Trusted Builders in Margao, Goa for Quality Homes

MARGAO - COMMERCIAL CAPITAL OF GOA

Margao , the administrative capital of South Goa is also a bustling urban metropolis Since the liberation of Goa in 1961, this historic city has gained reputation as the commercial capital of Goa due to its larger-than-life marketplaces and trade.

Margao acts as a gateway to the rest of Goa and travellers from Southern India who venture into this coastal paradise by road or rail have to set foot in Margao before moving to the vibrant nightlife of North Goa.

Margao has transformed as Goa’s fast-paced commercial capital mainly due to its strategic location. Margao boasts of many markets which are always packed to capacity with hundreds of visitors who come in search of their dose of daily necessities.

MARGAO - COMMERCIAL CAPITAL OF GOA

MARGAO DRIVING FORCE FOR COMMERCIAL ECONOMY OF GOA

It would be fair to say that Margao is the nerve centre of the Goan economy. The following pointers justify the fact that Margao is the business capital of Goa.
  • Presence of Industrial Estates: There are numerous industrial estates located within 10-15 km of downtown Margao. (Some of them are Verna Industrial Estate, Cuncolim Industrial Estate, Kundaim Industrial Estate and Sancoale Industrial Estate). The presence of industrial zones in a given location leads to manufacture, assembly, import and export of goods and services and this in turn boosts the economy of that region.

    Presence of industrial estates also boosts the employment opportunities in that region and leads to disposable income for those who are employed in those industrial zones and this further encourages trade and commerce.

  • SGPDA Market Complex: Margao also boasts of wholesale marketplaces such as South Goa Planning & Development Authority (SGPDA) Market Complex in Fatorda that sells groceries and foods as well as the Wholesale Fish Market in Margao which is a paradise for sea-food shoppers.

  • Gandhi Market: The Gandhi Market is an iconic marketplace of Margao and offers an assortment of fruits, vegetables, meat, footwear and a lot more at wholesale prices. The market has an old-world charm and is popular among locals and tourists alike.

  • LPG Policy: The Liberalization, Privatization and Globalization (LPG) wave set foot in Goa in the early 1990s and the outcome of it was that several critical industries such as Real Estate, BFSI, Automobile, Telecom, Pharma and Retail have firmly established themselves in Margao further augmenting the city’s economy, revenue and employment opportunities.

MARGAO : THE CULTURAL CAPITAL OF GOA

  • Cultural History Of Margao: Apart from being the commercial capital of Goa, Margao is also a kaleidoscope of temples, churches, food, music, art, sports and Tiatr (a Goan musical theatre).

  • The name Margao originated from the word Muttgram which comes from the merger of two words, “Mutt” means temples and “Gram” that stands for village. So Ideally Margoa originally used to be a village of temples.

  • However, once the Portuguese occupied Goa, Christianity gained acceptance in Margoa and in the process it led to a fusion of both Hindu and Catholic influences.

  • The very essence and ethos of Goa can be experienced in Margao through an amalgamation of cultures, traditions, customs that are being pursued by people of all the faiths.

TOP LANDMARKS IN MARGAO

Margao boasts of some of the most well-known landmarks not just in India but internationally.
Holy-Spirit-Church-Pic

HOLY SPIRIT CHURCH, MARGAO, GOA

Every city owns a distinct landmark that acts as an identity for that place. For Margao it’s the The Holy Spirt Church . It is the most prominent landmark in Margao and anyone who enters Margao City has to pass by this historical landmark and admire its gothic architecture and soak in its divine fervour. This Church was constructed in the year 1564 and went through dramatic transformations that are of historical significance. Finally in the year 1645/1646 this historic monument was restructured into the towering edifice that it is today.

MARGAO MUNICIPAL COUNCILOR BUILDING

The down-town area of Margao City consists of many landmarks, one of them being the historic Municipal building. It features vintage European architecture with its iconic red and white texture. However, the building has been recently renovated with yellow & white hues. There is a children’s park and municipal garden in the vicinity of this iconic building further adding to its heritage status.

Margao-Municipal-Council-Pic

THE FUTURE IS MARGAO

Margao, the capital of South Goa District and also the commercial capital of Goa has lived under the shadow of the state capital Panaji for decades. However, rapid development and urbanization has ensured that Margao is now regarded as a perfect place to purchase a home and settle down due to its East-meets-West charm and cosmopolitan appeal.

Infrastructure Development in Margao is being planned on a methodical manner with major focus on infrastructure development, smart city measures and basic civic amenities.

WHY INVEST IN MARGAO?

  • Margao can be classified as a Central Business District of South Goa due to its bustling commercial and business activities. Investing in the real estate market of Margao provides excellent return on investments in the form of rental income and price appreciation.

  • Critical Industries such as Auto, BFSI, Manufacturing, Telecom, Hospitality, Healthcare and Pharma have been firmly established in and around Margao that further emphasizes the commercial growth of this Commercial Town

Meet Poetree Homes – Trusted Builders of Margao

  • Poetree Homes, new-age developers based in Vasco-da-Gama, Goa have forayed into the real estate sector of Margao to fulfil the dream of every Goan: To purchase their dream home in Goa.

  • With this intention in mind, we aim to establish a stronghold in Margao’s real estate market by adhering to our values: quality, integrity and customer-centricity.

  • Poetree Homes has been well-accepted in South Goa as a trusted developer. Poetree Homes operates under the umbrella of the Essen Group, which boasts over 45 years of experience in construction and infrastructure in Goa—this heritage reinforces credibility and trust
  • We at Poetree Homes believe in the well-known adage “Make a customer, not a sale”. We believe in forging long-lasting relationships with our client based on trust and certitude.
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