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Latest RE News - Bihar

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Latest RE News - Bihar

Last updated: September 9 2020
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  • Latest RE News - Bihar

    Will Bihar be the preferred real estate destination ever?
    The real estate in Bihar has lately given some hope of resurgence. People are becoming more aware of their rights (the latest demonstration was their use of voting powers to call for a change of power) and wants to be a part of the developmental boom as in the rest of India. An 'Investment commision' has been formed which will look into facilitating Bihar's development and to promoting it as an investment destination'.

    The state is under a process of image building for an investor-friendly state. It promises certain advantages over already developed states in terms of cheap real estate prices, limited labour-related issues and a large educated manpower at nearly one-third the cost compared to Tier I and II cities. However, Bihar is still to go miles before it does some significant improvement in infrastructure, socio-economic backwardness, and law and order.

    Will the interests shown by so many of biggies like Tata Group, MaxHealthCare and ICICI translate into actual investment in Bihar?
  • #2

    #2

    Re : Latest RE News - Bihar

    Bihar to Vihar...

    The crucial theme in 'Bihar' should be 'Vihar'. A distortion that occurred during the 600 years long period of alien rule which in its fission reaction shattered our Bihar's cultural landscape by a single stroke deleting "Vi" to "Bi". It should now be corrected.

    The highest precedence, therefore, must be Education Emergency in the state to revert the intellect bank from displacement from villages and townships. Bihar's social networking within the country and the globe should get on to a group mail to pioneer newer initiatives in taking knowledge dissemination almost free to the masses at affordable costs with returns to flow after placement of the trainees - the best possible industry by creating other SEZs (Special Economic Zones)

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    • #3

      #3

      Re : Latest RE News - Bihar

      A clear vihar piture

      The article painted a real picture. Need of the hour for our state is to invest in education. I am in Pune and seen so many students from Bihar studying in colleges in and around the city. I read somewhere that a whopping amount, to the tune of Rs. 8500 crore, of Bihari money is spent by students going outside to pursue their studies. This is a big sum of money. We need to build our educational infrastructure-technical universities and colleges. If we are able to do that, that money can boost economy of Bihar by several notches. It will foster the growth of some ancillary industries resulting in employment opportunities to lakhs of our youth. One minor advantage would be that the students would be spared the indignation of hearing about the backwardness of Bihar

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      • #4

        #4

        Re : Latest RE News - Bihar

        I live in Delhi and I have roots from Bihar.there is no denying the fact that the state has already attracted investments from big names like mahindra and birla; all because they see growth in the state with the new government doing its bit to make it a prosperous state..but time will tell whether the plan really works

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        • #5

          #5

          Re : Latest RE News - Bihar

          Badhiya Hai...

          It is good to see investment lollypops shown by few biggies for Bihar. But, I afraid of resistance shown by RJD in the case of land allotment to Prakash Jha for building multiplex and etc. For investment starved Bihar, it will be better if RJD keep mum over the investments. Also Govt. ensure merit in recruitment process by Private parties, any source-pairavi will damage the quality of work force and will bring Dadagiri in expecting industry and hence there will be negative impacts in the investment prospects. We should learn lesion from once prosperous Dalmia Nagar, turned to ghost house.

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          • #6

            #6

            Re : Latest RE News - Bihar

            the government in Bihar should look at the money that is going outside the state; whether it is in education, medicare or service industry. thousands of students travel to Delhi, Pune and other cities to attain higher education.why cant the government think of setting up professional institutes and make room for employement avenues in the state?the money that is going outside could be utilised which would benefit the government also.

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            • #7

              #7

              Re : Latest RE News - Bihar

              Will govt. be able to bring trust to investors...

              Will the interests shown by so many of biggies translate into actual investment in Bihar? It will certainly depend on the initiatives and assistance provided by the government over the time. CM and his team will have to work hard to make it. Many are watching the three states of eastern India- Bihar, Bengal and Orissa. It is for the time to judge who proves really better

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              • #8

                #8

                Re : Latest RE News - Bihar

                change in the perception

                Bihar government has received a large number of investment proposals for sugar mills, malls, multiplexes, hospitals, and particularly educational institutes. A good percentage of them have got the approval too. Proposals for setting up eight new multi-purpose sugar mill complexes in Madhubani, East Champaran, Saran, Muzaffarpur, Madhepura, Begusarai and Nalanda districts with the capacity of crushing 65,000 tonne sugarcane per day involving an estimated investment of Rs 2,157 crore are in hand of the government.
                Last edited October 18 2006, 03:32 PM.

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                • #9

                  #9

                  Re : Latest RE News - Bihar

                  what about infrastructure??

                  well, the suggestion is fine but what about the infrastructure in the state??does that permit you to invite investment??

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                  • #10

                    #10

                    Re : Latest RE News - Bihar

                    the political scenario in the state also does not permit development to take place because they are banking on cast politics and their voters are hardly concerned about development

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