Goa is situated on the west coast
of India and is famous for its millions of years old beaches, world heritage
architectures and worship places i.e. both temples and churches. The capital of
Goa is Panaji and is highly distinct from all other cities of India. Goa is the
hottest and the most popular tourist destination for its pristine beaches and
international lifestyle.
The city of Goa splashes a
terrific blend of old and new, verdant hill forests, shiny sand, swaying
coconut trees, infrastructural marvels perfectly coupled with hospitable and
charming people. This region known as the smallest Indian city does not only
lure holidayers but property investors also. The investment avenues are
evergreen in this city as all the above luxuries can be enjoyed throughout the
year. Goa seems to be a perfect investment destination for many as relaxed and
quality living is its primary offering. You can enjoy your retirement life
amidst its greenery and sparkling environs by investing in Goa property now
before prices are spiraled high. You can invest in any kind of property like penthouses,
flats, guest houses, rest houses, hotels or other kinds of residential and commercial properties.
With the growing awareness of the
tourism potential in Goa and the entry of various international events, the
property rates have already grown high. The real estate in Goa is blooming and
rates are expected to grow further. The temperature of this city is congenial
and suits all kinds of visitors from across the world. It has a global appeal that
makes it a favorite with foreigners and continues to invite investments from
international corporate entities. Being known best for holidaying, businesses
in hospitality are at the top in Goa. In the commercial sector, tourism
companies and hotel industry show great interests in Goa real estate. Steep
rise in commercial realty rates has also been predicted by the real estate
experts.
Moreover, properties in Goa are
extremely eye-catching that keep the watcher hooked to them. It is known for
its architecture and cultural places like age-old churches and temples. People
from far flung areas come to visit these pristine marvels, making this city a
precious jewel for the country. Such attractions make it one of the most sought
after realty destinations of India. It would always prove beneficial to invest
in property in Goa as it will inevitably grow as a holiday destination and a
tourist spot.
The future scope of Goa
real estate is unlimited and so, realtors and property agents advise
investments in the current scenario as it would soon witness sky rocketing
prices. This investment would reap high profits in future and so, various
leading property dealers like DLF, Parsvnath, Acron, Araujo Home Makers,
Sanatan Financers, etc. are entering in Goa in the quest for investment
avenues. Some of the upcoming Real Estate Projects in the city are listed
below:
1. DLF is all set to come up with
a glitzy shopping mall in Panaji's Patto in Goa.
2. Prominent real estate
developer, Parsvnath Builders and many others are constructing projects with
the aim of transforming scenic locales of Goa into huge housing segments
featuring health clubs, tennis courts, shopping malls, hospitals, schools, etc.
3. Apartments on the beach or one
with a river view or an exclusive bungalow featuring top-notch facilities, etc.
will be the new face of the beach city, Goa. Shopping arcades featuring top
brands are also mushrooming in the city.
According to real estate
consultants, residential property in Goa asks for high rentals along with good
resale value. The construction boom has swept the entire city while it emerges
as the upcoming realty destination.
About the Author This article is written by Ravi Chauhan on behalf
of Indian Real Estate Properties, I recommended to check out the my last post Brys
Buzz.