PROJECT REPORT FOR REAL ESTATE INVESTMENT IN GOA

BEST RESIDENTIAL LOCATION OF SOUTH GOA

• MARGAO (Margao is a city in the western Indian state of Goa. Its

Portuguese colonial past is evident in buildings like the 1675 baroque Holy
Spirit Church, with its ornate interior and pipe organ. Sat Burzam Ghor is a
grand 1700s mansion with 3 of its original 7 gables remaining. Margao
Municipal Garden includes the colonial Municipal Building and library.
Southwest, in Benaulim, the Goa Chitra Museum exhibits ancient tools.)

• DONA PAULA (This bay area is a tourism destination with a resort &
restaurants in a one-time fishing village. (Taj Cide-de-goa)

• COLVA Colva is a coastal village situated in the Salcete taluka,

in South Goa district, of Goa state on the west coast of the Indian
subcontinent. Colva Beach spans about 2.5 km along a sandy coastline of
approximately 25 km extending from Bogmalo in the north to Cabo de Rama
in the south. (Club Mahindra Acacia Palm)

• PONDA Ponda northeast of Margao, the district headquarters. Ponda

is also known as "Antruz Mahal" because of the presence of numerous
famous temples and rich cultural heritage. (Not a beach Property)

• BENAULIM Benaulim is a village in the state of Goa, India. Located in

Salcete taluka of South Goa district, it neighbours Colva village to the north,
Margao in the northeast and Varca village to the south. During Portuguese
rule, it was one of the nine communidades in Salcete (Area between
Colva & Varca. Beach facing area)

• VARCA Varca is a census town in South Goa district in the

Indian state of Goa (Club Mahindra Emerald Palm/ Taj Exotica)

• NAVELIM Navelim is a census town and fast growing suburb of the city
of Margao located in the Salcete sub-district of South Goa district, Goa, India.
It has a large parish and has played a crucial rule in South Goa politics at
some stage. The region falls in the coastal South Goa sub-district of Salcete.
(Not a beach property)

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BEST BEACHES OF SOUTH GOA
• Mobor beach
• Palolem beach
• Varca beach
• Cavelossim beach
• Betalbatim beach
• Agonda beach
• Majorda beach
• Bogmalo beach
• Colva beach
• Benaulim beach

TOP CLUBS IN SOUTH GOA

• Silent noise
• Neptunes
• Alpha
• Black noise

5 STAR RESORTS IN SOUTH GOA

• Radisson blu
• Grand hyatt
• Itc grand
• The lalit
• Taj exotica
• Club Mahindra

SOUTH GOA CULTURE

• Slow city
• Old portugese culture
• Dominant society

AIRPORT

• Goa international airport

• 90 mins drive to north goa

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REAL ESTATE PRICE IN SOUTH GOA

• Min to max 20000/- sqmtr to 25000/- sqmtr

• Price doubled since 2019.

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BEST RESIDENTIAL LOCATION OF NORTH GOA

• PORVORIM (Porvorim, is the de facto legislative and executive

capital of the state of Goa as both the Goa Legislative Assembly and
Secretariat are functioning from the same complex in the region of
Alto Porvorim in porvorim.. It is also the De facto judicial capital of
Goa.)

• MAPUSA (Mapusa is a town in North Goa, India. It is situated 13 km

north of the capital Panaji. The town is the headquarters of Bardez
Taluka. It is located on the main highway NH-17, linking Mumbai to
Kochi. In Portuguese, the town is known as Mapuçá)

• CALANGUTE (Calangute is a town in the western Indian state of Goa.

Standing on the shores of the Arabian Sea, it’s home to long, sandy
Calangute Beach, lined with restaurants and bars. Farther north,
Baga Beach is a popular spot for water sports. To the south, the
sturdy walls of Aguada Fort, built in the early 1600s under
Portuguese colonial rule, surround a 19th-century lighthouse.)

• SIOLIM (Siolim is a village in Bardez taluka, and a census town on

the central west coast of India, in the North Goa district of Goa. The
2001 population was 10,311, and 10,936 in 2011. Siolim is also the
name of a constituency in the Goa assembly, which includes Assagao,
Anjuna and Oxel, in addition to Siolim)

• CANDOLIM (Candolim is a small town in the western Indian state of

Goa. Standing on the shores of the Arabian Sea, it’s known for
Candolim Beach and, to the north, lively Calangute Beach. In the
south, the sturdy walls of Aguada Fort, built in the early 1600s under
Portuguese colonial rule, surround a 19th-century lighthouse. The
whitewashed, centuries-old Church of St. Lawrence stands on a
nearby hill.)

