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