The Vasco, Dabolim and Zuarinagar Corridor is South Goa’s best kept secret as far as investment in real estate is concerned. This emerging region is the best alternative to North Goa’s coastal bedlam.
South Goa offers something for all types of real estate buyers: For a home-buyer with a family-of-four looking for a 2/3BHK apartment, an investor seeking appreciation potential or a digital nomad looking for peaceful place to carry out his creative portfolio.
Herein we will explore why this corridor deserves the attention of real estate buyers
PART 1: STRATEGIC LOCATION & CONNECTIVITY:
THE AIRPORT ADVANTAGE THAT CHANGES EVERYTHING: Since ancient times, people have shown an inclination to travel from one part of the world to another. In today’s age, when it boils down to purchase of real estate, preference is always provided to location close to transport hubs: Airport, Railway Terminals and Ports so that commuting to other parts of the country as well as world is hassle-free affair.
Those who purchase a property in the Vasco, Dabolim and Zuarinagar Corridor are literally at the doorstep of Goa’s primary international Airport. Vasco city also boasts of the Vasco-da-Gama Railway Terminal (An important Hub of South-Western Railway), Mormugao Sea-Port and the Interstate Bus Terminal (which makes commuting to Maharashtra and Karnataka more pleasing). These factors make Vasco-da-Gama the ultimate transport Hub of Goa.
STRATEGIC ADVANTAGES FOR FREQUENT FLYERS
- 10 to 15 minutes from Dabolim Airport
- Advantage of boarding early morning flights
- Perfect for business professionals who commute regularly to metropolitan cities.
FOR INVESTORS & DEVELOPERS:
- The primary objective of purchasing an investment property in Goa is to earn a monthly rental income. Those who seek property on rent are immediately drawn towards Dabolim due to its Airport access. Aviation professionals and Defence personnel have shown a preference to take up a property on rent in the Dabolim-Zuarinagar corridor due to obvious reasons.
- This bodes well for real estate investors as well as developers, since it is a win-win situation for both. The developer benefits through incessant demand for residential and commercial properties and the buyer recovers a partial cost of the property through rental income.
ROAD CONNECTIVITY & ACCESSIBILITY: The Vasco-Dabolim-Zuarinagar corridor also offers excellent connectivity benefits
- NH 66 Access: This corridor provides direct access to the National Highway-66 which connects Mumbai in the West to Kanyakumari in the South
- Well-Developed Internal Roads: South Goa boasts of excellent internal roads
- Proximity to Panaji: Dabolim is just 30 km away from Panaji, the capital city of Goa. This is especially beneficial for those looking to travel to the historic city of Panaji for administrative or commercial purposes.
PART 2: THE HILLTOP RIVER VIEWS FOR THE NATURE ENTHUSIASTS
Rapid development in South Goa has given rise to several semi-urban suburbs. The Dabolim-Zuarinagar belt can be considered as the queen of these suburbs. This corridor offers a healthy fusion of modern lifestyle coupled with natural surroundings.
A residential property in Dabolim-Zuarinagar is a first-row seat to dramatic hilltop panoramas overlooking the Zuari River and its tributaries.
Already thinking of purchasing a home in Dabolim-Zuariganar? Here’s what you will actually get:
RIVER-VIEW VISTAS:
- A drive from the scenic Dabolim-Zuarinagar belt to the strategically-placed Cortalim Junction provides picture-perfect views of the estuary that further merges with the Zuari river.
P.S.:- Cortalim Junction: A junction that connects all the four major cities of Goa - Vasco-da-Gama, Margao, Panaji and Ponda
THE ECOLOGICAL AND PSYCHOLOGICAL ADVANTAGE:
- The entire Vasco-da-Gama-Dabolim-Zuarinagar corridor is endowed with ample greenery and nature has bestowed it with scenic vistas that enhance its feel as a perfect place to purchase one’s dream home.
- The air in South Goa is of a better quality when compared to its North Goa counterpart and living her in the Southern half of Goa has its health benefits as well.
- People purchase properties in Goa since this state offers two critical qualities that the metro cities cannot provide: Privacy and Seclusion. The laidback spirit of Goa coupled with the solitude that this coastal paradise offers is simply unmatched and hard to find in other scenic destinations of India.
PART 3: THE PRICING ADVANTAGE THAT CHANGES THE GAME
- THE PRICE REALITY CHECK: Price is the ultimate game-changer when it boils down to the “Purchasing Residential Properties in South Goa vs Purchasing Residential Property in North Goa” debate.
The below-mentioned table provides a heads-up on why it is a smart bet to property in South Goa
| Sl. No | Pointers | Advantages |
| 1. | For Owner-Occupiers |
Lower property taxes and maintenance costs
|
2. |
Vasco-Dabolim-Zuarinagar Belt:
| Rental yields are 6-8% annually (comparable to North Goa)
|
Lower property acquisition costs mean faster ROI
|
Conclusion: Investing in the Vasco-Dabolim-Zuarinagar corridor provides excellent return on investment for investors looking to growth their wealth in the bussing property market of South Goa