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 BEST BEACHES OF NORTH GOA

• Sinquerim
• Calangute
• Baga beach
• Chapora
• Anjuna
• Querim
• Vagator

5 STAR RESORTS OF NORTH GOA

• Le meridien
• Double tree by hilton
• Deltin
• Resort rio
• Marriott
• Novotel
• Club mahindra
• Westin

ALL MAJOR CLUBS ARE IN NORTH GOA

• Cruize point club

• Lpk water front
• Sinq club
• Hammerzz club
• The white goa
• Club titos
• Café mambos

CULTURE OF NORTH GOA

• Live & fast city

• Adopted delhi & mumbai culture
• Late night city
• Major clubs & resorts located in north goa
• Major brands available in north goa

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 AIRPORT

• Manohar international airport, Mopa

• 20 mins drive to city north Goa

REAL ESTATE PRICE IN NORTH GOA

• Min to max 45000/- sqmtr to 100000/- sqmtr

• Price got 4 to 5 times since 2019

SUMMARY

• Infrastructure improvements: in recent years, goa has made

significant investments in improving its infrastructure, including the
construction of new highways, bridges, and airports. This has made
it easier for tourists and investors to travel to and within goa,
• Potentially increasing demand for state-owned properties.
• Smart city development: goa has been chosen as one of the cities
under the smart city mission, which aims to create cities that are
both sustainable and friendly to citizens. The development of smart
cities could create a conducive environment for real estate
investments in goa.
• As per real estate market north goa is more stable & out of 365 days
280 days of annual tourisim business. Most of the clothing brands
foods outlets party places club night life happens in north goa. In last
5 years property prices got 4 to 5 times because of real estate
invester from delhi ncr, mumbai, gujrat.

• South goa is community dominant. Luxury resorts are located in

south goa. Late back city with low night life.

• Property prices in goa range from rs 4,500 per (sq ft) to rs 12,000
per sq ft. In goa, a home with a sea view may cost upwards of rs 2
crore. Properties in north goa cost more than in south goa. Rental
yields range from 6 to 15 per cent.

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PORVORIM is a growing area in north goa and investing in a co-living space here
could be a good opportunity to cater to the growing market of remote workers and
digital nomads.

• Porvorim is a popular residential area in north goa that is known for its
calm and peaceful environment. Investing in a co-living space in porvorim
allows you to meet the high demand for affordable and comfortable housing
in a prime location.
• Over the years, the demand for co-living spaces in porvorim has steadily
increased, owing primarily to an influx of young professionals and students
who prefer shared living arrangements. Investing in a porvorim co-living
space could provide an appealing opportunity to generate rental income
from long-term lease agreements with young professionals and students.
• Because of the growing demand for shared living spaces among young
professionals and students, co-living spaces in porvorim can result in high
rental yields. This can result in substantial returns on investment.

• Because co-living spaces are designed to be low-maintenance and have

common areas that tenants can share, they typically have lower
maintenance costs than traditional rental properties.

• Porvorim is a rapidly developing area, and the demand for co-living spaces
is expected to grow in the future. Investing in a co-living space in porvorim
could lead to potential value appreciation in the long run, making it a
potentially lucrative investment opportunity.

CANDOLIM VACATION HOME

Condolim is a popular destination in north goa and investing in a vacation home

here could be a good opportunity to generate rental income during peak season.

• Candolim is a popular tourist destination in north goa known for its

beautiful beaches, vibrant nightlife, and diverse entertainment options.
Purchasing a vacation home in candolim allows you to meet the high
demand for vacation rental properties in a prime location.
• The demand for vacation rental properties in candolim has steadily
increased over the years, owing primarily to an influx of tourists seeking a
homey and comfortable stay. Purchasing a vacation home in candolim may
present an appealing opportunity to generate rental income through short-
term rentals to tourists.
• Investing in a candolim vacation home allows you to diversify your income
stream by generating rental income from both short-term and long-term
rentals.

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 • Candolim vacation rental properties can have high rental yields, especially
during peak seasons when demand is high. This can result in substantial
returns on investment.
• Investing in a vacation home in candolim allows for personal use during the
off-season, allowing you to enjoy the amenities and beauty of the location
whenever you want.

