The Building Construction Department in Patna, Bihar, rates highly among government offices, recognized for its services and proximity to several key departments.
BRERA urges government to form a team to help homebuyers recover dues or get possession from defaulting real estate companies.
Housing prices rose up to 6% in 12 Indian cities, while 10 cities saw a decline of up to 9% in Q2 FY24. Delhi-NCR experienced a 5% dip QoQ but a 7% YoY surge.
West Indian cricketer Chris Gayle signs an endorsement deal with Agrani Homes, a Patna-based real estate firm. The announcement was made by Alok Kumar, CMD of Agrani Homes.
Indian real estate is experiencing a resurgence due to increased construction, especially in affordable housing, and record-low home loan rates. This has led to renewed optimism among consumers, particularly in Tier II and Tier III cities.
Mumbai is the most preferred real estate investment destination, followed by Chennai, according to a recent survey. Patna, Nasik, Tiruchirapalli, and Madurai are also emerging as attractive options.
RDB Industries Limited has received a government tender worth thirty crores for a residential complex at AIIMS Patna, expanding its real estate portfolio.