LOCATION:- BYPASS ROAD, RAM KRISHNA NAGAR
TYPE:- 2 BHK
FLOOR:- 1 OF 5
SIZE:- 950 SQ FT SBA
PRICE:- Rs.4800 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- GOLA ROAD
TYPE:-4 BHK
FLOOR:- 2 OF 5
SIZE:- 1850 SQ FT SBA
PRICE:- Rs.5700 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- MAHUA BAGH
TYPE:- 3 BHK
FLOOR:- 5 OF 5
SIZE:- 1565 SQ FT SBA
PRICE:- Rs.4500 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- GOLA ROAD NEAR RANJAN PATH TURN.
TYPE:- 3 BHK
FLOOR:- 3 OF 5
SIZE:- 1485 SQ FT SBA
PRICE:- Rs.5500 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- BAILEY ROAD, DPS MOR
TYPE:- 2 BHK
FLOOR:- 3 OF 7
SIZE:- 895 SQ FT SBA
PRICE:- Rs.5200 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- KHAGAUL
TYPE:- 3 BHK
FLOOR:- 4 OF 5
SIZE:- 1395 SQ FT SBA
PRICE:- Rs.4200 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- ANISABAD
TYPE:- 3 BHK
FLOOR:- 2 OF 5
SIZE:- 1560 SQ FT SBA
PRICE:- Rs.5600 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- VIJAYNAGAR NEAR JAGDEV PATH BAILEY ROAD.
TYPE:- 3 BHK
FLOOR:- 5TH OF 5
SIZE:- 1675 SQ FT SBA
PRICE:- Rs.5200 PER SQ.FT plus other charges.
LOCATION:- BEUR
TYPE:- 3 BHK
FLOOR:- 3 OF 3
SIZE:- 1365 SQ FT SBA
PRICE:- Rs.4600 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- BAILEY ROAD, RPS MOR.
TYPE:- 3 BHK
FLOOR:- 1ST OF 5
SIZE:- 1380 SQ FT SBA
PRICE:- Rs.5200 PER SQ.FT plus other charges.
LOCATION:- GOLA ROAD
TYPE:- 4 BHK
FLOOR:- 7 OF 12
SIZE:- 2365 SQ FT SBA
PRICE:- Rs.7600 PER SQ.FT INCLUSIVE OF PARKING.
LOCATION:- KHAGAUL; RAJ NAGAR.
TYPE:- 3 BHK
FLOOR:- 3RD OF 5
SIZE:- 1455 SQ FT SBA
PRICE:- Rs.5600 PER SQ.FT plus other charges.
LOCATION:- ASHIANA NAGAR
TYPE:- 2 BHK
FLOOR:- 3 OF 5
SIZE:- 895 SQ FT SBA
PRICE:- Rs.6500 PER SQ.FT .
2021 seems to bring some new momentum in Patna realty market after a long period of crawling. The first two months of 2021 is showing promise as far as demand for buying flats in Patna is concerened. In the new year a number of new residential projects too have been launched especially in localities like Beur and Khagaul. Flat buyers are excited after a long time as they have waited long and secondly home loans are available at low rates. Even 1 BHK flats for sale in Patna is gaining increased response from buyers particulary bachelors and retirees. And if the momentum continues more projects will get launched from second quarter of the year. 2021 may prove as the year of buying flats in Patna.
It is always a strong decision to buy Flat in Patna. Flat buyers seem to be convinced that 2021 is the right time to take a plunge in Patna real estate. The high demand localities to buy flat in Patna are Gola Road, Saguna Mor, Khagaul, Sampatchak and Beur. The picture will be more clearer after the end of first quarter as recorded data of flat sale in Patna will be available.
Under-construction Flat, Ready to Move Flat or resale Flat in Patna. These are 3 options available in Patna on the basis of "stages of completion" of flat in Patna.
Under Construction flats in Patna are the ones which are being constructed and will be completed in future and handed over for occupancy to buyer. They are available in mainly residential projects by builders in Patna.
Ready To Move Flats in Patna are flats which are complete and ready for possession by the buyer immediately. Buy it and start living in ready to move flats. At most you have to carry some interior design work as per your need and taste in ready to move flats in Patna. These flats one can purchase from builders in Patna as well as individuals, specially investors who invest in ubder construction flat and sell on completion of projects to make profits out of appreciation of prices.
Resale Flats in Patna are the flats which we can call second hand. It has been used for certain number of years by the seller or his tenants and now is for sale. The time span of usage can vary from few months to 10-12 years or even more. But well maintained and well furnished resale flats are value for money in Patna real estate.
