Patna's vision 2021

According to the new Master Plan, satellite towns like Maner and Fatwah would be developed. Planned residential development will be encouraged in adjoining Hajipur and Sonepur, to relieve the pressure from the main city.

Click here to see detailed map

The city has grown beyond the areas shown here which could not be plotted as no authentic updated map is available.

Unlike other cities of its size, Patna has not seen people from outside the state looking to invest in properties in the city. It’s the demand from the people living in the city and its adjoining areas that have fuelled the real estate market in the past couple of years.

Price Propellers

Some projects underway that could influence real estate prices in future.

1. City Infrastructure

Vision 2021, prepared by the state government, envisages a metropolitan city with satellite towns, high-rise buildings, expressways and wetlands. Detailed project report to be sent to the central government by June 2008 for fund allocations.

2. Airport

Expansion of the existing runway and an air cargo complex for handling and storage of perishable goods and general cargo will help create a commercial hub in the city.

3. Water Supply

Two water treatment plants to be constructed near New Rail Road bridge; drinking water pipes to be re-laid; storage reservoirs to be developed.

4. Industrial Zones

The new Master Plan lays stress on development of industrial growth zones and small economic zones.An industrial park for export oriented units and a food park to come up at Hajipur near Patna and an IT Park in the city.

Click here to see proposed road network

New Residential Projects

Most new projects are coming up in the central and western parts of the city.

Builder	Project	Location	Price (Rs)*
Chitra Dev.	Sitaram Apts	Gardanibagh	17 lakh
Awas Const	Parvati Nikunj	Chitragupt Nagar	18 lakh
Surya Nestbuild	Laxmi Villa	Ramjaypal Nagar	21 lakh
Kumar Buildcon	Lalit Residency	Nageshwar Colony	22 lakh
*Average price of a 3-bedroom apartment

Investment in infrastructure

Storm water drainage takes the major chunk of the proposed investments till 2012. Patna is prone to flooding making many lowlying areas unattractive for residential projects.

Heritage & Conservation: 3%

Solid Waste Management: 3%

Urban Governance: 4%

Water Supply: 6%

City Environment: 9%

Sewerage & Sanitation: 13%

Road Network & Transportation: 18%

Storm Water Drainage: 44%

Buying Options 

Area	Cheap	Price	Expensive	Price
Central	Rajendra Nagar	2,100	Kankarbagh	3,000
North	Nayatola	2,000	Fraser Road	3,200
East	Chainpur	1,600	Sharifaganj	2,100
West	Shastri Nagar	2,000	Patliputra Colony	3,100
South	Shekhpura	1,700	Ashok Nagar	2,200
Prices of residential properties in Rs/sq ft

Price Change

Average percentage price change in 2007 and 2008 (expected)

North
2007: 20%
2008: 15%

East
2007: 15%
2008: 10%

WEST:
2007: 15%
2008: 15%

SOUTH
2007: 10%
2008: 5%

CENTRAL
2007: 25%
2008: 15%