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.
Boost the value of your property
Enhancing the value of your property isn’t just a matter of pride; it’s a strategic move that can yield substantial returns on your investment.
Best Areas To Invest In Goa In 2023
Goa has been emerging as an attractive destination for investments in 2023. With significant investments in improving its infrastructure, including the construction of new highways, bridges, and airports. This has made it easier for tourists and investors to travel to and within Goa, potentially increasing demand for state-owned properties. Purchasing a property in Goa can provide not only rental income but also the opportunity to enjoy a vacation home or retire in a peaceful and picturesque setting.
A primer on how to buy a property in Goa
Planning to buy a second home in Goa, especially now that the new airport in Mopa is operational? To start with, a prospective homebuyer should know that the Land of Beaches has emerged as a preferred choice among buyers of second homes on account of the high rental yields it offers. These typically range from 4 percent to as high as 15 percent for luxury sea-facing properties.
Flurry of development due to Mopa Airport
The North Goa region is on the brink of a construction boom, with a surge of development activity taking place near the Manohar International Airport (MIA), an area that has traditionally lagged behind socio-economically. This previously overlooked zone is now bustling with a multitude of development ventures. In addition to the contemporary amenities housed within the airport premises, there are ambitious mega projects valued at Rs 2,300 crore on the horizon.
How to save tax using your home loan
Every home loan borrower should be aware of the following income tax rebates on home loans. The EMI you pay is made up of two parts: principal repayment and interest paid. The major component of the EMI can be deducted under section 80C of the Income-tax Act of 1961 for self-occupied property.
Commercial Vs Residential for the best returns
By carefully evaluating the market conditions, conducting due diligence, and considering personal investment goals, investors can make well-informed decisions to maximise their returns in the dynamic real estate market of 2023-24. Both sectors offer unique advantages and challenges, and understanding the market dynamics can help investors make informed decisions to maximise their returns.
Housing market predicted to stay robust
Real estate industry expects housing demand to remain strong with the RBI keeping key interest rate unchanged and is hopeful for a repo rate cut in next round of monetary policy to boost growth. This will help the housing sector that has been performing well from the past two years.
Decor Ideas To Transform Your Rented Home
Welcome to the world of endless possibilities, where even rented accommodations can be transformed into exquisite havens of style and sophistication. Don’t let the constraints of temporary living dampen your design spirit.
Goa among top choice in real estate market for second homes
The high demand for second homes in Goa, particularly in the luxury segment, is growing with most of the demand focusing on the Rs 1 crore to Rs 3 crore price band, shows research by a property research firm.