INTRODUCTION: Patna, The capital of Bihar and the second largest city in India after Kolkata is immerging as a smart city with proper infrastructure with the development of urban areas and proper utilisation of plots in Patna. From ancient days till now Patna has occupied the place of importance for commerce and trade as the city has long been an agricultural hub and centre of trading zone. So no wonder, that to buy lands in Patna, would have resulted in a profitable and golden decision from different aspects.
REASONS TO BUY PROPERTY IN PATNA: The reason behind why anyone would invest to buy property in Patna, is not only the location of the city and connectivity with all major cities in India by roads, railways and airways, but also there are also many strong points to be highlighted and discussed before you make any decision to invest your hard earned money into the Patna property market.
- The economy of Patna is growing fast with the growth of FMCG companies.
- Patna city is a superfine blend of ancient and modern culture. Living in a city like Patna would enable anyone to experience all modern amenities along with our rich Indian traditional culture.
- Patna ranked 21st among fastest growing cities, and economic growth of the city is rising high since 2005 with service sector, IT sector and green revolution business.
- According to the World Bank survey, Patna is the second best city to start any new start- up. The GDP per capita of Patna in 2015 is 1, 06000($1,581) and the growth rate is 7.29%.
- Shortly, Patna is expected to grow as an economically stable capital as many companies intend to set up their business here.
- The proposed four-lane project and metro project in coming years would be very helpful to enhance the connectivity of the city. This project will raise the price rate of real estate in the property market in Patna city.
- The proposed airport to be set up in Bihta and the development project of NH82 and NH 83 are vital factors to invest in Real estate market in Patna as according to real estate expertise there is a high chance of getting the good return on their investment in near future.
- There are many upcoming development projects is going to be set up in the city and urban area among which the creation of AIIMS in Phulwarisharif is worth to be mentioned. On the other hand, possibilities of many industrial units in Bakhtiyarpur and other developing areas have increased the place value itself.
- The National Housing Bank or NHB has published a residential index that shows that in comparison with other big cities like Ahmadabad, Meerut, Bhopal, the reside is still low in Patna which means the property price in this city is low. So this is a great opportunity for those who want to invest in plots in Patna.
HOW CAN YOU INVEST IN REAL ESTATE IN PATNA?
Before investing your money into real estate property, you should consider some common but essential facts. Such facts are location, real estate developers and their ongoing projects, connectivity of the area, to know the fees and charges, accessibility to highways, etc. apart from this you should make sure whether there are any hidden changes or not. You can easily depend on trustable developers who will ensure the above facts. So the first and foremost job is to find out a well known reliable developer who has been working in the field for a long time with good- will.
There are many Real estate companies in Patna, but Creastate Infrastructure PV. Ltd is the Best real estate company in Patna as they are working on different projects with a stable good- will and skill.
From the kick off their journey into the real estate market in Patna, Creastate Infrastructure Pvt. ltd. has crossed several milestones, and they have enabled themselves to establish as the best property dealer in Patna property market.
Creastate infrastructure has started their journey in 2012 and never looked back as from the very beginning they have never compromise with the quality of the material they use, and as a result, they easily won the trust of the buyers.
DIFFERENT PROJECTS OF CREASTATE INFRASTRUCTURE:
As a Best real estate company in Patna property market Creastate infrastructure always intends to work hard to achieve their mission. Innovation is the main thing they want to introduce in their each and every project. They make every house with an excellent blend of modern technology with traditional architecture.
They have completed few big projects like Creastate Sabdalpuram and Creastate Vivek Vihar. Now their vision and aim are to ensure a home for everyone, and so they have taken a big project named Jan Awasiya Yojna in Phulwarisharif at and Al-Madina City at mouza Gopalpur, Jainpur road, in Patna. Their strong will is to make everyone’s dream for an own house and to develop the Patna city.
The Jan Awasiya Yojna is a mega residential project in the green nature that offers plots of land in beautiful surroundings so that anyone can develop his dream house here at an affordable rate with an availability of easy home loans. In their every project, Creastate infrastructure has a wide vision to give basic amenities with some unique star features to every buyer.
CONCLUSION: Patna is going to be a world class satellite town in coming years with different development projects. So it is needless to say that the Real Estate Business in Patna is going to pick a high speed and favourable time has come for all who want to invest with a hope to get a good return from property dealing in property market in Patna. Plots of Patna are in high demands to set up new housing complex and commercial projects. Being the major city in Bihar, Patna property market and housing projects is now creating a resource of income. Best real estate companies like Creastate Infrastructure has launched different projects online by using different lands in Patna. In a word the real estate market in Patna and property in Patna get a huge opening in the housing market with the best property dealer like Creastate infrastructure Pv.Ltd, with their mission and vision to develop Patna City by launching different big projects to serve the people.