GOA’S REAL ESTATE SUCCESS STORY
The Real Estate Market of Goa is on an upswing since the start of the 21st century and is growing at an astonishing pace. This success story speaks volumes about how efficiently the real estate developers in Goa design, market and build their residential projects.
Herein are a few important pointers that explain what make real estate developers in Goa unique when compared to other property markets in India
- FOCUS ON LIFESTYLE-DRIVEN DEVELOPMENT: The most critical factor that differentiates Goan Developers from their counterparts is their perspective about real estate development.
- To cite a reference: Metropolitan cities such as Mumbai and Bangalore are commercial and IT hubs of India respectively and thousands of Indians migrate to these cities to settle down and fulfil their dreams. The real estate market in these cosmopolitan centres is complex and is driven by more supply and less demand. Purchasing a 2BHK apartment in India’s mega cities is out of question for the average Indian due to outrageously rising prices.
- Whereas on the contrary the real estate market in Goa is built around leisure, lifestyle and luxury. Real Estate Developers in Goa are focussing on providing a holistic experience and a relaxed coastal lifestyle to vacation-home buyers, retirees as well as locals.
- INTEGRATION OF PORTUGUESE & GOAN ARCHITECTURAL INFLUENCES: The property market of Goa is heavily influenced by Indo-Portuguese architecture. Goa was under Portuguese rule for over 300 years and colonial influence is visible across all spheres.
- Developers in Goa are incorporating gothic style designs such as arches & columns, bright pastel colours and courtyards in their projects which offer an amalgamation of Goan and modern architecture.
- HIGH DEMAND FROM NRIs AND GLOBAL BUYERS: Expat Indians or NRIs as they are commonly known, move to foreign countries in search of better futures for themselves and their loved ones. All the same, NRIs always nurture a desire to purchase a home in their motherland and Goa is their first choice due to its charm and natural beauty.
- Expat Indians and global buyers are interested in luxury villas, penthouses and apartments, vacation homes and properties with resort-style amenities. Real Estate Developers in Goa are catering to this growing demand by offering NRIs with exactly what they are looking for. We at Poetree Homes as new-age real estate developers are also assisting our existing clients with services such as rental management assistance and resale of their properties.
- PERSONALIZED, HIGH-QUALITY CONSTRUCTION: The most striking factor which sets Goan Developers apart is the high quality of construction and a personalized approach. Developers in Goa offer custom interior options to their clients so that they can make alterations to their dream home as per their convenience.
- Developers in Goa also emphasize on higher attention to detail with respect to quality of construction using superior materials and by following tried & tested construction procedures.
Conclusion
Real estate developers in Goa are unique because they build for experience, lifestyle, and global appeal, rather than only for urban practicality. They have carved a niche for themselves by reading the pulse of their clients and delivering as per their requirements.
