Goa is the one of the few places on earth where life is measured by the rhythm of the tide and not by the ticking of the clock. People lay their foot in Goa to witness the symphony of the ocean; And in the process they rediscover themselves and ascertain the ultimate philosophy of life: “It is more fruitful to be content with the present than rush towards the future that hasn’t arrived yet”.
While this ideology has always defined Goa as a holistic getaway destination, the Real Estate Developers in Goa have forged a unique identity for themselves as the harbingers of Goa’s infrastructure development revolution.
The journey of Real Estate Developers in Goa is nothing short of exhilarating. The transformation has been sheerly dramatic – From modest holiday retreats to world-class luxury homes.
THE 1990S: THE CLASSIC ERA OF REINVENTION OF THE GOAN PROPERTY MARKET
The 1980s and 1990s can surely be categorized as the evolving period for Real Estate Developers in Goa. During the end of the 20th century, the targeted market for 1 and 2 BHK apartments in Goa was strictly locals.
It was a relatively saturated real estate market in the 1980s with few developers and fewer buyers. Industrial development in Goa was in its infancy stage and there were limited earning opportunities due to which buying an apartment in Goa was a distant dream for the native denizens.
THE 2000's: THE REAL ESTATE BOOM AND THE "SECOND HOME" WAVE
The arrival of the new millennium brought about a paradigm switch not only for Goa’s property market but also for the real estate developers in Goa. India’s economy started soaring towards the end of the 1990’s due to the liberalization wave and the country’s metropolitan cities became the ultimate symbol of upper middle-class affluence.
Expat Indians living in English-speaking countries also joined the race and harboured a desire to own a slice of paradise in Goa.
A home in Goa was now considered as a prized possession among NRI’s and metropolitans due to its coastal charm and laidback aura. Goan and national developers started responded by developing tailor-made residences suited to cosmopolitan buyers.
RISE OF SOUTH GOA: A SUPERLATIVE REAL ESTATE DESTINATION
The first decade of the 21st century (2000-2010) saw rapid urbanization of South Goa. The three most vital urban centres of South Goa namely Vasco-da-Gama, Margao and Ponda developed into bustling real estate hubs. Especially Vasco-da-Gama conquered new territories in real estate and with due support from its suburbs Chicalim, Dabolim & Zuarinagar, this strategic Port Town of Goa carved a name for itself as a preferred place to purchase a home and settle down due to its strategic location and accessibility.
2010-2019: THE PERIOD OF CONSOLIDATION
The period from 2010-2019 further cemented Goa’s status as a real estate colossus and heralded a new beginning for South Goa’s Real Estate Sector. Real Estate Developers in Goa started partnering with national architects of repute to create lifestyle properties which showcased ‘resort-style’ gated communities with swimming pool, 24/7 Security and other modern amenities.
THE POST-2020 SHIFT: WHY SOUTH GOA IS THE FUTURE?
South Goa is the epitome of sumptuous and opulent living. Property buyers are giving preference to South Goa due to its mesmerizing shoreline, unruffled serenity and abundant naturescapes. Post-2020 the entire world order has gone through radical transformations. The ‘Work From Home’ concept also known as Telecommuting has altered the very fabric of holiday homes in Goa and transformed them into hybrid residences where residents work and reside at the same time.
Buyers have shown an inclination towards South Goa because of its reliable infrastructure, serene environment and continuous peace of mind. Real Estate Developers in Goa have realised that South Goa scores an ace as far as holistic residential properties are concerned.
POETREE HOMES: WEAVING A NEW NARRATIVE FOR SOUTH GOA
At Poetree Homes, our properties are designed and conceptualized after conducting a detailed analysis of this 30-year history of Goa’s Real Estate landscape.
We believe in being a premium real estate developer in Goa that respects Goa’s tranquillity and safeguards its rich culture, heritage for future generations to cherish and revere.
Here is a gist of postulates which sets Poetree Homes a class higher than its contemporaries:
Sustainable Luxury: Poetree Homes are a company driven by innovation and green governance. We aspire to implement full-wall glass windows for cross-ventilation, solar energy, eco-friendly materials and carbon-neutral construction techniques in all our projects.
The "Poetree" Philosophy: We aspire to construct living spaces that breathe. Our abodes reflect the very ethos of our company’s numerical significance: “While "Poetree" represents the artistic intentionality and organic stability of the builder, while our flagship project "82 Ocean Crest" represents the fusion of the groundedness of the tree and the fluidic energy of the “Ocean”.
Conclusion: To conclude, it can be reiterated that Real Estate Development in Goa is about who builds the most sustainable homes that display concern for the environment while providing a lifestyle experience for the buyers. Poetree Homes are at the decisive juncture of this revolution - with abodes that showcase a fusion of modernity and sustainable growth.
-------Author Prashant Naik--------
