To own a Flat or Independent House? Which one is More Profitable?

We always grow up with a dream of owning a house or property. It’s the dream or life goal of maximum people. But to own a Flat or Independent House? Which one is More Profitable? This question is confusing. No issues, we will solve it through this article. Therefore, to make this dream into reality takes a lot of hard work and patience. From planning to saving.

Also, taking financial decisions for daily expenses. Most importantly, investing the money in the right medium so that you get good returns. And so this is also on the type of investment that many people do. However, the question is still not clear whether to invest in a flat or a house/bungalow. Let’s see the pros and cons of the same.

So that you can put more value in the decision that suits you the best. As the prices are shooting up and the area is scarce. Most of the people will incline towards investments in flats. As the flats for resale is quite cheaper if we compare it with independent houses.

Factors influencing to buy a flat

There will be countless factors that influence. For example, location of the apartment, easy accessibility, also resale value. Most importantly, the security of long-term returns and good facilities. As the apartment provides water and sewer system. Along with fire safety installed in place, parking areas, and security. Moreover, it is easier to sanction a loan for an apartment. The flat system gives social bonding for an individual. Like people interact help, celebrate and support each other. So you see all the above are more favorable to people to influence buying flat.

Factors influencing buying a house

The prime benefit that an independent house gives is to own the land area. And liberty to do want ever feels right for you. In terms of construction and development. For example, you can modify the house as you want from the interior to the exterior of the house. And there is a peaceful vibe. Without having any disturbance around you.

Privacy is maintained and only you can allow the people you want to in your house. You have a sense of authority over the overall area. Though it will cost you 2-3% more than flat in each aspect it’s worth it. Because the resale value of the house will also be higher. Coming to sanctioning loans for independent houses. It is only considered after an intense checking process.

Pros and cons

Let’s see the what are the pros and cons of both. Either to buy a flat or house? Actually, as we all know that everything will have these two sides. There is no such thing that doesn’t come with its disadvantages. If in case you are planning to buy a property that is under construction. However, it a long task to achieve. Here comes the main issue.

While you can have the freedom to build the house. But there are restrictions for flats. As you need to wait for a longer time frame. Moreover, there is no guarantee that it will turn out to be as you want. When you buy the property for a house you have to put in efforts for construction, repairing, maintaining, etc. Therefore, if you compare the cost of independent houses. It is higher than the flats.

Conclusion

An individual can invest in many assets. For example, the stock market, mutual funds, etc. But property investment is not at all easy to handle. There are many procedures and terms and conditions.

So when you intend on buying a property. Think logically. First, prioritize your requirement and don’t just go with the trends. It is a long-term investment so if by chance something goes wrong. Then you have to face it for a long tenure. Do strong research, look at pros and cons. And then only take a wise decision.

We hope that your question to own a Flat or Independent House? Which one is More Profitable? is pretty much solved. For more related content check out our other blogs too!

 

Tips To Install Oxygen Concentrators At Home

As we are in a pandemic situation. Where the deadly virus is back with a boom of the second wave. It is taking the life of one or more family members. And this condition there is a lack of oxygen system supply support in hospitals. Moreover, due to increased patients. Hospitals are running out of beds, oxygen, and essential treatments.

However, the second wave of the Coronavirus pandemic has left India devastated. Similarly, oxygen concentrators are in high demand. It is life-saving equipment. For people struggling to breathe naturally. With the help of oxygen concentrators, such patients are given assistance for external oxygen.

But the good news is few NGOs and other social organizations are making efforts. To provide beds and oxygen concentrators. For the families who can admit the patients to the hospital.

Few patients with weak immunity and most senior citizens are in dire need of oxygen. So there might be a situation where you will have to treat the patient at home. Along with the procedure of getting an oxygen cylinder to installing it.

Here, is a quick guide for the common man to get in-depth information. From types to prices at same time precautions that you have to consider. While also taking the doctor’s advice.

What Is An Oxygen Concentrator & How It Works?

