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.
A report by real estate firm Anarock found that 71 per cent of NRIs consider investment in the Indian housing market as the best bet, markedly higher than 55 per cent in a pre-Covid edition of the survey.
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.
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.
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.
Real estate is often described as one of the safest investment options. Despite several investment avenues that are available today, several youngsters aspire to buy property at a young age. Let’s understand the reason behind this trend.
The growth comes after a lull of several years and the housing finance companies are well poised to tap this opportunity aided with sectoral reforms such as RERA and GST that have brought in the much needed transparency