please discuss about capital appreciation and rather Delhi Vs Goa, one should discuss Goa vs Pune vs Bangalore as far as real estate is concerned, few builders are selling by telling that there is no circle rate in goa, it is the last property registration value, which means black component is more prevalent in goan market, whether the garbage management is proper or not, also there are no Jobs in the vicinity of goa, if Yugen infra, lodha kinda of people will start coming and increasing the amount of flats being sold, will all of these flats convert into hotels or Airbnb's, wont it impact the ROI, there will be very minor percentage of people who will consider Goa as their second home, it is just like buying a home in mussorie or lakshdweep or port blair, what are the ROI prospects and how they are going to change with upcoming builders..
There is no appreciation for Goa properties. You are stuck with a dead investment. Rental income is limited. At the most you can expect to rent out the property for a max of 100 days in a year if you are lucky enough else just for around 50-70days is the current average even in a prime location. Reason being there is too much of choice for the tourist. No body will tell you this. These influencers will only blabber about peak season rates which is in the last week of December to around 3rd Jan. Please do your own research before investing in Goa properties. Sharing from my own experience. Not easy to find buyers as there are no proper jobs so no one wants to settle in. Hope this helps you guys before you stick your savings. The property market is overheated and overrated which reduces your ROI. You can be better off investing in Tier 2 and Tier 3 cities where there are jobs and prospects of appreciation
Ok guys, local here. You can buy property here but be ready ready to pay bribe for all the paperwork you will go through. If you like lively atmosphere then go to north goa and if you need to spend your time in peace then South goa. But even if you buy the land legally, your neighbours will always have a problem. All property buyers and locals will know this.
That’s true. Even I noticed the corruption problem in Goa. It is a bit difficult to get the construction done as well but if you have good connections in Goa, things become easy. Also, I feel Goans are really kind and helpful people❤️
I have lived in Mysore for 6 months and I absolutely loved the place. Not sure about the current market trend there. If you think, it is going to be the next Bangalore, owning a piece of Real Estate is definitely a good idea. Please do complete research before investing😊
Dilnawaz: Did you also use Mohidin Real Estate to purchase your Dabolim property which I assume is a piece of land? Also how did you purchase your commercial property?
Yes. I purchased a piece of land in Dabolim through Mohidins and the experience was just amazing. It made me do my second investment in Goa which is a commercial complex. I have purchased this one as well from Mohidins. If you want more details, drop me an email on support@quotientx.in
During my property search in Goa in March this year, I visited Mohidin and was shocked by how overpriced the land was. There are undoubtedly many better options available in superior locations at more reasonable rates.
@@KarunaHazrati-roadscribbles Did my homework with my local Goa contacts and the builder has good track record. I finally registered and got a duplex in phase 7 . The Aansav team was really helpful throughout the process. So far so good ! ( ps: I did ask a few existing owners in phase 1 and they too didn’t have any bitter experience )
@@KarunaHazrati-roadscribbles basically the same area is divided into 7 phases and the floor plan is a bit different for all phases. Currently phase 1,2 are done with and 3 is in progress. Phase 7 is the last phase of the project and is expected to be handed over by end of 2028.
The current price for residential plots would be around 40000 per sqm to 70000 per sqm depending on the location. It depends on a lot of factors like: 1. View (Sea Facing/ Valley Facing, Park facing) 2. Locality 3. Independent or within a gated society
Although I don’t know about the price that they are quoting for this project, but I have generally noticed that they charge a lot of premium. Their prices are almost 2x and I don’t find it reasonable. I would recommend you to talk to more property brokers in that area and try to understand the land price in the area. I am pretty sure that this would not be a project worth investing in.
@@dilnawazwarisi they are offering 1500 sf feet land at 85L. However they are promising facilities like 1L sq feet club house, lots of branded F&B options and all type of party infrastructure in 130 acres of township with only 800 plots. However my fear is the distance from the coast line, that’s making me confused.
@aayushmakkar6247 same confusion as you! Goa has less of large trustworthy listed builders offering such townships but it seems quite far from the prime areas/coastline.
Another way to look at it is that nothing is stopping them from starting new projects in North or South Goa but they still choose to launch new projects in Dabolim. And honestly I feel that Dabolim is one of the best areas in Goa. It is literally 20-30 mins away from the serene beaches of South Goa and 30-40mins away from the popular North Goa beaches. I personally have also invested a lot of money in Dabolim because of its location advantages.
@@dilnawazwarisi Do you know there is coal handling happening at Mormugao Port multiplied into three from current. That is the reason property prices have collapsed there. The reason stopping them from going elsewhere is bulk acquisition they did.
Hi Mahesh! I have actually lived in all these places - Bangalore, Mysore and Goa and I would still choose Goa to spend my life. Anyway, it’s a very personal thing and everyone’s view might differ and that’s okay. Regarding Real Estate, I think Goa is one of the best locations. If you have not already explored Goa’s real estate, you might want to check it out
Hi Mahesh! It depends on the preference I guess. I absolutely love Goa and it offers so much more than sight seeing. I would anyday choose Goa over Bangalore or Mysore.
@@dilnawazwarisi It is up to you and individual choice. But one thing is Goa is meant for enjoyment and for earning and good iiving Cities like Bangalore & Mysore are better
Because delhi is overcrowded and polluted now don't make goa overcrowded and polluted and now the property rates are also increasing in goa.After some year where goa will become overcrowded and polluted because of all these things.
Hey Rohit, Everyone deserves a better life and if someone is moving to Goa for that, I don’t see any harm. However, I completely agree to your point that we should not pollute the place and I hope the government will take care of that. We should have very strict rules around construction
@@dilnawazwarisi Everyone deserves better life is agreed but our ancestral have preserved the goa climate , environment and culture but increase in population and over construction will lead to automatically distrub the goa environment and will get overcrowded like metropolitan cities and there are many other states also to live better life.
@@krishnachoudhary3717 Some of local goan selling the property don't know the reason but non goans people buying the property in goa at any price and specially Delhi people , doing excessive construction to live better life because delhi is polluted and overcrowded. These excessive construction will disturb the goa environment, climate and so on.
It’s okay for them to sell and for us to buy. What I think we should ensure is that we act like responsible citizens. Since, I have purchased a few properties in Goa and also plan to spend my life there, I would do all I can to keep Goa clean. We should never take away Goa’s charm and anyone who buys anything in Goa, should consider it as their responsibility to keep the way it is❤️
@@dilnawazwarisi very good podcast with valuable information...try to put your vlog on the showcasing the properties you have purchased and help people to plan..
Haan ji bilkul. Maine isi liye apna Hindi channel banaya tha Pehle din se. Aap usme saare videos Hindi me dekh skte ho. Ye video English me isliye hai kyuki jinse mai baat kr raha hun wo English me hi zyada comfortable the
