India’s ultra rich redirecting their investment focus to residential real estate

India’s affluent class has been increasingly redirecting their investment focus towards residential real estate for some time, marking a notable change in the country’s investment landscape. This transition emphasizes changing trends in investment preferences and reflects the motivations driving the elite’s choice to invest in residential properties.

Tourism: A Catalyst For Real Estate Growth

The inauguration of the new International Airport at Mopa, Goa also led to an increase in tourism, thus impacting the demand for vacation rental homes, hotels, and stay options in Goa. Capital values in surrounding areas have thus doubled in the last three years.

Goa still the top hot spot for vacation homes among HNI’s

At least 35% of holiday home buyers mentioned Goa as their preferred destination, highlighting the enduring appeal of Goa’s lifestyle among India’s wealthy.

Why are investors looking for real estate opportunities in Goa?

Goa’s real estate allure extends beyond its picturesque landscapes; it encompasses a lifestyle and cultural experience that investors find irresistible. As the tourism sector continues to grow, investors see the potential for robust returns on their real estate investments, especially in areas frequented by tourists.

2024 Outlook For India’s Real Estate Sector

The residential sector exhibits substantial growth potential, underscored by sustained demand over the past few years, complemented by consistently stable interest rates and robust GDP expansion. Notably, there is a pronounced demand for mid- and high-priced residential properties.

Top 6 emerging housing trends in Goa

Goa’s housing trends seamlessly blend sustainable living, luxury retreats and community-centric living, showcasing the state’s remarkable capacity to embrace modernity without compromising its cultural legacy.

India to urbanise at around 50% by 2050

With the country expected to urbanise at a rate of around 36 percent this year and 50 percent by 2050, the focus will shift to tier-2 towns.

Goa – a preferred destination for second home buyers

Goa has emerged as a preferred destination for second home buyers owing to high rental yields ranging from 4-10% approximately.

Discover Goa: The Perfect Place to Call Home

The high quality of life and standard of living in Goa is one of the primary reasons why so many people are choosing to purchase property there. Goa offers residents a tranquil and unhurried environment, making it an ideal place to relax and let go of stress.

RBI repo rate pause brings relief to home buyers, real estate sector

The Reserve Bank of India’s decision on Thursday to keep the repo rate of 6.50 per cent unchanged came as a huge relief to the real estate industry as well as home buyers paying back home loans.