Are you planning to buy a one bhk flat, two bhk flat, 3 bhk flat, 4 bhk flat or a duplex flat in Patna? The size of flats in Patna primarily depends on the number of bedrooms it has. The size of the flat is expressed in square feets. The size of flat is measured by the builders in Patna on the super built up area basis. After implementation of RERA ACT the builders are required to show the carpet area of the flat. One bhk flat is typically 550 sq fts to 750 sq fts in Patna on SBA ( super built up area) basis. The 2 bhk flat is sizes from 850 sq fts to 1150 sq fts on SBA basis. 3 Bhk flats start around 1100 sq ft and can go to even 2500 sq fts on SBA basis. The 4 bhk flat starts around 1600 sq fts and goes up to 3000 sq fts on SBA basis in Patna. The duplex flats in Patna are few but they are in range of 1000 sq fts to 2500 sq fts in Patna. The price of flats in Patna is quoted per sq ft basis usually with parking and other charges in addition. Resale flats in Patna are usually quoted in lump sum amount.
Location selection is one of the most crucial part of buying a flat in Patna. Location in fact not only determines price of flat in Patna but it largely defines the lifestyle one will have while living in the flat for sale in Patna. Secondly one should remember that locations too have life cycles. Exhibition Road and Ashok Raj Path are obsolete and Boring road is at peak while Gola Road is at prime and Khagaul is emerging as flat buying destinations in Patna. One important aspect of flat buying in Patna is matching buyer’s requirements with location, affordability and quality. It is advisable to go for the nearest match as 100% match is utopia. A match percentage of 75 to 85 are excellent in Patna real estate. Right now in 2021 if we talk about suitable locations for flat buying in Patna; then to buy a flat in Boring road is considered “THE BUY” in Patna property market. It is hard to find flat buyers for Exhibition road, Fraser Road, Station Road and many central areas of Patna until and unless some major modern project is coming up. Gola Road is attracting large flock of flat buyers and Khagaul due to new roads and schools is emerging as affordable and livable destination of 2021.
The cost of flat in Patna is related to location, size and stage of development of flat in Patna. Well established localities of Patna have higher prices then the new localities of Patna. The price of flat is quoted per sq.ft therefore as the size increases the price of the flat rises. The cost is also related to construction stage of flat. At the launch of flat the cost is less but as the construction progresses the cost too increases proportionally. Ready to move flats in Patna are the costliest in Patna but they do have GST benefit. The price of flats in Patna varies according to the number of floor too marginally. Nowhere in Patna; buying a flat cost less than Rs.2800 per sq ft. In case of resale flats in Patna; apart from already mentioned factors the need of the seller for cash may also influence the price of flat in Patna and may fetch very low prices in case of distress selling.Therefore the buyer should make the budget accordingly to buy a flat in Patna.
(The answer assumes that the buyer has bought a new flat in Patna)
The residential project in
Patna that you chose to buy flat in Patna is complete and the
builder has handed over the keys to your new flat in Patna to you.
The wait is over, and you and your family just want to move in to
the new flat that you bought in Patna. But as soon as you open the
door with the keys given to you by the builder in Patna; you know
that a lot of work needs to be done before you can move into the
flat with your family. The to do list seems endless and the
challenge is how to go about it.
To move into
the new flat in Patna purchased by you; you need to spend on
carpentry, electrical fittings, and painting before you move in.
Based on your budget and choice, you could end up spending anywhere
between Rs 300 and Rs 1000 per square foot and this could take 3-4
months to complete. As for the other extra comforts, like furniture
make a list and work out the budget first before starting out in
earnest.
Buy flats in Patna as per your choice of location, quality and price out of 243 flats in Patna listed on our number one property website of Patna in 20 main localities of Patna. As a local real estate website all 243 listed flats are physically and legally verified by us. Our collection of flats for sale in Patna include 75 verified 3 BHK flats for sale in Patna, 49 verified 2 BHK flats to buy in Patna. We also have collected 12 verified 1 BHK flats for sale in Patna. Along with these flats for sale in Patna we have curated 61 Ready to move flats for sale in Patna and 43 under construction flats in Patna for sale. If you still are looking for something in Patna real estate which you could not find on our real estate website for Patna kindly call us or write to us or meet us to buy flats in Patna. Remember, we are present in Patna to help you buy flats in Patna as per your requirement and objective.