PANAJI LUXURY CONDOMINIUM

• Panaji, goa's capital city, is known for its vibrant culture, historical
significance, and cosmopolitan lifestyle. Purchasing a luxury condominium
in panaji allows you to meet the high demand for premium properties in a
prime location.
• Panaji luxury condominiums provide a variety of high-end amenities such as
24-hour security, swimming pools, gymnasiums, landscaped gardens, and
concierge services. These amenities appeal to the discerning tastes of high-
net-worth individuals, resulting in high rental yields and significant capital
appreciation.
• Over the years, the demand for luxury condominiums in panaji has steadily
increased, owing primarily to the influx of tourists and expatriates who
prefer a luxurious lifestyle. Purchasing a luxury condominium in panaji may
present an appealing opportunity to generate rental income from long-term
lease agreements with high-net-worth individuals.
• Property prices in panaji have been steadily rising over the years, and this
trend is expected to continue. Investing in a luxury condominium in panaji
may result in significant capital appreciation over time, making it a
potentially profitable investment opportunity.
• Goa is known for its safety and security, making it an appealing destination
for tourists and expatriates alike. Investing in a luxury condominium in
panaji allows you to meet the high demand for premium properties with
cutting-edge security features.

MAPUSA RESIDENTIAL PROPERTY

Mapusa is a rapidly developing area in north goa and investing in a property here
could be a good opportunity to capitalize on the growing demand.

• Mapusa is one of the most prominent commercial and residential areas in

north goa, known for its bustling markets, business centers, and easy access
to other parts of goa.

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 • Mapusa has a well-developed infrastructure with several amenities and
facilities, such as hospitals, schools, colleges, banks, and public transport.
Investing in a residential property in mapusa could provide an attractive
option for people seeking a strategic location with good infrastructure and
amenities.
• Due to the high demand for residential spaces in mapusa, potential rental
yields could be high, making it a profitable investment.
• Mapusa has experienced consistent growth in property prices over the
years, and this trend is expected to continue. Investing in a property in
mapusa could result in significant capital appreciation over time, making it a
potentially profitable investment opportunity.

CALANGUTE SERVICED APARTMENT

Calangute is a bustling area in north goa and investing in a serviced apartment here
could be a good opportunity to cater to both tourists and business travellers.

• Calangute is a popular tourist destination in north goa, known for its scenic
beauty, beach shacks, water sports, and nightlife. Purchasing a serviced
apartment in calangute may be a good way to meet the high demand for
short-term rentals among tourists.
• Over the years, there has been an increase in demand for serviced
apartments in goa, particularly among tourists looking for comfortable and
convenient accommodations. Investing in a calangute serviced apartment
could provide a good opportunity to generate rental income from short-
term rentals.
• Serviced apartments in calangute frequently include a variety of amenities
and facilities, such as housekeeping, laundry, room service, and security,
making them an appealing option for tourists looking for a stress-free stay.
• Due to the high demand for short-term rentals in calangute, potential rental
yields could be high, making it a profitable investment.
• Calangute has been experiencing steady growth in property prices over the
years, and this trend is expected to continue. Investing in a serviced
apartment in calangute may result in significant capital appreciation over
time, making it a potentially profitable investment opportunity.

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BAGA BEACHSIDE COTTAGE

Baga beach is a popular destination in north goa and investing in a seaside cottage
here could be a good opportunity to generate rental income.

• Baga beach is a popular tourist destination in goa, known for its vibrant
nightlife, beach shacks, and water sports activities. Purchasing a cottage
near baga beach could be an excellent way to meet the high demand for
short-term rentals among tourists.
• Cottages near baga beach are frequently priced more affordably than luxury
villas or apartments, making them an appealing investment option for those
on a tight budget.
• Demand for short-term rentals in goa has been steadily increasing over the
years, particularly during peak tourist season. Purchasing a cottage near
baga beach could provide an excellent opportunity to generate rental
income from tourists looking for low-cost lodging.
• Property prices in baga beach have steadily increased over the years, and
this trend is expected to continue. Investing in a cottage near baga beach
could result in significant capital appreciation over time, making it a
potentially profitable investment.
• Investing in a cottage near baga beach could not only generate rental
income but also provide an opportunity to enjoy a unique lifestyle with
access to the beach, restaurants, and nightlife.

CLOSURE:-

DATE :28th September 2023

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