Goa
- Future Outlook
Given that the property prices in Goa have
almost doubled in the last year, the land rates in Goa has
excellent value. The real estate market is sure to thrive
on expected boom in the hospitality business in India as it
is going to retain its positioning in Asia as one of the greatest
enchanting tourist destinations.
The charm it holds for foreign tourists is set to attract
an investment of about Rs. 200-230 crore over the next five
years, an addition of 15,000 rooms over this period and 25
odd mid-segment hotels by the end of 2007. Those interested
in investment opportunities in Goa can look forward to whopping
benefits that will derive from this trend.
Goa has the distinction of having the lowest crime rate and
highest per capita income ratio. It is well connected to the
rest of India. Majority of the airlines operate flights between
Goa and major foreign cities. It has a widespread telecom
network.
Banking on Goa's future outlook for the next few years, Goa
real estate certainly offers high levels of capital growth.
- The Konkan Railway between Goa and Panvel is expected
to give a boost to tourism while the Sky Bus will improve
internal transportation.
- Software technology Parks, Growth Centres and Film City
are being planned in projects in the pipeline.
- Siolim is benefiting from the growing western investment
and has been seeing a huge rise in the capital costs invested
as the area shows signs of continual development
- NRIs and foreign investors mainly from the UK and Europe
are scouting for luxury homes
in Goa. Besides, the interest in land among big names
in the hospitality industry has been pushing up rates.
- Well known realtor Keegan Real Estate Developers &
Builders, a leading home builder strongly finds its calling
in providing quality homes that also partake of the Portuguese
architecture amidst nature's scenic beauty of Goa.
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Agra, Amritsar, Bhiwadi, Bhopal, Bhubaneshwar, Coimbatore, Greater Noida, Greater Bangalore, Goa, Ghaziabad, Indore, Jaipur, Jalandhar, Jamshedpur, Jammu, Kochi, Kanpur, Ludhiana, Mangalore, Mysore, Manesar, Mohali, Nagpur, Nashik, Neemrana, Panipat, Rudrapur, Sonepat, Thiruvananthapuram, Visakhapatnam |
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