| Goa real estate market will swing in the coming days | | | | promising to yield high returns. |
| as the New Year is approaching. This is the festival | | | | Lot of activity can be seen in North Goa catering to |
| time in the state and many real estate transactions | | | | the residential segment of the society. Dona Paula is |
| take place during this period. | | | | the most posh locality in Goa and has the highest plot |
| Goa will be flooded with tourists from various parts of | | | | capital values of Rs. 32,000-35,000 per sq. yard and |
| the world to celebrate Christmas and New Year and | | | | the apartment capital value of Rs. 5,500 - 7,500 per |
| this will influence real estate market and property | | | | sq.ft. |
| values. | | | | Panjim capital city of Goa is the second classy locality |
| Property consultant Mr. John Reji from Goa property | | | | with residential capital values of Rs 20,000-25,000 per |
| said that most of the tourists want to stay for longer | | | | sq. yard and the apartment capital value of Rs. 3,000 - |
| period of time and visit the place again and again so | | | | 5,000 per sq.ft. |
| they prefer to buy an apartment or villa in Goa. | | | | New upcoming residential projects offers modern |
| Another brokers from Goa added that living in hotels | | | | apartment to Portuguese villas which attracts most of |
| and guest houses is quite expensive and there is | | | | the foreign investors. |
| always a problem of space. While owning an | | | | Apartment capital value in Goa ranges from Rs. 1,800 |
| apartment is a good source of investment as it solves | | | | to 7,000 per sq. ft. Stamp duty and property taxes in |
| the problem of staying and there is no restriction. | | | | Goa are lower as compared to other states, making |
| Secondly it is a source of income as apartment can | | | | the investment easier on the pocket and attractive. |
| be given on rent when vacant to earn money. | | | | Goa is becoming one of the most favourable |
| Residential Scenario | | | | destinations for the foreign buyers to invest and Goa |
| Number of real estate developers and realtors are | | | | Real Estate has a long way to go in the coming year |
| investing into Goa real estate market as it is quite | | | | as predicted by leading real estate developers. |