If you look at that composition of air scientifically. It is made up of 78% nitrogen gas and 21% oxygen gas. There many other gases involved in fewer percentages like carbon dioxide etc. If you see the working of an oxygen concentrator.

It works by consuming the oxygen that consumed by the atmosphere. And through the concentrator. The air is filtering out the nitrogen. And it only saturates the concentrates the oxygen. Later on when it distributed through a pressure valve. It monitors the flow.

Who Needs Oxygen Concentrators?

Various techniques are adopted to measure the levels of blood oxygen. For instance, Blood testing conducted in laboratories. And nowadays, you might have seen commonly used pulse-oximeter monitoring.

It is to estimate the required oxygen saturation levels. Therefore, the range of oxygen saturation should be around 95% to 100%. Patients having below 90% of oxygen levels are is known as ‘hypoxemia’.

Essentially such patients suffer from chronic lung conditions. Few people also have breathing problems. Therefore, such individuals need to consult a doctor. Otherwise, it can have severe heart and brain conditions.

As many expert doctors recommend it. Considering the current scenario not all COVID-19 patients need oxygen. But if their lungs have been inflamed due to virus infection.

And for those who are experiencing shortness of breath. And that having cannot manage to breathe naturally are at focus. Similarly, those patients facing fluctuation in oxygen levels require hospitalization.

To Buy Or Rent An Oxygen Concentrator For Your Home?

It totally depends on the health conditions of the patient. If it going to take a longer period for recovery then purchasing is a good option. But if the patient has not so serious respiratory issues then can think to rent it. Moreover, it totally depends on the doctor’s prescription. And it is important that you take measures according to expert doctors.

Generally, an oxygen concentrator is used to temporary respite until the patient is undergoing hospitalization. It is mostly to patient recovery at home. Essentially for those with low oxygen saturation levels below 90%. Moreover, the individual has to be under constant expert supervision. Overconsumption of oxygen can be fatal to the patient.

Understand The Difference Between An Oxygen Concentrator And An Oxygen Cylinder?

Let us first understand the purpose of this. Who exactly is eligible to use it. And we must understand uses. Along with their advantages and disadvantages of the same. Moreover, with its durability and controls.

Oxygen concentrator – Oxygen concentrators are like alternatives. If oxygen cylinders are not available. But they are only capable to provide only five to 10 liters of oxygen. They are easily portable Concentrators available. It only needs temperature to adjust.

Most importantly, it will never run out of oxygen as it works on the power supply. Moreover, oxygen concentrators can generate oxygen 24 hours. Also, works for a longer period up more than 3 years.

Oxygen cylinder – It is generally used for extremely critical patients. Similarly, for those who may need around 40-50 liters of oxygen per minute. As you can notice their oxygen consumption is more by the patient. There is no warranty and the durability is less.

So oxygen cylinders can run out of oxygen quickly without any indication. Moreover, It needs to be refilled. You can relate to this just the way we used the home LPG cylinder. As it depends on the consumption of the individual. And need to book it every month. The concept is quite similar but it has all the legal proceedings.

How To Choose An Oxygen Concentrator?

Oxygen Concentrator Price

The cost varies depending on different brands, features, and models. Therefore, it may cost around Rs 40,000 to more than 2 lakhs. Considering oxygen cylinders will cost you between Rs 8,000 and Rs 20,000.

In the current scenario, there is a huge demand for oxygen concentrators in India. As there rise in COVID-19 cases. Also, there is a shortage of oxygen concentrators supply. And this is leading to panic hoarding and black marketing of the same.

Based On Flow Rate

It is always important to check the ‘flow rate’ capacity. And select the one that the doctor has recommends. Depending on the consumption of liters per minute (LPM). Mainly, based on the patient’s condition. As for how much supplemental oxygen therapy is essential. Ideally, it is good to take maximum capacity.

Portable Oxygen Concentrator

The best part of such an oxygen concentrator is that it can be moved wherever you want. But different categories include stationary and portable devices. Now it depends on if the patient. If they are bedridden or can move around. So this concentrator is for those who compulsory need the assistance of it. So that they can use it while traveling or other outdoor activities.

