HOUSING IN PATNA AND ITS IMPACT ON URBANISATION AND POVERTY IN PATNA.


The extent of urbanization in Bihar is much lower than other states in the country; with only over 31% of the population residing in urban areas in Bihar. The inability of Bihari society to keep pace with the increase in population has resulted in an under-supply of housing units in Patna, of which nearly 95% … More HOUSING IN PATNA AND ITS IMPACT ON URBANISATION AND POVERTY IN PATNA.

Housing in Patna and its Multiplier Effect on Other sectors.


The housing sector in Patna not only has a direct contribution to the GDP, but it also has a positive impact on the other sectors in the economy. As per LIC Housing Finance Limited (LICHFL), 78% of the sum spent on construction of a housing unit gets added back directly to the GDP. This impact … More Housing in Patna and its Multiplier Effect on Other sectors.

How infrastructure is crucial for real estate Patna.


We keep hearing ‘infrastructure bottleneck’ quite frequently in the real estate sector Patna. This is after our state Bihar is growing at 12% currently; the fastest in our country. Therefore one can smell more opportunities if Bihar executes it plan well. To most of us, infrastructure mostly refers to adequate roads and flyovers in Patna, … More How infrastructure is crucial for real estate Patna.