Advantages of 1 BHK flats in Patna or studio apartments in Patna
Now, let’s look at some disadvantages of 1 bhk flats in Patna.
Due to space crunch, these smaller flats are ideal mostly for bachelors or newly married couples.
Also, there is a huge demand-supply gap in Patna as far as 1 bhk flats are concerned.
LOCATION :- BEUR
SUB - LOCATION :- VIKASH VIHAR
SIZE (SBA) :- 540 SQ FT
FLOOR :- SECOND OF 4
FACING :- FRONT
AMENITIES :- POWER BACKUP, CCTV CAMERAS, SECURITY GUARD 24*7, LIFT, VISITORS PARKING.
PRICE :- Rs. 4200 PER SQ FT
| Locality Name | Under Construction Flat | Ready to Move Flats | ReSale Flats |
|---|---|---|---|
| Anishabad | 4800 | 5400 | 5200 |
| Agam Kuan | 5000 | 5400 | 4800 |
| Ara Garden | 5700 | 6000 | 5500 |
| Ashiana Nagar | 5800 | 6200 | 5600 |
| Anandpuri | 6200 | 6800 | 6500 |
| Ashok Raj Path | 7200 | 7600 | 7300 |
| Ashok Nagar | 5500 | 6000 | 6200 |
| Beur | 4800 | 5400 | DNA |
| Boring road | 6200 | 8200 | 7200 |
| Bank Road | DNA | DNA | 8500 |
| Buddha colony | 6500 | 7200 | 7000 |
| Bailey Road | 5200 | 5800 | 5500 |
| By Pass | 4500 | 4800 | 5100 |
| Danapur DRM Office | 3800 | 4500 | 4200 |
| Digha | 4800 | 5300 | 5000 |
| DPS MOR | 4200 | 5000 | 4800 |
| Exhibition Road | DNA | DNA | 8200 |
| Fraser Road | 8200 | DNA | 7600 |
| Gola Road | 5200 | 5500 | 5000 |
| Gardanibagh | 6200 | 6600 | 6300 |
| Hanuman Nagar | 6200 | 6500 | 6000 |
| Kadamkuan | DNA | DNA | 7200 |
| Khagaul | 4200 | 4600 | 4200 |
| Kankarbagh | 6200 | 7300 | 7500 |
| Kidwaipuri | 7200 | 8200 | 7800 |
| Kumhrar | 5700 | 6300 | 6200 |
| Kurji | 5400 | 5700 | 5500 |
| Lodipur | DNA | DNA | 6900 |
| Nala road | DNA | DNA | 7800 |
| Nehru Nagar | 6200 | 6800 | 6000 |
| Mithapur | 5500 | 5800 | 5200 |
| Jagdeo Path | 5800 | 6300 | 6000 |
| Jakkanpur | 5200 | DNA | 5600 |
| Patna City | 6200 | 6600 | 7000 |
| Patliputra | 6500 | 7200 | 6800 |
| Patel Nagar | 5500 | 5600 | 5400 |
| Phulwarisharif | 4800 | 5200 | 5500 |
| Punaichak | 6300 | 6800 | 5700 |
| Ram Krishna Nagar | 4200 | 4600 | 5200 |
| Rukunpura | 5200 | 5700 | 5500 |
| Raza Bazaar | 6200 | 6700 | 6500 |
| RPS Mor | 5200 | 5800 | 7400 |
| Rajbanshi Nagar | DNA | DNA | 6200 |
| Rajapur Mainpura | 6200 | 6800 | 6500 |
| Rajendra Nagar | 6700 | 7500 | 7200 |
| Sampatchak | 3800 | 4200 | 4000 |
| Sheikpura | DNA | DNA | 7200 |
| Shivpuri | 6200 | 6800 | 6500 |
| Sri Krishnapuri | DNA | DNA | 7800 |
| Sri Krishna Nagar | DNA | DNA | 7600 |
| Shaguna Mor | 4800 | 5600 | 5400 |
| Shiwala-Usri | 3200 | DNA | DNA |
The great outdoors, elevation and landscaping no doubt is a big selling point for flats in Patna in recent times. But it turns out that it isn’t all about the exteriors only while selling flats in Patna.
One of the many mantras in Patna real estate for selling flats is the saying “kitchens sell flats in Patna,” with the growing influence on decision making of home-makers in buying flat in Patna it seems quite true.
Bedrooms are one of the next priorities in a flat for sale in Patna that can make or break a sale of flat in Patna. Most likely buyers in Patna are wondering if their bed will fit in the space and if there is enough room to fit the rest of their furniture as well.
