The Indian government, today is giving its attention towards tier-II cities like Patna for development. This development is beneficial for the real estate industrialists as well as the investors in Patna. Patna is the capital city of Bihar. Also, it is the second-largest city in the country, after Kolkata. With increasing development, the city is emerging as a smart city as the drive for proper infrastructure. That’s why investors find it profitable to buy flats in Patna.
Historically, Patna had the most important hubs for trade and commerce in the area. Additionally, the city is also a major agricultural zone in Bihar.
Top news of real estate in Patna points to the fact that with the completion of several upcoming real estate projects by the end of 2018, With increasing development in Patna, the real estate sector is expected for a 10-12% increase in the coming few years. I will let you know here a few reasons why you should consider Patna for investing in real estate:
Profitable Investment- Flats in Patna
According to the World Bank, Patna is the second-best city in India in terms of real estate investment. There are several prestigious institutions in Patna like the Indian Institute of Technology Patna and the National Institute of Technology Patna. Additionally, the residential index of Patna is quite low as compared to cities like Ahmedabad and Lucknow. That is why, flats in Patna, right now are quite affordable.
The Patna Metro Project had been approved and funded. This decision will further lead to an approximately 25 – 35% increase in property prices near the metro. Patna is also well connected by road, rail, and air to other major cities. The International Airport of Patna- JaiPrakash International Airport is already connecting Patna with all over the world very well. Additionally, in Bihta also, an airport is going to be constructed. This is indicating how fast the pace of development is in Patna. Since right now Patna is moving towards a shining future. This makes now – the ideal time to invest in the city’s real estate sector.
Different BHK Flats in Patna
In Patna, you will get a lot of different flats. There are 1BHK, 2BHK, 3BHK, and much more in Patna for the customers and clients. The cost of the flats can be around thirty to seventy lakhs. It has workplaces, shopping centres, and other entertainment options. If you want to make an investment in Patna, then you must know more about different properties in Patna. You can go through online websites and check what meets your choice and budget.
Some of the best projects in Patna are:
- Sarswati Shree Enclave, Nehru Nagar
- Maa Shanti Palace, Digha
- Divya Virasat, Bailey road Nahar
- Ram Lakhan Plaza, Bhagwat Nagar
- Kuber Residency, Nasriganj
Since the Metro is under construction in Patna. There are several highways, airports, and several amenities under construction in Patna. This makes Patna an ideal place for investment. Because it is very sure that in near time, the prices will increase for sure. This will help you to get better returns in the future.
Amazing Range Of Facilities
You can find several shopping centres in Patna like Patna Central and P&M. Along with these, several renowned hospitals are there. This makes Patna have plenty of basic facilities. And thus you can live a peaceful life with all the facilities in Patna. And this is why you must invest in 1/2/3 BHK flats in Patna.
Therefore, it is time to make decisions and get the best flats in Patna.