Jharkhand is a newly formed state from Bihar and has marked its emergence as the most sought after state for residential real estate and commercial real estate. The state has been on a flourishing ground for numerous large scale industries due to the abundance of rich mineral resources. Cities like Jamshedpur, Dhanbad, Bokaro and Ranchi have manifested their presence among the most industrialized cities of the country. Lush green forests, serene environment and unusual wildlife have attracted property investors from every nook of the country to invest their money in Jharkhand real estate.
The frequent development of residential property and commercial property, which includes flats, apartments, office spaces, shopping complexes, shops etc., is catering the needs of local as well as migratory population. Affordable services of property dealers and home loan providers have made the tedious task of finding property in Jharkhand easier. With the collaboration of private players, Jharkhand state housing board is planning to develop properties in Jharkhand. These construction projects will certainly provide an impetus to the real estate of Jharkhand.