Balconies are another big influencers on flat buyers in Patna. When buyers walk into a room that access the balcony they immediately go to the outdoor space and explore the outer view.
ASHIANA NAGAR ANISHSBAD BORING ROAD BAILEY ROAD BEUR BY PASS
DIGHA GOLA ROAD KHAGAUL KANKARRBAGH KUMHRAHAR NEHRU NAGAR
MITHAPUR PATLIPUTRA PATEL NAGAR PHULWARISHARIF RAZA BAZAR
MAA SHANTI PALACE is an undergoing residential project in Digha by Durga Home Construcutions. The construction is in full swing and the project is RERA APPROVED. It is very affordable for middle class. The project has total 24 units and each floor is amix of 3 bhk flats and 2 bhk flats.
If one is looking to buy new flats in Digha one can think of Maa Shanti Palace as viable option in Digha.
The company Durga Home Constructions has a decade of experience in Patna Real Estate and has delivered more than 8 projects in Patna in different localities.
A 3 BHK flat for sale in Patna is ideal for a nuclear family in Patna with two children. A room is meant for the couple and the other two for children, one each. For guests, as when they come the living room can handle them or both children can shift in one room to provide for guest room in 3 BHK flat in Patna. An ideal, spacious 3 BHK flat for sale can cost around Rs.75 lakhs in Patna. It is affordable to double income middle class families in Patna as the joint salaries of the couple is beyond Rs.1 lakh per month.They can buy 3 BHK flat in Patna easily and can lead a comfortable living.
3 BHK flats are the flavor of home buyers in Patna and so we have gathered about 100 verified 3 BHK flats in Patna for sale of different sizes, budget and in different localities of Patna. With our 8 years of experience in Patna real estate the most ideal size of 3 BHK flats for sale in Patna is 1300 sq ft to 1450 sq ft SBA(super built up area). Though 3 BHK flats in Patna could be found smaller than these as well as much bigger than the most common 3 BHK flats' dimensions that we have mentioned. The price range on average for a 3 BHK flats for sale in Patna is Rs. 60 Lakhs to Rs.75 Lakhs. The price of 3 BHK flats for sale in Patna depends on Location a lot. There are 3 BHK flats in Patna costing more than a crore in many localities of Patna like Boring road.
3 BHK flats in Patna are in most demand because of our family structure in Bihar. We in Patna are still connected to our roots and most of us have native villages in Bihar far from Patna. Frequently we have visitors from our villages or relatives from other place visiting us. Therfore, a guest room apart from a room for children is a must in our social framework. 3 BHK flats suits our requirement the best in fulfilling our social duties comfortably.
Secondly, the cost of 3 BHK flats in Patna suits the budget of a middle class family in Patna. Most middle class families opt for loans to buy flats in Patna. An EMI for buying flats in Patna in the range of Rs.40000 to Rs.50000 is affordable for most middle class families of Patna. Rest they put it from their saving to buy flats in Patna. Therfore thay can avail a loan of about 50 Lakhs from bank and that makes a 3 BHK flat ideal for them to buy in Patna.
Builders in Patna also prefer constructing 3 BHK flats more than any other type of flats in their project in Patna. One obvious reason is higher demand for 3 BHK flats in Patna and the other is that less number of units in a project keeps their cash flow more in their favor. Builders do face constraints of design because a lot depends on shape and size of p-lot on which the apartment in Patna is being built. But still if you ask the builders in Patna they want higher percentage of 3 BHK flats in their projects in Patna.
In Patna real estate 3 BHK flats are the cherished buying options for middle class families in Patna but other options too are available and flat buyers in Patna according to their need and objective go for purchasing other type of flats rather than 3 BHK flats in Patna. No doubt one buys flat in Patna according to specfic requiremnt but the largest number of flats selling in Patna are still 3 BHK flats.
Buyers of 3 BHK flat in Patna must check with builder of residential project about other buyers. They are going to be your neighbors and like mindness comes from like social and economic backgrounds. Secondly if you buy 3 BHK flat in Patna please raise queries about the maintenence of the society once the project is finished and the builder has handed over the project to occupants. If the owner of land has large chunks of flats which he has not sold, you have a feudal landlord sitting in your apartment complex. So please avoid such societies.
3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1255 SQ FT.
FLOOR :- 3RD OF 5
LOCATION:- KHAGAUL
PRICE :- Rs.4400 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1435 SQ FT.
