BIHAR is in a Transition Phase,Real estate Booming all over the major Town.

Bihar.s economy growth has spurred a steady rise in real estate prices in not only Patna bur also in similar Town like Muzaffarpur,Chapra,Vaisali, Nalanda,and Darbhanga.

3 BHK Flats & Apartments for Sell at Muzaffarpur

Property Address : Majhaulia Road, Muzaffarpur, Bihar

Bihar stands as a model state for development across the country today.It has gained recognition even overseas,as one of the fastest growing states in India.This positive publicity coupled with a strong law and order has lead to a real estate spurt in the state with the close cooperation of private builders and developers and the state government.

This transition stage has opened new opportunities of investment for realtors in the capital city,Patna,as well as in adjoining areas like Muzaffarpur,Ccchapra,Begusaraii and Bhagalpur.A Darbhanga based builder and owner of Labh Heritage,Rajesh Kumar says,"Bihar is in a transition phase,Real estate is booming in Patna.It has now become like any other developed city.But the best part is that other towns like Muzaffarpur and Darbhanga are also growing.It's like the real estate growth in Patna is pulling up these areas too,primarily because now there is a good road connectivity to these places."Looking to capitalize on this opportunity, kumar has recently launched another new project,Kamla Heritage,in Darbhanga.

"Since Patna is now saturated,developers as well as buyers have shifted their focus to other cities,which are driving the realty development in these places.The travel time to most of the district in Bihar has reduced substantially,and it has become easier to explore options of investment outside the capital city,"says Dilip tiwari,Who is associated with a Gurgaon based reality firm TDS Projects and Construction.TDS has recently launched an ambitious project,Dashrath Binda Enclave in Mithanpura,Muzaffarpur.

"After having launched projects in patna,choosing Muzaffarpur was a natural choice for us as it is one of the most developed cities in North Bihar and there are good opportunities for investment.People have the spending capacity to buy luxury properties here,[provided they are offered better facilities.This explain why thers is property consumption in Muzaffarpur despite residential selling rate of Rs.2,500-3,500per sq ft and commercial monthly rental rate of Rs 30-50 per sq ft.

Darbhanga's case and that of other developing towns of Bihar,and like Patna ,Property prices in Darbhanga are also soaring because of non-availability of land and growing demand.Since Darbhanga is an educational and Medical hub of Mithilanchal,people migrate from village to this place in search of better job,better life style etc,fuelling the demand of property and consequently,the realty rates.In fact,this is also the case in other city and town inthe state,which are witnessing growth in construction sector and rising property prices.

In Darbhanga ,commercial monthly rentals are Rs-25-30 per sq ft.For resident,the selling rate is in the range of Rs. 2,800-3,500 per sq ft."However,most of these apartment do not have basic facilities like parking space,open area,community center etc.In fact,this is true for almost all the cities in Bihar.

   












source:Rakesh Ranjan reports times property

Two Bihari girl Poonam Kumari and Nazia Afreen to address UN assembly on September 24,2013

    
  

Two teenage girls from Bihar would tell world leaders about problems facing a girl child in the state at United Nations (UN) general assembly on September 24. Poonam Kumari, 14, and Nazia Afreen, 17, are among the 11 children from India who will get an opportunity to put forth their views on inclusive education and its various aspects in front of the world.

When Nazia stands in front of hundreds of world leaders at the UN, she would convey the ideas of hundreds of Muslim girls on how to make the world a better place to live in. "I have talked to a number of girls in rural areas about their problems mostly, relating to education and its solutions," said Nazia, a BA (part I) student of Rajkiya Mahila Mahavidyalaya-Gulzarbagh.

The event is a special session as a part of the UN's Millennium Development Goals (MDG)-2015 programme where children from different sections of society would exchange dialogue to alleviate poverty from the world. More than 12 lakh children from across India had come up with manifestos for the same, said Steve Rocha, a coordinator for the group.

The children would leave for New York on September 17. Sponsored by child advocacy group 'Nine is Mine', the children are hopeful that their demands will be included in the MDG-2015 agenda.

