Goa is the smallest state of Indian Territory. Its capital is Panaji and is encompassed by the peripheries of Maharashtra, Karnataka, and Arabian Sea. Goa is darted by gobs of real estate investors throughout the year. There are guest houses, penthouses, rest houses, flats, hotels, residential houses, and other properties in Goa, and assimilations have been made that there would be burgeoning demand for commercial properties in coming years. Some of the recent property developments in Goa are as following:
- Myriad of shopping troves featuring famous brands are also popping up in Goa.
- DLF has future plans to open a shopping mall in Pattoi, Panaji.
- Parsvnath Builders and other real estate developers have been engaged in constructing slew of schools, health clubs, hospitals, shopping malls, tennis courts in Goa.
- Developers have plans to refurbish the beach city with sundry and novel up to snuff apartments and bungalows that would be contrived to have the most mesmerizing river views.
Why investors want to invest in Goa real estate?
Tourist destination: With tantalizing jungles and palpable coconut trees, the place attracts thousands of tourists every year. The state is characterized by its age old resplendent beaches and marvellous heritage architectures. There are numerous churches and temples slumping and the climate in the place is also very pleasant. During their stay visitors take accommodations in various hotels and resorts. This is the reason why many investors like to invest in such properties in Goa.
Relaxed and tranquil life: Goa promises a relaxed and tranquil life to the people who choose to reside here. The state hosts a nice hybrid of conservative and modern lifestyle. So, investing in residential property in Goa is not a bad idea.
International tourists: Goa is also known for its international lifestyle and is visited by tourists from all over the world. Goa hosts many international festivals every year such as carnivals, Latin Festival, Asian film festival etc. The properties in Goa are very beautifully contrived. It's never like putting your toe in high water when it comes to investing in properties in Goa.