FLOOR :- 2ND OF 3
LOCATION:- BORING ROAD
PRICE :- Rs.6400 PER SQ.FT.
CHECK MORE
3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1380 SQ FT.
FLOOR :- 1ST OF 3
LOCATION:- GOLA ROAD
PRICE :- Rs.5700 PER SQ.FT.
CHECK MORE
3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1145 SQ FT.
FLOOR :- 2ND OF 5
LOCATION:- DIGHA
PRICE :- Rs.5400 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1325 SQ FT.
FLOOR :- 2ND OF 4
LOCATION:- KUMHRAR
PRICE :- Rs.5000 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1405 SQ FT.
FLOOR :- 3RD OF 3
LOCATION:- NEHRU NAGAR
PRICE :- Rs.6400 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1360 SQ FT.
FLOOR :- 1ST OF 5
LOCATION:- GOLA ROAD, MAIN
PRICE :- Rs.6000 PER SQ.FT.
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3 BHK FLAT FOR SALE
IN PATNA
SIZE:- 1425 SQ FT.
FLOOR :- 2ND OF 4
LOCATION:- KHAGAUL
PRICE :- Rs.4400 PER SQ.FT.
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3 BHK FLAT FOR SALE I N PATNA
SIZE:- 1725 SQ FT.
FLOOR :- 2ND OF 3
LOCATION:- BORING ROAD
PRICE :- Rs.6400 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1378 SQ FT.
FLOOR :- 2 ND OF 4
LOCATION:- ASHIANA NAGAR
PRICE :- Rs.6200 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1430 SQ FT.
FLOOR :- 3RD OF 4
LOCATION:- ANISABAD
PRICE :- Rs.5600 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1625 SQ FT.
FLOOR :- 1ST OF 4
LOCATION:- BAILEY ROAD
PRICE :- Rs.6000 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1479 SQ FT.
FLOOR :- 2 ND OF 3
LOCATION:- KUMHRAR
PRICE :- Rs.5200 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1587 SQ FT.
FLOOR :- 1ST OF 4
LOCATION:- KANKARBAGH
PRICE :- Rs.6400 PER SQ.FT.
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3 BHK FLAT FOR SALE IN PATNA
SIZE:- 1430 SQ FT.
FLOOR :- 2 ND OF 3
LOCATION:- DIGHA
PRICE :- Rs.5800 PER SQ.FT.
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SINGH VILLA is an undergoing residential project in Gola Road by Maateshwari Construcutions. The construction is in full swing and the project is RERA APPROVED. It is very affordable for middle class. The project has many units and each floor is amix of 3 bhk flats and 2 bhk flats spread in 3 towers.
If one is looking to buy new flats in Gola Road one can think of Singh Villa as an option in Gola Road.
The company Maateshwari Constructions has two decades of experience in Patna Real Estate and has delivered more than 25 projects in Patna in different localities.
Ready to move flats in Patna are preferred by those who do not want to play the waiting game of living in their dream home. And this needs to be qualified by adding that they have enough money to care of all expenses related to buy a ready to move flat in Patna at once. Remember getting a ready to move flat in Patna incurs other costs of almost 3 to 5 Lakhs in one go while shifting to new ready to move flat in Patna. And for such lucky families who can afford to go through all monetary rigors at once to buy ready to move flats we have collected 57 ready to move flats in Patna to choose from on our real estate website.
Apart from affordability there is a second reason for buying ready to move flats in Patna. If the home buyer is a tenant, that is, if they are renting a flat or house an EMI of home loan plus the rent means double whammy. But if one shifts to their own ready to move flat in Patna, they save on rent and this makes EMI more bearable and ready to move flat a better choice.
The retirees prefer ready to move flats in Patna. They utilize their retirement fund to buy a ready to move flat in Patna. It is convenient for them to pay all the money once and then immediately reside in their ready to move flat in Patna. It is also comfortable for them to settle in hey days of their life. Ready to move flats in Patna therefore is a choice of many as per their needs to buy flat in Patna.
