Investing in Goa Real Estate is A Game Changer

Investing in Goa Real Estate is A Game Changer

Goa is one of the first places that comes to mind when we think of a holiday. It offers many options to unwind for working professionals who need an occasional break. Be it a dip in the blue waters or a sunbath on the golden sand, this tropical retreat offers many options for vacationers to recuperate.

Traditionally, North Goa is known for its urban set-up with many cafes and restaurants that serve international cuisines and ambiance. This was the reason why North Goa had comparatively more hotels and vacation homes than the rest of Goa. But things are changing rapidly.

These days there is an equal demand for realty in the interiors of Goa too.

Picturesque Locales

As you move away from the hustle and bustle of the touristy places in North Goa toward the interiors; the thick tropical forests, the lush greenery, and scenic mountain and river views are as enthralling as the golden beaches and crystal-clear water.

Spending time in the lap of nature away from noise and pollution is an experience that is incomparable. Many vacationers are realizing the importance of a quiet life that benefits their health and well-being. A stress-free life amidst nature is an experience drawing many city dwellers into Goa. As a result, the demand for properties in regions like Kadamba Plateau is increasing rapidly.

Internet Connectivity

The excellent internet connectivity that is prevalent in any part of Goa, is a boon to working professionals who like to be mobile. The pandemic saw many professionals work remotely to sustain themselves and their businesses. Although things are almost back to normal post-pandemic, many professionals have realized the benefits of working remotely.

Being able to have a healthy lifestyle in serene environments and working effectively are an ideal combination that professionals do not want to forego. These factors have seen a surge in the demand for residential and staycation realty options in the interiors of North Goa. Many who have invested in flats for sale in North Goa are enjoying handsome rental returns as well as property value appreciation.

Social Infrastructure

The interiors in North Goa are well connected to all the facilities and social amenities of Old Goa. You have easy access to the best educational institutes, hospitals, shopping hubs, and recreational options. Those who have bought flats in the Kadamba plateau can enjoy the comfort and relaxed vibe of old Goa yet access the best facilities.

The property prices of realty in Goa are increasing year on year and are comparable to those in the cities like Delhi and Mumbai. With an ever-growing demand for residential options by vacationers and tourists for prolonged stays, investing in a property in Goa can be highly lucrative in the long term.

Why Investing in a Gated Community in Goa is a Smart Move

Why Investing in a Gated Community in Goa is a Smart Move

Goa is a major tourist spot that is seeing a steady rise in residential complexes. The township and gated communities’ model is popular in Goa due to the many advantages it offers to the residents. A gated community or a township literally means a residential complex with gates and exclusive facilities for the residents. Most developers in Goa ensure the complexes have security and safety measures with boundaries so members are safe and comfortable. Investing in gated communities makes more sense as the prospects for renting the property increase. Tenants would always prefer the enjoy the perks of living in gated communities. Also, the property will be preferred by buyers or investors in case it is resold.

Security and Safety

Gated communities are manned by security at the entry and exit points of the residential complex. All developers with flats for sale in North Goa, facilitate security personnel and surveillance systems like CCTV cameras. These ensure any unwanted entities disturb the members living on the premises. Emphasis is laid on the safety and well-being of children of all ages with the right policies for their entry and exit. This takes away stress parents experience when young children go out of their homes to play or socialize.

Traffic restrictions

In many 2 BHK flats for sale in North Goa, outside vehicles are not allowed into the premises of gated communities. Moreover, those that are allowed need to register themselves in the records maintained by the security agency. The movement and speed of vehicles are restricted to avoid any untoward incidents. These rules are commonly adhered to strictly in most gated communities ensuring the safety and well-being of residents.

Community Living

Gated communities instill a sense of belonging and connectedness among members. The members can socialize on special occasions and festivals forming a bond. Ganesh Chaturthi and Deepawali are commonly celebrated in Goan gated complexes these days. The bonds formed over the years help in supporting each other every day and during crises if any. Information exchange helps parents and their growing children to make the right choices and decisions.

