Overview of Buddha Colony, Patna

In Patna, Buddha Colony stands out as an upscale locality featuring residential apartments, builder floors, and other real estate types. Let's take a closer look at this locality from a real estate standpoint:

Property Prices and Trends

• Properties in Buddha Colony have prices beginning around ₹9,090 per square foot, with averages hovering about ₹8,866 per square foot.
• Property rates have dropped by 11.72% this past year, suggesting it might be the time for both buyers and sellers to weigh their choices.

Connectivity and Infrastructure

• Road Connectivity: The area boasts strong road links via Danapur-Bankipur Road, Loknayak Ganga Road, and East Boring Canal Road.
• Railway Stations: Patna Junction and Rajendra Nagar stations are close by, ensuring convenient commuting.
• Public Transport: You'll find cabs, autos, and reliable public transport options here.

Amenities

• Educational Institutions: Nearby schools include Mount Carmel High School, BN College, and DAV BSEB.
• Healthcare: Major hospitals like Patna Heart Hospital, Dr. Sarojini Sinha Memorial Shiv-Shakti Hospital, and Shiv Shakti Hospital are within reach.
• Shopping and Recreation: Shopping and recreation spots include VISHAL MEGA MART, Patna Central Mall, P&M Mall, Mona Cinema, and The Premier Square.

Lifestyle and Environment

• Roads and Safety: There are clean, well-lit roads and CCTV cameras for higher security.
• Green Spaces: Some parks and green spaces are nearby, but their upkeep can sometimes be questionable.
• Challenges: Issues include waterlogging, traffic congestion, noise pollution, air pollution, irregular water supply, and frequent power cuts.

Property Options

• Residential Properties: Housing options include apartments, houses, and villas. Prices range from ₹1.11 Cr to ₹1.19 Cr for 1-5 BHK flats.
• Plots and Land: You can also buy plots and land, with prices starting at ₹3.48 Cr for a plot of 2730 sqft.

Rental Insights

• The rent for a 3 BHK flat in Buddha Colony ranges from ₹12,650 to ₹24,350 per month.
• Popular societies include Durga Marine Drive and Mundeshwari Sunny Towers.

PropertyWala's Conclusion

Buddha Colony in Patna blends modern amenities with good connectivity and an upscale lifestyle, making it an attractive choice for buyers and renters. Despite challenges like waterlogging, traffic, and power cuts, it offers solid infrastructure, key facilities access, and current price trends that make it a viable real estate investment option. Evaluating property prices, trends, and local conditions carefully is recommended before making any decisions.