In recent times Goa properties
have gone up. Thanks to the developers in Goa. There is defiantly a change in
Goa architecture and lifestyle since Portuguese have left Goa. The complete
change in the infrastructure has defiantly lure different investors to shell
out their money and developing the under developed part of Goa.
Goa is tiny state but it has its
own status. The major economy of Goa is from tourism, but few people want to have
their own space in this hypnotic place. The strategic locations that are
expected to attract more real estate projects in Goa in future is one of the
underlying reasons for prominent builders and investors to take a look at Goa
properties.
The residential flats in Goa are
now being built with the effect of European culture in it. Today, it's a new
destination for holiday such as Scarlet
Holiday Homes Goa. There is a new trend emerging like holiday home in Goa.
The residential flats or apartments in Goa are now being brought up and marketed
as a conceptual holiday day homes for real estate developers of Goa and cities
around.
A real estate developer of Goa
has started giving a new style of an amalgated fragrance of Portuguese
architecture with Indian windows or say Indian way of interior design. The
major demand of the Goa properties
comes from the major cities of India, like Delhi and Mumbai, the other middle
estate countries like Dubai and Kuwait. Due to this splurge of demand for a
holiday home in Goa, the property prices in Goa are going up every day.
And with the increase in price,
the real estate just seems like wild mushroom growing faster in and around Goa.
Ongoing trend of development has encouraged many developers to start up with
their projects as many of this is a profitable venture. Property prices in Goa
are going through rooftop. Some major locations including Dona Paula, an up
market suburb of Panaji, to the coast of Palolem in the south and Morjem in the
North, are all witnessing frenetic development activities.
Many of NRI's after their
retirement want to set up their roots in Goa and see it as one of the best
places to retire. For the high middle class, first it is an accommodation unit
in the Capital city, then a farmhouse on the outskirts to for a weekend
getaway, and finally a luxurious house in alluring Goa.
Market analysts see the rates for
Goa property to go on further shooting
spree in coming years. That's why people have started investing in real estate
in Goa.
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