Financial Express-How Govt-led development will shape Goa’s property market
Driven by its scenic beauty, relaxed lifestyle, and strong tourism-driven economy, Goa’s real estate market has been a hotspot for investors, second-home buyers, and NRIs. The state’s property market has evolved beyond vacation homes, witnessing growing demand for luxury residences, high-yield rental properties, and commercial developments. Further, policy initiatives promoting sustainable tourism, ease of doing business, and affordable housing are shaping its future. These developments are expected to drive property appreciation, making Goa an attractive long-term investment destination.
Recent data shared by Savills India Research showed that the prices of some of the new villa properties in Goa compare with the apartments in South Mumbai and South Delhi that are priced between Rs 7 crore and Rs 10 crore. While luxury villas and second homes remain popular, there is a rising demand for premium apartments, gated communities, and high-yield rental properties. Domestic buyers, NRIs, and institutional investors are increasingly looking at Goa as a stable investment destination.