Power Consumption Of Oxygen Concentrator

It is promising to choose a concentrator that has the lowest power consumption. Numerous models also work on batteries. However, the battery time differs according to the product. Most importantly, there should be continuous airflow.

Noise Level Of Oxygen Concentrator

Every oxygen concentrator creates noise. Which ultimately leads to disturbance. However, as technology is evolving. You can get silent concentrators too. With the range of 25 to 50 decibels. Which is not that noisy and can have less disturbance.

Tips For Buying An Oxygen Concentrator

Primarily, an oxygen concentrator is given if the doctor prescribes it. However, can’t be used as a personal choice for any random individual. it is very important to use it cautiously as it is an essential commodity. So choose the brand that is reputed. Which also gives a warranty. However, which will be is cost-effective.

Providing quite interesting features like LED display and good airflow. Along with an alarm to notify you in case there is a failure in the system. Most importantly, for backup, it’s better that you keep a standby generator.

So that you don’t have to worry. If there are any power fluctuations. Most importantly, see that you refer to the doctor’s advice. Understand the terms and conditions. Similarly, prefer an expert. For handling the procedures of installing the machine at home.

Safety Measures To Use Oxygen Concentrator At Home

In hospitals, there are experts who can come to the rescue. If in case something goes wrong with the functioning of the oxygen concentrator. But at home, it has risk factors involved. But these few measures will avoid hazardous situations. And it will also guide you to using it cautiously.

See that you place the concentrator more than 8 ft away. From the source of ignition. Ignitable materials like matchbox, lighters, lighted candles, or diffusers.

It should be in a well-ventilated area as it becomes hot. Most importantly, prohibit smoking near the oxygen concentrator. Strictly avoid using flammable material near the unit. For example, hand sanitizers and aerosol sprays, and air fresheners.

Also, make sure to keep away alcohol-based solutions. And they do not come into contact with oxygen supply devices. The power consumption system is connected systematically. Like, avoid using an extension cord or external sockets.

When you don’t require it switch it off and keep it in a safe place. It’s is recommends that you place an upright position. And not horizontally. Also for safety reasons keep a fire extinguisher. Most of the apartments have it on each floor but can’t access it. So you can take permission from society to use it in an emergency.

Oxygen Concentrator Used In India

Let’s see the types of oxygen concentrators available in India. And their brand names to along with its oxygen holding capacity. Also, what other feature it has to offer. There are many oxygen concentrator manufacturers in India. There are cities conducting drives for oxygen concentrators in Patna, Mumbai, Chennai, and Delhi. So that maximum people can access it for the patients.

Philips Oxygen Concentrator

The Philips Respironics Everflo Oxygen Concentrator weighs over 14 kg. Moreover, with 96% of purity and smooth airflow.

BPL Oxy 5 Neo Oxygen

This has a built-in nebulizer. Innovatively, it has timer and LCD display functions. However, it is having a 93% of purity level and it gives around 5 liters of oxygen. Also, the flow rate is satisfactory.

Airsep New Life Elite Oxygen Concentrator

It provides a maximum of five liters of oxygen. Additionally, It has a powered battery alarm system. This will alert the user to the sound. That will indicate a power failure. So if in case of a power failure has occurred. It will let the user beware. Thinking of a quick solution or alternative. However, It has an ‘Economy Mode’ for low power consumption. Therefore, this can be comma cost-effective option.

Inogen One G5

This modern version using much-advanced technology like Bluetooth connectivity. Likewise, It is a lightweight model which quite easy to lift. It works on a battery which lasts for 12 hours. Moreover, it also has six oxygen flow levels that can be adjustable when required.

Dedakj DE-1S Oxygen Concentrator

It has double oxygen absorption functions that will two patients to use the same concentrator. It has up to six to eight liters of capacity giving 92% purity levels. Most importantly, It is lightweight and can decent airflow quality.

