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.

rish · 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?

05-26-2008	#1
G_Rider 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 Junior Member Join Date: Aug 2007 Posts: 2	M-Tech developers wats da status of M-Tech Deveolpers project at Goa?

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05-26-2008	#2
rish Junior Member Join Date: May 2008 Posts: 2	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.