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