Real Estate - Patna, Bihar, India
Summum-Bonum is a Fund & Developer rolled into one, working with owners interested in developing their lands, under the joint venture. At present, we are developing around 40 lac sq ft in Shimla, Goa, Patna, Jammu and will soon be entering Bathinda. We operate in supply-short markets - with positive sentiments, absence of ready-to-move-in inventories, and buyers happy to pay in advance under construction linked plans - as the quest is positive operating cash flows from day one, post approvals.We prefer to stay clear of big cities (with some exceptions). Already 70% of the Indian residential RE market is reportedly centered in the top 8 cities, beaten dry thanks to two decades of mindless speculation by builders & buyers alike.