Source: The Economic Times ( https://bit.ly/3DwgEDI )

Goa is seeing a rise in demand for luxury homes among startup founders, business families, and sports personalities post-Covid. The region offers unspoiled environments and serene lifestyles. Real estate developers are investing in high-end properties despite the supply gap. Infrastructure improvements are making Goa an attractive destination for second homes. Wealthy Indians continue to favor Goa for vacation homes.

Goa’s tourism industry has been a subject of growing debate in recent years, with some arguing that it has become too expensive compared to foreign beach destinations. However, despite concerns, one aspect of Goa’s appeal is on the rise: the demand for luxury homes, particularly among startup founders, business families, and sports personalities.
Rising Demand for Luxury Homes in Goa

The post-Covid era has seen a marked increase in demand for luxury properties in Goa, with real estate developers noting a preference for expansive homes that offer breathtaking views and larger living spaces. “Post-Covid, we’ve seen an influx of people seeking boutique properties with expansive views and larger living spaces. However, the supply of these exclusive homes is constrained, which heightens the competition,” Amit Goyal, MD of India Sotheby’s International Realty shared earlier this year.

Goa’s natural beauty, especially its tranquil beaches in the North and South, combined with its growing infrastructure, have made it an attractive location for luxury real estate.