The main difference is that ready to move flat in Patna means a brand new flat, never ever occupied or used before whereas Re-Sale flat means it was occupied and used by the seller or his tenants and now is being sold. Re-sale flats are also known as second hand flats in Patna.
| Locality Name | Ready to
Move Flats |
ReSale Flats | Premiumt |
|---|---|---|---|
| Kankarbagh | 7800 | 7300 | 7% |
| Rajendra Nagar | 7600 | 7200 | 5.5% |
| Bailey Road | 5800 | 5500 | 5.5% |
| Ashiana Nagar | 6200 | 5600 | 10.7% |
| Patliputra | 7200 | 6800 | 6% |
| Raza Bazaar | 6700 | 6500 | 3% |
| Nehru Nagar | 6800 | 6000 | 13% |
| Phulwarisharif | 5500 | 5200 | 6% |
| Boring road | 8200 | 7200 | 14% |
A Ready to Move flat is more expensive up-front than an under-construction flat in the same locality in Patna. One can see in the above Table that ready to move flats in Patna command as high as 14% as premium in localities like buying flats in Boring Road in Patna. One should have deep pockets for a ready to move flat in Patna, as one would have to pay the full cost of the ready to move flat before the builder in Patna gives you the keys. The home loan should be sanctioned and disbursed immediately, and EMIs on the full home loan amount will start immediately.
An under-construction flat in Patna, on the other hand, is easier on cash flows, as you would have to make staggered payments spread over years. This is, perhaps, the only positive for an apartment under construction, however; The price gap between ready to move flats in Patna and under-construction apartment in Patna has narrowed considerably because of the supply overhang in Patna real estate market since last 3 to 4 years.
1) Instant gratification
There is no waiting period in buying Ready to move flats in Patna. As soon as you have zeroed in on one ready to move flat in Patna you can buy it and shift into it within a fortnight.
2) No risk of delay
Buyers have to wait a few years to get possession of under-construction flats in Patna. Their money can get stuck if the builder defaults on payments, suffers a financial crunch or is unable to complete the project on time.
For a Ready To Move flat in Patna, all one needs to do is to make the payment, sign a few documents, and get your luggage transported to the new ready to move flat in Patna.
3) What you see is what you get
When you buy a ready to move flat in Patna, doubts about the aesthetics, size of rooms, space, construction quality, fixtures and other issues are eliminated. A Ready to Move flat inj Patna allows you to closely inspect the structure and quality of finish. And when you buy an under-construction flat in Patna, you are only shown sample flats and the one you will eventually move into may not have the same qualities.
4) No GST
Taxes play a crucial role in property-buying decisions. Currently, a buyer does not pay any GST while purchasing an Ready to move flat in Patna. An under-construction flat, on the other hand, attracts 12 per cent GST. So, if you buy an under-construction flat worth Rs 60 Lakhs, you will have to pay Rs 720,000 as GST. That’s quiet a saving on ready to move flats in Patna and narrows the price gap to a measurable extent.
5) Rental income
If the ready to move flat in Patna you've just bought is an investment and not for personal use -- or if you plan to move in at a later day -- you can lease it out and make some rental income, which you can use to pay your EMIs, or enhance your returns.
Even brokers/ real estate agents in Patna prefer ready to move flats. The main reason is that they do not have to wait long for their commissions when they help a home-buyer purchase a ready to move flat in Patna. As soon as the registry of Ready to move flat is done the real estate agent gets his brokerage of 2% in full. In other cases like underconstruction flat the payment depends on construction stages and therefore commissions too are released partly to real estate agents by builders in Patna. Naturally the cash flow is slower for agents in later case. Therfore, they prefer ready to move flats in Patna. Secondly, the agents do not have to deal with the games that builders play in their projects when they sale ready to move flats in Patna.The customers get what they see and their is no future liability for real estate agent.
Tax deductions favor Ready to move flats in Patna
According to the Income-tax Act rules of our country, if a homebuyer takes a loan to buy a flat in Patna there are deductions that the first time flat buyer in Patna claim, which has an overall limit of ₹1.5 lakh and up to ₹2 lakh for payment of interest under Section 24(b) for a self-acquired flat in Patna. There are additional deductions only for first time and affordable segment homebuyers.
However, you can only start claiming tax benefits once the construction of the flat is complete or you have occupied it; that is a ready to move flat in Patna and you get the possession. You are allowed to claim the interest paid on a home loan during the construction phase of the flat in five equal instalments post possession. But if the construction gets delayed and takes more than five years, the maximum deduction allowed on interest payment gets reduced to ₹30,000 instead of ₹2 lakh per annum. Moreover, the principal amount repaid during the construction phase is not eligible for any deduction at all.