Final Thoughts On Tips To Install Oxygen Concentrators

In this pandemic situation, it is better that we take safety measures. To avoid this death-dealing situation. As a lack of oxygen concentrators and beds in hospitals. And there is more of an economic crisis. Moreover, the conditions are going from bad to worse. Many doctors are recommending getting treated at home.

And so the oxygen concentrators and cylinders are high in demand. Similarly, it is helping many people to recover at a faster pace. Therefore, it is essential that such medical resources are operated under doctors’ supervision. Most importantly, using it by following the right procedures. Along with following the precautions while using it home.

It will be a great decision to give your personal oxygen concentrators on rent if it is not in use for a while. It will help to save someone’s life. Hope that you have understood all the concepts. Don’t worry if you have any doubt you can feel free to comment.

In conclusion, also see that you follow the tips to install oxygen concentrators at home mentioned above. Likewise, consult a doctor before you decide to take any health-related decisions.

Future of Patna Real Estate

Patna, the heart of Bihar, is one of the best blends of rich Indian culture and modern lifestyle. Patna is not only the largest city and the capital of Bihar. The city of Patna is amongst the fastest growing cities in eastern India. Patna ranks 21 in the list of fastest-growing cities. Patna is a hot property market in Bihar. Different parts of Bihar connect well with Patna. This makes Patna, a place for the very high demand for properties. There has been tremendous growth in development in Patna. With the increasing development, the Patna Real Estate market has expanded a lot. From the perspective of a business owner as well as a customer, you can see that there is an increase in real estate projects in Patna. There are many locations in Patna that are hot in demand for residential properties, flats, individual houses, and commercial properties.

Top Localities For Property In Patna

Top localities for property in Patna are

• Bailey Road,
• Phulwari Sharif,
• Bihta, Danapur Khagaul Rd,
• Gola Rd,
• Naubatpur,
• Khagaul Road,
• Digha,
• Ashiana Road,
• Chirora,
• Patliputra Colony,
• Abhimanyu Nagar,
• Nehru Nagar,
• Rajendra Nagar,
• New A G Colony,
• Rukanpura,
• Mithapur,
• Raja Bazar,
• Jagdeo Path,
• Kankarbagh,
• Boring Road, and
• Khagaul.

With increasing development, property buyers are also showing great interest in buying properties in Ram Krishna Puram, Shivala Par, Sampatchak, Sonepur, Parsa, Ashiana Nagar, Rupaspur, Hajipur, New Patliputra Colony, Ramjaipal Nagar, Mahuabag, Ranipur, Gulzarbagh, and North Patel Nagar, etc.

Read the rest: https://analyticsonline.in/blog/the-bright-future-of-patna-real-estate/

 

The Future Of Digital Marketing Services In Real Estate

 The future of digital marketing services in real estate is brighter than we can imagine as of now. With the advancement of technology, it is not an option to avoid technology in any form.

Real estate can’t be left aside either. Improvising technology into business is a great idea. Digital marketing is the implementation of this brilliant idea.

Many technologies make it easier to work. They save you from unwanted manual work and also make the job easier for you.

Let’s discuss a few of them and then let’s analyze the future of digital marketing services in real estate.

Real Estate Digital Agency

Real estate digital agency is basically another way of stating digital marketing. Digital marketing is helping real estate in many great ways. It is making things less manual and more digital. It is facilitating people in making things easier.

Everything starting from buying property to finalizing it can be done online and hassle-free. Digital marketing makes it easier for people but it might seem tough to some people who are not well aware of digital aspects of marketing.

Know what all you must know before you get into the world of digital marketing.

Real Estate And SEO Services

SEO stands for Search Engine Optimisation. It is one of the most essential things in digital marketing.

So, SEO basically decides how your site or work performs online. It is important because when you advertise your property online, you need people to know about it.

Working according to SEO protocols makes it easier for you to get noticed. Similar searches will push you by the search engine to the top. That’s why SEO is an important feature that you must know about.

SEO services can’t be ignored if want to excel in digital marketing. That’s why have a good basic skill set of SEO before you move on with digital marketing.

