Tuesday, September 16, 2008

Goa Real Estate- Bright Future

Goa Real Estate is seems to be undergoing high rise in property value and eventually entering in to new arena of real estate market. Tourists from across world come here which has increased the transactions of both commercial and residential market. Investing in Goa is surely a good option, feel industry pundits.
Goa residential and commercial sector are witnessing a substantial change in the demand by the end user. In residential sector Goa Properties are offering a wide range of housing from modern apartments to quaint Portuguese villas which are catering to the need of upper class. Similarly, Goa commercial properties sector is also experiencing a paradigm shift in demand.
Realty majors such as DLF, Gera Developers, Parsvnath are coming up with their commercial projects to be launched in Goa. DLF is all set to come up with a glitzy mall in Panaji's Patto. All these prominent Indian real estate developer wants to transform Goa's scenic locales into huge housing segments featuring health clubs, tennis courts, malls, hospitals, and schools. Many new residential and commercial projects are coming up in Porvorim, Orlim to serve the national and international clients. Dona Paula, Miramar, Siligoa, Arpora, Panjim, Calangute, Old Goa, Taleigao and Santa Cruz are some of the posh localities of Goa. The residential property prices here ranges between Rs 3000 per sq ft to Rs 7000 per sq ft. The rental value of a 2 BHK flat is around Rs 13000-50000 per month.
Huge amount of investments are being made by the domestic and international buyers because of the emergence of world class facilities in almost all the upcoming projects. Goa real estate is developing at a fast pace in terms of physical and social infrastructure. A new airport is expected in Goa by 2014 which will further open up new channels of growth. All this makes Goa property a sound place for investment which is going to yield high returns in future.

Real Estate Agents in Goa Panaji

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