Mopa Airport is likely to draw about Rs 2,700 crore of investments from builders and hoteliers until 2030 as the upcoming North Goa Aviation gateway becomes the transport hub replacing Dabolim.
Real estate investing is a common feature of the Indian economy. Indians typically purchase property with the intent of investing or renting it out. Initially, developers and brokers believed that this trend was solely due to working from home (WFH), but it is still a force to be reckoned with.
The price hike in the real estate sector, which started around late 2021 and continued till the first few months of 2022, ranged between three and nine per cent. Experts state that this is the peak and prices would be stable till the end of the year.
A good investment has the potential to transform our lives by providing us with sufficient funds to pursue our dreams. A guide to what you need to understand if you are planning to invest in Real Estate.
In India, investing in real estate has historically been seen to have various advantages. And for good reasons. It is feasible to leverage real estate and create wealth via the use of well-chosen assets that provide consistent cash flow, high yields, tax benefits, and diversity of portfolio.
Historically, airports have been catalysts of real estate activities. Airports are large-scale logistic projects that can seamlessly connect a region with the rest of India and the world, thereby bringing the spotlight on the region.
Starting small with your first house can be a great beginning in homeownership as it is a reliable form of security when the chips are down.
As the realty sector is highly dependent on bank financing for both builders and customers, it was anticipated that rising rates will impact post-pandemic recovery and slow down sales.
Real estate investment or buying property in Goa is set to become costlier with the MOPA Airport starting operations soon. The new airport will be a growth multiplier for real estate demand in the coastal state of India which is already enjoying a bull run after the pandemic.
The residential real estate sector in India has once again proved to be a bright spot by contributing to the country’s overall GDP, thereby making the economy more vibrant and optimistic.