Why You Should Buy Property in North Goa

Why You Should Buy Property in North Goa

Why You Should Buy Property in North Goa

The moment you hear the word “Goa”, there is a complete change in mood. The images of the exquisite churches and architecture, splendid forts and monuments, lush tropical greenery, and narrow rustic lanes pass right in front of our eyes. Easily accessible from major cities in India, Goa is India’s most popular holiday destination. It is a regular escapade, especially for folks from the metros, that helps get away from busy urban routines. Imagine owning an apartment in Goa and being able to go every time you feel like it. An idea that will bring a smile to anybody, this idea is a win-win situation who owns an apartment or wants to rent one. Given the popularity of the emerald state with Indians, and more so with foreign travelers, it can be a smart investment decision.

The Goan economy thrives on tourism and hospitality. Although hotels and resorts are the first choices to stay for tourists, many foreign travelers choose to live in service apartments for longer durations. Also, during the peak season, hotels and resorts cannot accommodate the large influx of tourists. In these times, residential projects in north Goa become the preferred choice for stay, especially for tourists who stay for long durations. The stay is economical and convenient when compared to expensive resorts. The government’s focus on developing other sectors, like pharmaceuticals and manufacturing, is also adding to economic growth and employment generation.

COVID

Everyone was forced to work from home during the COVID pandemic. It is during these times that the concept of staycations became popular. Post-COVID, many corporates are allowing the remote work option. This has created a demand for Goa as a preferred remote location for many professionals. It gives them a choice to enjoy the scenic and bohemian lifestyle and work at the same time. As a result, there is a surge in demand for rental apartments for extended periods spanning over several months and even years.

North Goa

It is known that North Goa is comparatively more developed than the rest of the state. It is popular amongst tourists as it offers a rustic experience of the tropics. The serene and peaceful countryside coupled with the simple life of Old Goa has a calming effect and ensures a feeling of well-being. At the same time, one can always pick and choose from a plethora of restaurants and cafes to socialize. This makes North Goa a preferred location to invest.

Some noteworthy locations that can be looked at by home buyers and investors are Kadambu plateau, Candolim, Saligao, Anjuna, Parra, Ponda, etc. Kadambu plateau is an upmarket locality in North Goa offering premium residences. It is located close to Panjim and other employment hubs. The region has easy access to schools, colleges, malls, hospitals, and other facilities. Reputed developers offer 2 and 3 BHK flats in Kadambu Plateau; the price range of 2 BHK is ₹40 lacs to ₹ 1.2 crores.

DESIGN ARCHITECTS | Ethique Architects & Associates

Ethique Architects & Associates bring over two decades of  design excellence and experience to Ikigai Goa. EAA has specialized expertise in Senior Citizen Housing having designed  multiple projects across India. The young, dynamic team at EAA deeply understands the unique needs of the seniors, which  helps them conceptualize living spaces that accommodate comfort, convenience, dignity and independence of the seniors.

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     The project has been funded by Saraswat Co-operative Bank Ltd.  

    This project is registered under GoaRera Project Registration as Bldg A3 Bldg A4 & Club with Reg.No.PRGO02221540 (Phase 1). Bldg A1 Bldg A2 & Bldg B1 with Reg.No.PRGO11221816 (Phase 2) and is available on https://rera.goa.gov.in/reraApp under registered projects.

    Disclaimer: The plans, specifications, elevation, conceptual designs and visuals, images, computer generated images, dimensions, photographs, furniture, fixtures, amenities, facilities, etc., are strictly provided for representation purpose only and are subject to requisite approvals from the competent authorities unless otherwise stated herein. This does not constitute an offer and/or contract of any nature between the company and the prospective purchaser / customer has independently satisfied himself before any conclusive decision. All brand names and trademarks stands reserved. T & C Apply. March 2023

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    GoaRera Reg.No.:- PRGO02221540