Bihar property sector is going through a stage of transition and is gearing up to open new investment opportunities for realtors. Real Estate of Bihar is on a splurge of development with the close cooperation of private builders and housing authorities. This in turn will create a new portfolio for real estate in Bihar and will also enhance the capital value of residential property as well as commercial property in Bihar. With the increased large scale Foreign Direct Investment in Bihar real estate over the year, both residential real estate and commercial real estate are witnessing increased NRI real estate investment.
Numerous upcoming commercial as well as residential projects and expansion plans by government, private companies, NRI’s at Nalanda, Vaishali, Muzzaffarpur, Begusarai, Chamaparan and various other cities have been the centre of attraction. The industrial base of Bihar also forms the backbone of their economy and has been opening several employment opportunities for the masses. The escalating growth in industrial segment has directed a large number of people towards Bihar for improved business and life prospects. The capital city Patna is growing at an astonishing rate with posh localities, better basic amenities and enhanced lifestyle of the people, giving new heights to the property in Bihar. With the inputs from all possible sources to develop best properties in Bihar, the real estate market of this state will definitely lead to a comprehensive growth in near future.