Goa has emerged as a popular destination for holiday homes

One of the reasons for preferring Goa is higher rental yields compared to other parts of India. Residential yields are highest in Goa. While outside it’s in the range of 2-3%, in Goa, the yield is in the range of 5-6%, almost double.

NRIs are buying more houses in India than before

Investments by non-resident Indians (NRIs) into the Indian real estate market has surged over the past 20 months, growing at 15-20 per cent and their share in total investments in the sector is expected to rise to a fifth from 10-15 per cent earlier. In 2023, NRIs invested over $13 billion in real estate and by 2025, their investments are expected to account for 20 per cent of total real estate investments in India.

Goa’s Second Home Market Thrives with 5-8 per cent Rental Yields

Second homes are a compelling opportunity in Goa’s luxury real estate market. Not only are they generating attractive rental returns, but there’s also a surge in demand, particularly for gated coastal villas and large apartments with ample bedrooms. This trend is being driven by millennials seeking idyllic getaways and NRIs capitalising on currency advantages.

Young professionals are now investing in Goan real estate

Young professionals find the Goa market attractive for property investment; Gated villas in Grade A locations command a rental yield of 5-8%. Buyers for second homes are not only end buyers but retail investors seeking both rental returns and capital appreciation.

Investing in vacation homes; Goa’s emerging real estate trends

Tourist destinations near beaches, hill stations, and non-metro cities with favourable climates, nature access, and proximity to the sea, countryside, or mountains are preferred places and being the real estate haven, Goa is the first love for connoisseurs investing in vacation homes as 35% of holiday home buyers preferred Goa as a second home destination.

Is India’s Red-Hot Real Estate Market Near A Peak?

India’s real estate market boom is still a few years away from peaking. But the cycle’s longevity could turn on a few factors, good and bad, say realty experts. It will hinge on not just a more widespread demand for homes and offices but also smart supply and price management by the country’s top developers.

Goa’s transformation from tourist destination to luxury real estate haven

Goa, once synonymous with sandy beaches, vibrant nightlife, and a quintessential escape for tourists, is undergoing a remarkable transformation. This coastal paradise is now a top choice for affluent Indians looking to invest in luxury real estate, shifting its identity from a mere vacation spot to a prestigious investment haven.

Goa rules as far as second homes are concerned

Beyond its pristine beaches and vibrant culture, Goa’s real estate market surges dynamically, offering a fertile ground for astute investors to sow the seeds of prosperity. As the demand for second homes grows across India, Goa emerges as a frontrunner, weaving dreams of opulent living across sun-kissed sands and verdant landscapes.

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.

Real estate in India to scale new heights in 2024

The real estate sector in India has experienced remarkable growth in 2023 and industry experts anticipate the homebuying sentiment witnessed in 2023 to persist in 2024 also.