Real Estate Social Media Services

Social media plays a vital role in defining the growth of the real estate business. The promotions done on social media platforms give the business and industry a good boom.

Most people use social media these days and thus it becomes easy if things are brought out on social media. This increases the engagement of your property. People look out on social media for reliable and affordable options at times.

Thus, it becomes easy to use social media for promotional purposes.

Real Estate Marketing Services And Companies

Real estate marketing services and companies help people in digital marketing. We understand that for few people digital marketing can be completely new and non-understandable.

Don’t worry, there are many real estate marketing services and companies that help you out in understanding the basics of digital marketing and all you need to know about it.

They basically act as an intermediate who helps you in continuing your work without any hassle and worries.

There are many such companies out there. You can always contact them for quick assistance.

Real Estate Tips And Strategy

The path to success is always hard work of course but some tips can make the path a bit easier for you.

Real estate tips and strategies will come in very handy if you are a beginner. And well if you are an established real estate trader, they might just come as a great help to you to avoid daily tensions and burden.

When things come to digital form, they become easy. The accessibility and reach increase many folds. Here are a few that we would suggest.

1. Pay Attention To Your Website

Yes, you heard it right. If you are into digital marketing for a while and still things are not working great for you, then maybe this is what you should look out at.

A lot of the times the website doesn’t seem appealing to users and that’s when they decide to not move ahead with that interface.

Try improving the UI/UX with the help of a good UI/UX designer. Work on making it a user-friendly website with the help of a good frontend developer. Work on improving the website and try making it more user-appropriate.

A good website ensures a good engagement if not more.

2. Pay-Per-Click Advertising

Have you noticed the ads that you get when you visit any website? Have you ever clicked on them just because they have some great recommendations?

If the answer to these questions is yes, then this is what Pay-Per-Click Advertising is. Here you get paid every time someone clicks on your ad. They advertise it for you to the people who might be interested in properties related to yours.

So, Pay-Per-Click advertising helps customers to reach out to you. It increases your reach and makes you more recognizable.

3. Good Blog Post

You should also try creating a good blog post. Giving people information about what you serve them, gives them better credibility.

A good blog post attracts more customers. Mention about what are your goals and services clearly. A good description calls in more clients who will help you in expanding your real estate business more.

A good blog post is like a supporting pillar that is there, no matter what. So, make a good page that motivates people to check out your website too.

Being the people in the real estate business, we can ensure you that this is one of the methods that really needs your attention.

Conclusion

Digital marketing might take you a bit of time to understand but it will be worth all the patience and hard work. Just keep in mind the things that we listed out for you. Also, check out more such bogs from AnalyticsOnline.

If you like such content share it with your friends. Also, tell us what do you think about posts and what more would you like us to cover. Keep learning, keep growing!

why Indian women are preferring real estate & properties to invest in?

Today, women are independent. They have become capable of living in their own conditions and having their own life. Women have kicked the patriarchy. they are working hard to make their mark in a male-dominant society. women are successful in the private sector as well as in the government sector. This sense of independence is the reason why Indian women are investing in real estate and property. Owning a house gives them a sense of security and independence.

Women, a major target for marketers:

Women have become a major target for developers and property dealers. According to ANAROCK-LIC Housing Finance Ltd. consumer sentiment survey, Most women prefer real estate as compared to other asset options such as the stock market, FD’s, and gold. let’s have a look at some major highlights of the survey:

• 18% of the participant were women, among which 57% of women preferred real estate as an investment. 28% of women preferred the stock market. 11 % preferred FD’s, and only 4% preferred gold.
• 45% of women wanted to buy the property so that they would sell the property after appropriate appreciation. 32% of women wanted to earn steady rent from the property. and 23% of women preferred real estate as a future asset.
• 63% of women prefer 2BHKs. 23% prefer 3BHKs, and only 14% prefer 1BHKs. the number of women preferring 2BHKs shows the mindset of women that they do not want to settle for less.

Equality after marriage:

Women are willing to have homeownership before marriage or even not getting married at all. Since owning a house is by far the strongest security aspect for women. Married women are also willing to have their own house for security. They too want to have equal power of owning their own house.

