Patna, the capital town of Bihar, is a perfect example of the simplest mix of wealthy Indian culture and fashionable lifestyle. In recent years, the pace of growth and development has been even quicker. That is why property in Patna has seen an increase in demand. And that is why property dealers in Patna are creating more and more projects in Patna. There are lots of locations in Patna which is witnessing demands in residential and commercial properties in Patna.
Top Localities For Property In Patna
According to my researches in the property dealers in Patna. I can tell you that the top localities for property in Patna are the following:
- Bailey Road,
- Phulwari Sharif,
- Danapur Khagaul Rd,
- Gola Rd,
- Khagaul Road,
- Ashiana Road,
- Patliputra Colony,
- Abhimanyu Nagar,
- Nehru Nagar,
- Rajendra Nagar,
- New A G Colony,
- Raja Bazar,
- Jagdeo Path,
- Boring Road, and
Here, we will discuss why property in Patna is becoming the first choice of the buyers:
Patna is on 21st rank in the list of fastest-growing cities. This city enjoys great connectivity with other parts of Bihar and other neighboring states. This is one of the reasons that real estate in Patna is in its boon. The economy of Patna is also witnessing growth fast. The service sector in Patna is also giving great employment options. One of the reports of the World Bank says that Patna is India’s second-best city for starting a business. This means that Patna will definitely witness several startups in near future. Several leading brands are establishing their offices in Patna. This will definitely add to the economy.
Price of the Property in Patna
The cost of the properties in Patna revolves around 40-70 lakhs INR. The average cost per unit square ft is around 4000 INR to 6000 INR per sq ft. You can take a look at the different developers in Patna available to know the different properties available for sale in Patna.
Anyone who wants to invest in the property market considers some main factors like connectivity of the areas, the possible growth in the region, amenities, and reasonable prices, etc.. I can guarantee you that Patna qualifies just right on all such factors. Patna Real Estate is experiencing exponential growth. And the best news is that the prices for flats or apartments in Patna are comparatively lesser than that of other big cities. So, as a buyer, you have a good scope of earning a good return on investment on your deals.
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