Patna, the heart of Bihar, exemplifies the best blend of rich Indian culture and modern lifestyle. Apart from being the largest city and the capital of Bihar, this city is counted amongst the fastest growing cities in eastern India. In recent years, the pace of growth and development has been even faster and made it one of the hot property markets in Bihar. Patna real estate has seen very positive trends in the last few years. Various locations of Patna are hot in demand for residential properties, flats, individual houses, and commercial properties.
Location
Once you have a clear idea of your budget it is easy for you to search for an apartment as the flat price depends on the location. The location should be apt for you and it should make a perfect home where you can return home from work and renuvenate yourselves. At the same time, it should be in your budget and should have the amenities that elevate your living.
Top Localities For Apartment 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. However, 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.
Budget
The most important aspect to consider when buying an apartment in India is the budget. For most people, owning a home is directly linked to taking out a loan. Make sure that your ambitions of owning a home are proportional to the income that you generate.
Quality of construction
The quality of construction, when it comes to buying an apartment in India, is another important aspect to be very careful about. If you are builder of repute , then there is nothing much to be worried about. But if you are looking at homes from small-scale developers, then make sure that the building standards they follow are in sync with the approved protocols and guidelines set by the authorities.
Paperwork
Once you conclude on buying the affordable home of your choice, you should slow down and do all the essential paperwork. Make sure that the apartment is registered in your name. Sale deed, Completion/Occupancy Certificate, building plan, Encumbrance certificate, and Mutation certificate are some of the papers that will involve the purchase of a property. Most of the buyers will not be familiar with these terms and the paper works involved. Get the paperwork done before you do the payment. A load of paperwork will follow your decision of buying a budget apartment, for that matter any apartment. Instead of postponing the paperwork, you can do it first and then have a relaxed and happy move-in.