estate sector in Patna to benefit from the expected price increase for real estate investments.

Property Rates In Patna For Real Estate Investment | Latest News & Updates


 There is nothing more profitable and satisfying than buying a flat in Patna at a price that is much lower than the market price in Patna. Additionally, our resale apartments in Patna come with tags that are fully constructed and ready for occupancy. One of the biggest advantages that Patna resale flats offer is the tax benefits after taking ownership. Now that your resale property is ready to move in, sections 80C and 24 B will apply from day one.

Farm houses are the new trend in luxury Patna real estate. Farmhouses in Patna are spread out on large tracts of land with wide front porches. These days, you can see a lot of farmhouses built on one or two floors. Over time, farmhouses began to be viewed as second homes and weekend getaways where Patnaites and their investment vehicles could make use of significant open space. 

Why Should I Invest In Property in Patna

Patna is the capital of Bihar. It is famous for its historical significance as there are many historical sites left here. For example, the well-known “Golghar” exists at Gandhi Maidan in Patna. Apart from this, there are many other things to visit in Patna, such as museums and biological parks. Cities are rich in art and culture, and this is reflected in their atmosphere. Because of all this, Patna attracts travelers from all over India. 

So, if you are planning to buy a property in Patna, the land of Buddha. great. You should invest here. Real estate prices in Patna are also reasonable and affordable. Here in Patna, there are many posh localities where you can get houses and apartments at very affordable prices.