Land prices in Goa going Skyhigh !

G_Rider · 05-26-2008

Goa has witnessed a lot of action in real estate developement in the last 5 years. Many new residential and commercial projects have come up; giving great returns to the investor community. Prices in some cases have nearly multiplied 5-10 times in this period. Even today, many new projects are being launched and being sold out in the pre-launch stage. This shows how attractive the real estate sector is in Goa.

I was wondering how the Goan market will do in the next few years?

Will the prices continue to rise, remain stable or a correction is expected; like in the case of other cities in India.

05-26-2008

They are banning foreigners from buying and locals are protesting against the concrete jungles , Mumbai and Delhi builders are building over there.

In my opinion, Goa should correct in short / medium term, but it remains a good investment for long term investors. If you are looking for a plot, you could keep an eye on Mopa, where a new airport is coming and should returns in long term.

r_delhi · 05-28-2008

wats da status of M-Tech Deveolpers project at Goa?

stellar · 02-05-2009

Hi,

It is such a nice stuff and I really like it. Thank you so much for sharing.

Stella

aditi · 03-15-2009

dear friends..
even i am on a look out for a 2bhk flat in goa.. in and around panjim.. I am originally a goan and want to a flat there but the rates are so high its very much out of my budget. even the resale flats (20 yrs old) cost about 22-25 lakhs..
can some one advise me if the property rates in panjim will come down???

Sheik Shabbir · 09-05-2009

Hi, Prices in Goa are inflated by the brokers, since there is no regulations governing the real estate services. So every second man enters the market with some blue print and does notknow head nor tail of what he is talking about. We at SSV SMART INVEST can guide you in your investments in Land or flat or commercial areas in Goa. However, you should need to clearly specify your needs and budget. You may contact Mr. Sheik Shabbir at ssv.associatesyahoo.in. Best Regards

05-26-2008	#1
G_Rider New Member Join Date: Oct 2006 Posts: 15	Land prices in Goa going Skyhigh ! Goa has witnessed a lot of action in real estate developement in the last 5 years. Many new residential and commercial projects have come up; giving great returns to the investor community. Prices in some cases have nearly multiplied 5-10 times in this period. Even today, many new projects are being launched and being sold out in the pre-launch stage. This shows how attractive the real estate sector is in Goa. I was wondering how the Goan market will do in the next few years? Will the prices continue to rise, remain stable or a correction is expected; like in the case of other cities in India. Last edited by G_Rider; 05-26-2008 at 03:52 PM.

05-28-2008	#3
r_delhi New Member Join Date: Aug 2007 Posts: 2	M-Tech developers wats da status of M-Tech Deveolpers project at Goa?

03-15-2009	#5
aditi New Member Join Date: Mar 2009 Posts: 1	The property rates are almost equal to the ones in chennai dear friends.. even i am on a look out for a 2bhk flat in goa.. in and around panjim.. I am originally a goan and want to a flat there but the rates are so high its very much out of my budget. even the resale flats (20 yrs old) cost about 22-25 lakhs.. can some one advise me if the property rates in panjim will come down???

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05-26-2008	#2
rish Guest Posts: n/a	They are banning foreigners from buying and locals are protesting against the concrete jungles , Mumbai and Delhi builders are building over there. In my opinion, Goa should correct in short / medium term, but it remains a good investment for long term investors. If you are looking for a plot, you could keep an eye on Mopa, where a new airport is coming and should returns in long term.

02-05-2009	#4
stellar New Member Join Date: Feb 2009 Posts: 7	Hi, It is such a nice stuff and I really like it. Thank you so much for sharing. Stella

09-05-2009	#6
Sheik Shabbir New Member Join Date: Sep 2009 Posts: 10	Hi, Prices in Goa are inflated by the brokers, since there is no regulations governing the real estate services. So every second man enters the market with some blue print and does notknow head nor tail of what he is talking about. We at SSV SMART INVEST can guide you in your investments in Land or flat or commercial areas in Goa. However, you should need to clearly specify your needs and budget. You may contact Mr. Sheik Shabbir at ssv.associatesyahoo.in. Best Regards