Real Estate, Panjim Advantage for Goa
Panjim witnesses maximum number of real estate transactions in Goa. Its proximity to the seaside has boosted real estate in the region. A growing number of people are purchasing property in Panjim, including Indian and foreign travelers. The trend has led to a significant rise in real estate prices in the area.
The demand is mostly for 2 BHK to 3 BHK apartments and villas in Goa. Although, owing a sea side villa in Goa is a dream everyone treasures but apartment trend is also catching up fast. The average monthly rental value for a 2 BHK apartment at Panjim is around Rs 20,000 to Rs 28,000 per month.
Presently, Panjim is the priciest place to acquire land. In the last one year the land capital value in Panjim has almost doubled, while other places across the state have seen a steady 20% increase, media reports. Other locations near the state capital, including Miramar, Caranzalem, Bambolim, Porvorim, and Dona Paula are also experiencing a similar trend in the property values.
Cashing on this, renowned real estate developers are coming up with their projects in Panjim and nearby areas. There is Jai Bhuvan developers, Sanatan Financers & Real Estates Pvt. Ltd, Sapna Real Estate and Chowgule Real Estate and Construction Pvt Ltd (CREC) to name a few.
Recently, Dubai-based multinational company Phoenix Group's subsidiary, Phoenix Realty, announced the launch of a high-class residential project in Goa with an investment of Rs 450 crore. The venture Phoenix Palms, in Panjim spread over 70 acre. It will consist of 200 villas and 100 apartments.
With such a dynamic property market where investments are pouring in far and wide by way of realtors, NRIs and HNIs, Panjim is leading the way for Goa Real Estate industry.
George Gonigal provides you the best and latest information on Goa Builders, If you want to Buy Apartments in Goa, he suggests you log on to magicbricks.com
Related Tags: property, real estate, properties, buy, sell, builders, goa
Your Article Search Directory : Find in Articles
Recent articles in this category:
- Phoenix, Arizona Homes For Sale and Why You Should Start Looking Now....
Arizona homes have always been a hot commodity. Many people love the dry desert climate of the South - Phoenix Arizona Real Estate - Don't Buy Without an Agent
Arizona real estate can be a tricky market to get into if you're not prepared for what you're doing. - Sucamous Real Estate Gives You The Best Investment Opportunity
Sicamous, the houseboat capital of Canada, is a striking tourist hot spot with four distinct seasons - Home Improvement, Making Your Kitchen Usable
Have you ever strolled into your kitchen still sleepy from that Saturday morning slumber to put - Real Estate, What Is The Whole Deal About The Sale Of The Bank Foreclosed Houses?
All of us know about the various bank foreclosure house sales that take place almost bank every - Real Estate, Foreclosed homes For Sale - A Great Opportunity For Investment
A lot of people involve their properties or homes in contracts with mortgage options, however, a - Top Ten Ways To Get The Best Home Buy
1) Get pre-approved by a reputable lender- Be sure you have a pre-approval letter in hand and prese - Don't Let A Bad Lender Or Attorney Ruin Your Real Estate Closing
As a long time local Realtor, I have seen many closings get postponed or never closed due to the fau - Miami Real Estate - 5 Investing Tips
Real estate investors face many new challenges in today's Miami real estate market. The investor mus - Real Estate, Real Estate: Home Inspection When Buying New Orleans Properties
New Orleans real estate took a big hit with the multitude of hurricanes that have passed through
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv
