Investment opportunities in Goa real estate
By Escala Admin Posted in Blog On November 20, 2016
Investment opportunities in Goa real estate
By Escala Admin Posted in Blog On November 20, 2016
Goa is a small state with about 3,700 sq km area. Of these, green areas, beaches, etc. comprise about 80-85 percent, road/rail network covers about two percent, and public utility land or government buildings are another two to three percent.
About 8-10 percent of developable land remains, out of which about six to seven percent is already developed. Only two to three percent is available for further development or redevelopment. Then we have to factor in titles not being clear or the owners not being willing to sell/develop their plots. So hardly one percent is actually available, making clear title land or developed property in Goa a very scarce and valuable commodity in view of the demand by the 1.25 billion Indians as well as multitude of expats/foreigners who want to live or invest here.
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