Poonam, a girl from the Mahadalit community, fought against her kin who wanted to marry her off even when she was a child. She is all set to pitch for girl education and oppose child labour. "Small children of our community are forced to work at hotels or as ragpickers. Girls are not sent to school due to monetary constraints. This should change," feels Poonam, a Class V student of Nari Gunjan School who also teaches younger children to earn some money. Not scared of facing a distinguished audience on a foreign shore, Poonam is confident that her small contribution would bring some positive change in the lives of girls of her community.

Born to Mohammad Serajuddin, a tailor, and Rafia Begum, a homemaker, Nazia dreams of pursuing a career in economics while working as a social activist. Poonam too shares the dream of becoming a social activist and changing the lives of her father Bharosemanji, a daily wage earner, and Jasia Devi, a homemaker.

Both the girls are associated with Bihar Ambedkar Students Forum and have made friends with the other children who would be undertaking the odyssey. The 11 students who would be making their voices heard at the UN belong to a broad spectra and include a visually challenged girl, a hearing-impaired boy, a slum dweller as well as a Brahmin boy.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      

       source :times of india                                                                                                                                              

Record growth in Bihar "said Onno Ruhl Bank's country director , however, the challenge ahead is to sustain this growth rate and for that private investment is needed. Bihar needs a lot of investments,as he said.

As the Bihar government is planning to invest Rs 25,000 crore to revamp its electricity distribution network and seeking funds from various international financial institutions the World Bank has shown interest in financing it in this sector.

According to the World Bank Country Director Onno Ruhl, who is presently in the state, the Bank wants to help Bihar in social and infrastructure development schemes. Power sector is one such area.

He said that the Bank would like to provide financial assistance to state government in its ambitious plans to revamp its power distribution infrastructure. 

It needs to be recalled that the state government has taken up ambitious work to connect every village with electricity in next couple of years. In his Independence Day speech last year chief minister Nitish Kumar even publicly announced that he would not seek vote in 2015 if he fails to provide electricity to all the villages and towns of the state by then.

As Bihar has one of highest transmission and distribution losses in the country––45 per cent––the state government early this year signed an MoU with the PowerGrid Corporation to change its obsolete transmission network. It has also decided to revamp its distribution network. 

The Asian Development Bank (ADB) is already engaged with the Bihar government and has taken up larger works related to generation and transmission of power. 

As has been reported majority of the funds for this work would come from centrally sponsored schemes like Accelerated Power Development and Reforms Programme (APDRP), Backward Region Grant Funds (BRGF) and Rajeev Gandhi Grameen Vidyutikaran Yojana (RGGVY). 

 With a large agenda for Bihar, the World Bank is looking for fresh avenues to support the state government projects, including its ambitious agriculture road map and the project to provide road connectivity to the villages having a population of 250.
Bank's country director Onno Ruhl lauded the Bihar model of governance and development. He was all praise for the success of Bihar Rural Livelihood Project, also called Jeevika, which aims to empower rural masses.

Ruhl said the Bank's core engagement in the state is in education sector. It's supporting a special programme for primary teachers' training and is also engaged in secondary education with focus on female education.

He said these sectors are on the priority list of chief minister Nitish Kumar. "I have been meeting many leaders in India and abroad, including Kumar, but I am quite impressed with Kumar who talks about security, human development and infrastructure in one breath. He is a man of wisdom," said Ruhl who, during his one-year stint in the country, has visited Bihar four times.

Saying he is impressed with the success of the Bank-funded projects in Bihar, barring the Bihar Kosi Flood Recovery Project, Ruhl said, "Our partnership has grown over the years and we are working to broaden the engagement."

The Bank is engaged in a number of ongoing projects in the state. The rural livelihood project of $140 million is aimed at enhancing social and economic empowerment of the rural poor in Bihar. The Bank inked a $84 million credit agreement for the Bihar panchayat strengthening project with a view to supporting the state government in promoting inclusive, responsive and accountable gram panchayats in six districts: Patna, Nalanda, Bhojpur, Saharsa, Supaul and Madhepura. The project includes development of Gram Panchayat Sarkar Bhawan.

Ruhl also spoke about another major project, Eastern Dedicated Freight Corridor, which will pass through Bihar and provide additional rail transport capacity and improved service quality.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 source :TNN