It is almost considered by the world Goa is a paradise for beaches, golden sand, lush green hills, swaying coconut trees, and charming faces of native people. A place where anyone would fancy having a dream home. A land that has won millions of heart and a home for the ones who have been exhausted by the hustle-bustle world.
The smallest State of India and one of the most beautiful place has incredible demand for its land. It is a boom time for property market in Goa with more and more investors ready to park big money here as they are confident to get lucrative yields in long term. Needless to say, everyone tries to opt for the sites situated strategically, affording scenic surroundings and possessing great potential to yield high returns. And, availability of such locations representing excellent prospects for investors is no less in Goa.
Not surprisingly, land rates in Goa are all set to go through the roof. Still, buying real estate in Goa is not hard to do on a budget and can be done without breaking the bank. For that reason, real estate bigwigs could not keep them away from the allure of Goa thereby expanding their horizons here. The list includes the names of famous builders like Gera Developers, Parsvanath and DLF who are planning to develop offices cum shopping malls in Goa.
Goa is going through major phases of make over with conglomerates buying large commercial spaces to develop shopping arcades featuring world class brands. Also, a number of retailers enjoying great name and fame are considering coming up with their exclusive showrooms. This is likely to add to the land value with average prices of Rs 2,500 to Rs 3,000 per sq ft. Market analysts see the rates for Goa commercial property to shoot up further in next ten years.