Future security:

As we know Indian society has their culture of sending their daughters to their In-law’s house. But this ritual results in a lack of independence in women. Even if a woman is self-employed, not owning a house is like living with no security. This is the main reason why Indian women are investing in real estate and property. 

Breaking the stereotype:

Forget about Stereotypes of women limited in fancy kitchens or playing with their children in the garden. Today’s women share the same priorities that men do. In other words, they are in complete control of their home, including owning them.

Schemes for women:

The government and developers have their own promotions and schemes. Now let’s know about how government and developers motivate women to invest in housing and properties.

Lower stamp duty charges:

In India, if executed in the name of women, stamp duty charges of property are lower in some states. Delhi, UP, Rajasthan, Punjab, and Haryana fall under these states. the exemption on stamp duty range from 1-2% in different states. Punjab offers 4% relaxation for women buyers. while men have to pay 8% on stamp duty charges in Punjab.

Tax reduction:

If a property is in joint ownership of men and women, then under section 80C of the Income Tax Act, tax exemption up to Rs. 15 lakh is allowed. and under section 24 up to Rs. 2 lakh tax exemption on the interest on a home loan.

Lower home loan interest rate:

Many banks offer lower home loan interest rates for women buyers. for example, SBI offers an interest rate of 7.90% in a home loan up to 30 lakh. whereas, for man, it is 7.95%. ICICI bank offers an interest rate of 8.2% on loans up to Rs. 75 lakh. whereas, for man, it is 8.25%.

Reduced registration charges:

Men have to pay an extra 2% of stamp duty to register the property in their name as compared to women. If the property is in the name of a women buyer the registration charges are reduced by some percent. for example, the registration charge for women in Harayan is 6%. whereas, for men, it is 8%.

Schemes offered by the government:

Schemes offered by the government such as ‘Mahila Awas’ loan. ‘Her Ghar’ scheme by SBI. ‘Women Power’ by HDFC. PMAY scheme, Pradhan Mantri Awas Yojana provides a subsidy up to a maximum of Rs. 2.67 lakh. Both married and unmarried are eligible for this scheme.

Conclusion:

The above schemes motivate women to invest in real estate. In this changing world having backup security has become a necessity. In conclusion, women have started understanding this aspect. Therefore, in the future, the number of women investing in properties will only increase.

10 Important Real Estate Key Trends in India

The real estate market in India has seen a lot of transformation in the past decade. It has become one of the most promising sectors for investment. It is providing well returns too. It is safer than other investment plans like – gold or mutual fund. But this transformation is possible for these 10 important real estate key trends in India.

The real estate industry in India has seen a lot of ups and downs in past few years. But with developing technology, rising demand for property, and the help of the Government – the real estate industry is growing at a good pace. With a very high requirement of customers, the real estate companies have started to spread the business with new enthusiasm. There are a lot of reasons that help the real estate industry to grow in a bigger manner. 

Let us see the 10 important real estate key trends in India that help to shape the real estate market too. These points are important before investing in the real estate business in India.

1.    1. The industry of real estate in India is emerging at a rapid speed after seeing a low time. It is becoming a promising industry for investment. The real estate industry is growing at a pace of 9% per annum and it is expected that the real market will reach $180 billion by the year 2020. As reported by the Indian Brand Equity Foundation, the real estate sector in India is expected to reach a market size of US$1 trillion by 2030 and it will also contribute 13 percent of the country’s GDP by 2025.

2. India is emerging with the rapid growth of the IT sectors. The sudden growth of urbanization in India also has fuelled the real estate market in India. IT companies have made an impact on the real estate business. With the growing demand for jobs in IT companies, properties for a living have also become very essential. And for that reason, many big real estate brands are starting to invest in the development of real estate property. Big cities like – Mumbai, Delhi, Pune, Bangalore, etc, have high demands for property buying.