LOCATION:- NEHRU NAGAR
TYPE:- 3 BHK
FLOOR:- THIRD OF 3
SIZE:- 1458 SQ FT SBA
PRICE:- Rs.63 LAKHS INCLUDING TWO PARKING
LOCATION:- DPS MOR, BAILEY ROAD
TYPE:- 3 BHK
FLOOR:- FIRST OF 5
SIZE:- 1685 SQ FT SBA
PRICE:- Rs.5200 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- DIGHA
TYPE:- 3 BHK
FLOOR:- FIRST OF 6
SIZE:- 1385 SQ FT SBA
PRICE:- Rs.5500 PER SQ.FT PLUS OTHER CHARGES.
LOCATION:- ASHIANA NAGAR
TYPE:- 3 BHK
FLOOR:- 3RD OF 5
SIZE:- 1680 SQ FT SBA
PRICE:- Rs.6200 PER SQ.FT INCLUSIVE OF PARKING
LOCATION:- ANISABAD
TYPE:- 3 BHK
FLOOR:- 2ND OF 3
SIZE:- 1365 SQ FT SBA
PRICE:- Rs.5400 PER SQ.FT INCLUSIVE OF PARKING
LOCATION:- BAILEY ROAD, JAGDEV PATH.
TYPE:- 3 BHK
FLOOR:- 3RD OF 7
SIZE:- 1425 SQ FT SBA
PRICE:- Rs.6200 PER SQ.FT INCLUSIVE OF PARKING
LOCATION:- BORING ROAD
TYPE:- 2 BHK
FLOOR:- 2ND OF 5
SIZE:- 965 SQ FT SBA
PRICE:- Rs.6700 PER SQ.FT INCLUSIVE OF PARKING
LOCATION:- GOLA ROAD
TYPE:- 3 BHK
FLOOR:- 3RD OF 3
SIZE:- 1225 SQ FT SBA
PRICE:- Rs.6000 PER SQ.FT INCLUSIVE OF PARKING
LOCATION:- KHAGAUL
TYPE:- 2 BHK
FLOOR:- 1ST OF 5
SIZE:- 1065 SQ FT SBA
PRICE:- Rs.4700 PER SQ.FT PLUS PARKING AND OTHER CHARGES.
2 BHK flats are the most affordable buy foe a middle class family in Patna. Affordable 2 BHK flats are available in Patna around Rs.40 lakhs and it could be bought with help of home loan easily bty middle class in Patna. From investment point of view too 2 BHK flats in Patna give highest ROI.
Re-Sale flats in Patna come with bundle of advantages like tax, price and ready to move. Depending on situation one can buy Re-Sale flats in Patna even below the prevailing market prices of flats in Patna. Second hand flats can be winners all the way. in long term for the buyer of the flat.
Flats in Patna real estate came in vogue only after the construction of Gandhi Setu Bridge in the forst half 1980s. The ease of connectivity of Patna with North Bihar increased and hence increased migration to Patna from a number of places in Bihar and Flats got introduced in Patna.
Research and search are two imperative tasks before buying a flat in Patna. Location, Price and Quality are main parameters of this research . Affordability, time horizon and usability are other issues to ponder upon before purchasing a flat in Patna. Why, Where and how are important.
1) The land deed and development agreement between land owner and builder in Patna.
2) Mutation certificate.
3) Encumbrance certificate.
4) RERA Registration of the project.
5) Building plan.
6) Completion/Occupancy Certificate. A Completion Certificate (CC) is issued by the municipal authorities on the completion of the project.
7) Terms and conditions in the sale deed you are going to sign.
Buddha Subhash Enclave is a new residential property opposite Shivam Convent School, Jaganpura. It has been constructed by Swastik Engicon Pvt. Ltd. The flats for sale is located at New Bypass Road, Patna. The apartment has 6 floors and offers 2 and 3 BHK READY TO MOVE flats for sale on By-Pass road.
2 bhk flat of 1154sft on 6th floor for a price of 56 Lakh.
3bhk flat of 1415sft on 5th floor for a price of 66 Lakh.
3bhk flat of 2009sft on 1st floor for a price of 78 Lakh.
(Price is Including GST& Parking.)
Boring road is the Jewel in The Crown of all locations for flat purchasing in Patna. All search for flats almost sarts here and flats in Boring road serve as the benchmark. With such high demand naturally the prices of flats in Boring road is not affordable to all. secondly New flats are almost not available in Boring Road.
Gola road is the most prime upcoming location for flat buying in Patna. Many in Patna call it the "NEW BORING ROAD". The demand for flats in Gola road is surging day by day. With the main Gola Road turning into commercial hub the demand for residential flats in Gola Road are buyers' pride.
