Overview of Fatuha, Patna

Location and Connectivity

• Fatuha is a part of Patna, Bihar, and uses the 800001 pin code.
• With the Fatuha Junction railway station and Punpun Railway Bridge in the area, there's excellent transportation availability.

Amenities and Infrastructure

• Fatuha is complete with amenities like the Fatuha Police Station, Durga Mandir, Hanuman Mandir, Baruna Mandir, and local shopping areas.
• Banks and ATMs are readily accessible, and road quality and parking space are good, getting a 4.5 rating from users.

Educational and Healthcare Facilities

• The neighborhood is near multiple schools, hospitals, and other important services, making it a convenient place to reside.

Real Estate Market

• Property Prices: Fatuha averages Rs. 700 per square foot. Houses on sale range from ₹20 Lac to ₹40 Lac, with 3 BHK apartments priced at Rs. 38 Lac.
• Property Types: Mainly residential plots, apartments, and warehouse spaces fill the market. About 29% are residential plots and a good number are warehouse spaces.

Current Trends and Development

• Patna, including Fatuha, has a housing market growing through urbanization, infrastructure improvements, and government programs like the Pradhan Mantri Awas Yojana (PMAY).
• There's demand for housing from affordable to luxury, so developers offer diverse options for different market segments.

Future Projections

• Experts say the Patna housing market will keep expanding. Flat rates are expected to rise by 5-10% yearly for the next few years. This growth is fueled by ongoing projects and government programs.

Commercial and Industrial Spaces

• You can find commercial spaces like godowns for rent. For example, a 25,000 square feet godown in Fatwah, Patna, rents for ₹6.25 lakhs every month.

Property Options

• Residential Plots: Find plots in different sizes featuring wide streets, parks, markets, and electric security.
• Apartments: Ready-to-move-in 3 BHK multistorey apartments, often semi-furnished, are available.

PropertyWala's Conclusion

Fatuha, Patna, is a great choice for buyers and renters alike due to its strategic spot, good connections, and abundant amenities. The area benefits from ongoing infrastructure and government housing plans, likely leading to higher property prices. Fatuha offers options for those looking for affordable and luxury housing, making it a desirable location for real estate investment. However, you should keep an eye on market trends and future forecasts to make smart decisions.