3. Recently, the government has decided to develop suburban cities as well. And because of this great initiative, the sub-urban areas like – Patna, Goa, etc. are also developing. Recently, Patna is becoming the hub for IT sector companies. And also, it is the fifth fastest-growing city in India. And that is why property in Patna is getting a positive response from the property buyers.

4.  As we all know that for various reasons the real estate market is growing in India. But, the Government of India has also helped in this growth. The initiatives like “Pradhan Mantri Awaas Yojana” has hiked the demand of residential lands.

5.  It is really helpful that because of some initiatives taken by the Indian Government, the real estate business has become a lot more secure place to invest. The RERA act established by The government had actually given more strength to the homebuyers. As the real estate industry is getting very crowded and huge, the Government has set up RERA committees in every state for the security of the property buyers. The act keeps a strict eye on every builder and property dealer. And if any builder violates any rule of this act, the law can take strict penalties or action against that builder. This thing has given the property buyers a sense of security and that is why they are investing more into the real estate business.

6.  Over the past few years India has emerged a lot as a country. It is getting updated day by day. And for that reason, the demands of customers are changing over the years. The millennial culture is more leaned towards co-living spaces and rental spaces than residential spaces. The metro cities like – Mumbai, Pune, Delhi, Bangalore, etc. have demand for both rental properties as well as residential properties. Recently, Patna is also getting the attention for residential plots and rental property due to the heavy demand for jobs. Buying residential plots in these areas is a good place for investment. Property in Patna both residential and rental are in high demand nowadays.

7. Smart technology is the future of India. We are very much dependent on technology nowadays. And that is why home buyers are searching for property having upgraded technology. Customers are looking for smart homes, high-end technology in the houses or flats. These new requirements of customers are driving the builders to make the property with the latest technology. The up-gradation of technology ensures that customers can live their lives easily and happily. And the real estate market in India is taking this new side as an opportunity to flourish the business even more in future days.

8. The new age generation is preferring green technology more. Both buyers and sellers are getting more conscious about this thing. The developers are focusing on the usage of eco-friendly raw materials. Customers are also opting for eco-friendly technology that will help to sustain the living in a better way.

9. The real estate dealers are collaborating with the Government and starting to bring new projects for the customers. Not only these projects are very much budget-friendly for the middle-class buyers, but these projects are also offering facilities that are necessary for daily living. The projects are very comfortable with good infrastructure.

10. With time passing by everyone is leaning towards having a luxurious life. And to match up with these demands the builders have to start developing a property that will provide luxury and a divine experience to the home buyers.

So, with the list of key trends that are shaping real estate in India, it is definitely clear that the real estate market in India is growing at a quick speed. It certainly had some low times but now it has taken up a high speed of growth. And to match up with that speed and to invest wisely in the real estate business, you must consult with a prestigious real estate agent or company. They will help you to get a suitable project at a preferable price so that you can have your investment for the future in the best possible manner.

 

Reasons to buy a property or real estate in Patna

Patna, The capital of Bihar is also the largest city and one of the most populated cities in Bihar. Patna is becoming technologically updated. And it is becoming modern as a city really fast but it still has that touch of Indian culture and values. The real estate business is growing really fast in Patna. And people are tilting to buy property in Patna. Here are some reasons to buy a property or real estate in Patna.

Why Patna is becoming the new favorite?

As Patna has been the center of agriculture hub and trade center, it is growing really fast as a city. Also, Patna is developing so much in business that the World Bank has stated Patna as the second-best city in India to start up a business. Patna is also the 21^st fastest growing city in the world and the fifth fastest-growing city in India. Patna is emerging as an IT-based economy too.

And for all these reasons Patna is becoming the new favorite for the real estate business. Because with growing numbers of companies, the real estate business is also having a positive impact. Patna has become the hot property in Bihar in recent years. Patna has a lot of demanding areas that are becoming favorites for residential plots, flats, individual houses, and etc.

Top areas for real estate in Patna:

It is very important to pick the best area to buy real estate. It is a lifetime investment and you do not want to put it in the wrong place. So, you must keep in mind that the place you are thinking of buying real estate must provide you some important amenities like – good connectivity, easily available transport, a good number of educational institutes, hospitals, etc.