Khagaul is the developing locality of Patna to buy flats. with the broadening of Khagaul road connecting Saguna Mor to Danapur Railway Station; Khagaul has assumed new importance in flat buying in Patna. On both sides of Khagaul road the real estate play is unfolding swiftly and its right time to be in Khagaul.
Carpet Area
is the area enclosed within the walls of the flat that you buy in
Patna. It is the area which can be covered by the carpet and
therefore called carpet area; actual area to lay the carpet. Carpet
area does not include the thickness of the inner walls of the flat
in Patna. It is the actual area which is used by the buyer in his
flat in Patna.
Built up Area
is the carpet area of the flat as described earlier plus the
thickness of outer walls of the flat and the area of balconies
of the flat included.
Build up Area = Carpet Area + Area of Balconies + Thickness of outer walls.
Most flat buyers in Patna, especially the end users who buy flat for living in it, take home loan to purchase a flat in Patna. Their dilemna is that how much loan should they avail. Most of the banks depending on buyer's income and liabilities on the buyer extend upto 90% of the total amount of the cost of flat in Patna. One should remember that the loan is for 10 -15 or 20 years. Therefore, the buyer needs to forsee the impact carefully. Evaluate and calculate all your present and future expenses before deciding the amount of home loan you are going to take to purchase flat in Patna. EMIs are constant and they have to be paid monthly. You need ample money to continue your present lifestyle and only what is left after fulfilling your monthly needs can be given as EMI. As a thumb rule the EMI should not be more than 40% of your (or family) monthly income. But it differs case to case.
We Patnaites are fond of best. When we decide to buy a flat in Patna then too we always wanrt to buy the flat in Patna by the best builder in Patna. To be pragmatic, we need to select the best residential project in Patna as per our requirements rather than the best builder in Patna to buy flat in Patna. As far as buying flat from good builder is concerned, before buying flat in new residential project in Patna we should run a fact check about the builder. His history such as number of projects delivered, time of delivery and quality of construction. One can prefer a new builder too to buy flat in Patna but one needs to be extra cautious and its better if the new builder is known through some relatives and friends in person. Therefore the best builder in Patna is one who meets your requirement to buy flat in Patna the best.
The best residential project in Patna is what suits the buyer's objective and budget. According to your requirements you should select five or less new residential project in Patna and out of them decide the best on basis of quality, price and location. Therefore the best residential project is the one that offers the most value for money to you in Patna. Prior to deciding to buy a flat in Patna make a checklist of parameters like location, amenities, society, security, neighborhood, relatives near by or no relatives nearby, etc; on which you will weigh different residential projects in Patna. Score different residential projects between 1 and 10 on different parameters. Add the score and choose the flat in the project which scores the highest. Keep it simple.
The best locations in Patna to buy flat are Boring Road, Kankarbagh, Ashiana Nagar, New Patliputra Colony, Bailey Road, Gola Road, Saguna Mor and Anisabad. Though we have listed these localities we would like to remind the buyer that he should give priority to his needs. A locality not listed here mighttsuit your need better. Say you are a business man and have your shop in Digha, therefore you would prefer Digha more than any other locality in Patna. The best location is that is best for your needs. The location should make life easy for you in Patna. Buy flat in Patna that suits your immediate goals and future needs.
The best answer is what you thought or think will be comfortable to you. By comfortable we mean that the buyer needs to measure budget and effort which he is ready to allocate for purchasing a flat in Patna or a residential plot in Patna. One additional angle to the answer is the lifestyle that suits the buyer. Is the buyer ready to share and care or the home-buyer prefers independent living. Therefore these three factors budget, effort and lifestyle decide whether you should go for buying a flat in Patna or buying a residential plot in Patna.
2021 is really a right time to buy flats in Patna. The three main reasons are:-
(a) Lowest interest rates on Home loans.
(b) Highest number of new residential project launches in Patna.
(c) Stable property prices in Patna in last three years which is ready to move upwards in 2021.
In 2021 prices of flats in Patna will form a base for itself. Yes, from last five years proerty prices in Patna is stable in real terms. Only due to increase in inflation we as home buyers are paying more to buy flats in Patna every year. But as the NHB RESIDEX (flat price index of Government of India) indicates to buy flat in Patna from 2021 onwards home-buyers in Patna will really have to pay more. Therefore, the question of flat prices in Patna going down is unthinkable in near future. In fact in all end-user real estate markets like Patna property prices rarely decline. They are either stable or rise.
Gola
Road, Patna.
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info@buysellrentpatna.in
