Goa’s residential market soars: 66.3% price surge makes it a prime investment hub
Goa is emerging as a hot spot for real estate investment, with residential property prices skyrocketing by 66.3% year-on-year, according to Magicbricks, a prominent online real estate platform. This surge is cementing Goa’s reputation as a go-to destination for vacation homes, retirement properties, and long-term rental investments.
Is your rent burning a hole in your wallet? Find out if buying is better
Despite the crazy price appreciation in real estate over the years, ownership has continued to be a primary focus for many buyers. People are increasingly viewing property as more than just a place to live—it’s becoming a vital investment tool.
Why Tier 2 & 3 cities are becoming India’s new real estate hotspots
As affordability, connectivity, and luxury converge, Tier 2 cities are no longer secondary choices; they are the future of real estate in India. With skyrocketing property prices in metropolitan areas, buyers are increasingly drawn to the spacious and cost-effective housing options available in Tier 2 and 3 cities.
Nationwide RERA Platform To Simplify Homebuyer Access To Project Details
In a game-changing move for home buyers, the Housing and Urban Affairs Ministry, in collaboration with the All India Forum of Real Estate Regulatory Authorities (AIFORERA), is finalising a plan to create a uniform RERA platform. This system will consolidate project details from all states, making it easier for buyers to check project statuses and builder track records.
Capital Gains Can Be Invested Multiple Times To Buy A New Residential House Property
Income Tax allows exemption on the long term capital gain if you invest the gains/consideration in a new residential property subject to certain conditions. Recently, the Income Tax Appellate Tribunal (ITAT) Delhi has allowed multiple-year exemption u/s 54F for an under-construction house. It held that taxpayer can invest capital gains for the second or third time also towards the same new house property.
Goa Budget 2025 proposes an affordable housing policy
Goa Chief Minister Pramod Sawant has said that the government will develop a comprehensive housing policy to provide affordable housing for Goans through the Goa Housing Board to address real estate and housing concerns in the state.
How Govt-led development will shape Goa’s property market
Government-led infrastructure projects and improved urban planning are set to transform Goa’s real estate landscape. These developments are expected to drive property appreciation, making Goa an attractive long-term investment destination.
Mumbai-Goa Expressway transforming real estate landscape
Goa Real Estate News: Mumbai-Goa Expressway is set to drive economic activity. The improved road network between India’s financial capital and Goa will unlock new economic corridors and create investment-friendly opportunities across multiple sectors.
HNIs, foreign funds continue to be bullish on Goa’s realty
Demand for holiday homes in Goa by wealthy investors and interest among foreign funds to acquire hospitality assets continue to remain strong, despite claims in certain quarters about a dip in tourism activity, say real estate consulting firms and developers.
Second home market in India surges: Goa, Ayodhya lead
Second home and vacation rental market in India is growing at a staggering speed with the current market sized over USD 3 billion. Indian buyers are now actively scouting for such properties in picturesque locations like Goa. The growth in the market is propelled by a slew of factors such as rise in income, demand for wellness-driven lifestyle, increase in staycations & remote working culture, etc.