Now let’s see the top areas of Patna real estate:

1. Bailey Road, 2. Danapur Khagaul, 3. Khagaul Road, 4. Phulwari Sharif, 5. Bihta, 6. Gola Road, 7. Naubatpur, 8. Patliputra Colony,9. Ashiana Road, 10. Digha, 11. Chirora, 12. Abhimanyu Nagar, 13. Nehru Nagar, 14. New A G Colony,  15. Rajendra Nagar,  16. Rukanpura,  17.Raja Bazar, 18. Mithapur, 19. Boring Road, 20. Kankarbagh, 21. Jagdeo Path.

Besides these hot demanding areas, some other areas are also getting the attention of buyers. Those areas are –

·       Ram Krishna Puram

·       Sonepur

·       Shivala Par

·       Parsa

·       Rupaspur

·       Hajipur

·       New Patliputra

·       Ramjaipal Nagar

·       Gulzarbagh

·       Mahuabag

·       North Patel Nagar

·       Sampatchowk etc.

 

Reasons to buy real estate property in Patna:

As we previously discussed that Patna is becoming one of the top favorite cities in India, it is obvious that people will be eager to invest in real estate property in Patna. Because there are a lot of reasons to buy property in Patna. Some of they that are the most important are discussed below:

 1.    Patna is the largest and most popular city of Bihar. It is becoming the top favorite city of Bihar. It is well connected to the other important parts of Bihar as well. And that is why it is becoming the city in demand for property buyers.

2.     Also, Patna is growing fast in the economy. After the Green evolution, Patna’s economic condition was growing. Now, many IT-based companies are choosing Patna to build their offices and for that reason, Patna’s economic growth is going upwards day by day.

3.    Patna is the fifth fastest-growing city and 21^st fastest growing city in the world.

4.    Patna is well connected through highways, railways, airways to different cities. Also, the national airport is going to be built in Bihta. And for this reason, Patna is getting all the attention from property buyers.

5.    Patna metro will be a rapid transit for the city and it will be an example of the emerging India. It definitely is a positive point for the real estate business in Patna.

6.    Patna is becoming the place where a lot of famous leading brands are opening their offices. Tata consultancy also opened a new office in Patna in 2019. And also, many other brands are planning to open their new branches in Patna soon in the future.

7.    Patna has always been the hotspot for tourism. Nalanda, Bodh Gaya, etc. are some famous tourist spots in Patna. Also, it has one of the largest planetariums in Asia, the Patna Planetarium or Indira Gandhi Planetarium.

8.    Patna is going to be the World’s Longest Free Wi-Fi zone soon.

9.    The city also has some of the best educational institutes like - Chanakya National Law University, Aryabhatta Knowledge University, Indian Institute of Technology Patna, All India Institute of Medical Sciences Patna, National Institute of Fashion Technology Patna, etc. This is a very big plus point for the real estate business in Patna.

10.     A lot of projects are going to start in Patna that will help the development of the city as well as the hike of the real estate business in Patna.

11. As per the cost comparing to other big cities like – Ahmedabad, Chandigarh, Meerut, Bhopal, etc. Patna is a lot more pocket friendly. Buying flats or real estate in Patna is very affordable for middle-class people. You can easily find a suitable property on an affordable budget any day.

12. Patna has become one of the most favorite places for investment in Bihar.

13. Patna is one of the most colorful cities and very lively cities in India.

So, as you can see there is a lot of reasons to buy real estate property in Patna. And if you are planning to buy any kind of real estate projects in Patna, it will fulfill all your parameters. Patna real estate is going upwards day by day. It still has a lower and affordable price range than other big cities. So, it would be an advantage for you to buy flats or real estate projects in Patna soon. Because you definitely do not want to miss the chance to have the best option first than others.

The connectivity of the city, the cultural value, the educational facilities, the lavish lifestyle – everything just works best all together for Patna real estate. All the plots of Patna have a very high demanding architecture. So, it would be best to invest in Patna real estate.