‘As market we see great potential in Goa’

Panaji, Jul 17 (FN Representative) Sanya Aeren, Chief Advisor, Marketing and Communications, Berkshire Hathaway HomeServices Orenda India, has said that there was great potential of real estate market in Goa. ”The pandemic has only reinforced the quality and standard of life over its longevity. Hence, it has proved to be a boom in disguise for the high-end luxury segment because of factors like less pollution, more space, quieter place, closer to nature and beach vibes, which contribute to quality of life, as compared to the hustle-bustle of a city life. Thus, Goa’s demand for mid-to-upper-range villas, apartments in gated communities, as well as houses in the luxury segment has soared,” she told in an interview.

She said real estate developers had noticed that people were largely interested in localities around Goa’s northern coast, such as Vagator, Siolim, Assagao, and the hinterlands of Goa and that was the reason that the rentals had been moved up by 10-15 percent. ”Goa has consistently been a favored vacationer goal for both domestic and foreign visitors. Because of the recent developments, Goa has likewise risen as an investment destination for individuals searching for stay possibilities and investment opportunities. People outside Goa are buying houses, flats or staying on rent due to work-from-home opportunity. The concept is now to stay in Goa and travel across for meetings. These are mostly people from big cities such as Mumbai, Bangalore, Hyderabad and Pune. Thus as a market we see great potential in Goa,” she said.