Skip to main content

Why Goa will be a missed opportunity in a year from now.



Leading the charge of the post pandemic property boom in India is Goa

almost the entire nation has packed up and left for Goa at some point or the other during the pandemic.

The ready to move in inventory is almost exhausted but there are a few hidden gems that are still available.

The world is witnessing a property boom like it hasn’t seen in over 30 years. And leading the charge of this unprecedented growth are nations and destinations that allow a work-life flexibility. Countries like Turkey, New Zealand and Canada have seen a 15% or higher growth rate in property appreciation in 2020 alone. Closer to home, things are vastly different. This global phenomenon’s ripple effect has already started being felt in some key destinations in the country. At the top of the list sits Goa. Almost the entire nation has packed up and left for Goa at some point or the other during the pandemic.

At the moment, no other destination in the country offers the allure and charm of India’s favourite holiday destination. And this is not likely to change anytime soon. As the world gets back to normal, WFH is becoming a norm with most corporate; this trend of booming prices is only going to grow exponentially. For those waiting for a correction in the Goa market, it isn’t coming.”

Most CEOs of the largest companies in the world agree. Take for instance the Forbes survey which states that 52% of respondents said they want a hybrid model where they can choose to work remotely or from the office each day and 16% say that they have no interest in returning to office and Nearly 75% said they would likely consider relocating to a different city if they could perform their role to the same level without commuting to a place of work.

The other charm that Goa offers is the allure of wide open spaces and beautiful balmy weather which one cannot even dream of in the big cities. There has been an endless stream of people coming into the city and air traffic has been only rising in the last two years.


“So many of our clients have come to Goa for short stints and fallen in love with the place so much that they want to make it their permanent residence. And fiscally, this has been a great decision. They have seen staggering returns, in some cases almost as much as 35% in just the last two years. The thing to understand is that the future holds a similar promise. We are continuously scouting for the locations that give the best life and the best returns to offer to our investors.


With the government keeping pace with the pace of demand with exceptional new state projects in infrastructure, connectivity and community, Goa is determined to stay at par, if not ahead with the slew of new residents that are calling it home.

The ready to move in inventory is almost exhausted but there are a few hidden gems that are still available. If you are looking to invest in one of the most sort after real estate market in India the kindly logon to www.BRIKitt.com

Comments

Popular posts from this blog

BRIKitt Stays Booking FAQ's

HOW MUCH TIME WILL I HAVE IN MY HOME EACH YEAR? Your access depends on the number of BRIKs you own. Each BRIKs includes 30 stay nights, and they are tracked on a 365-day basis. For example, if your ownership anniversary date is October 20, 2020, we’d count the total number of stayed nights between October 21, 2020, and October 20, 2021. WHAT IF I WANT TO ENJOY MORE STAYS IN MY HOME? As a benefit to owners, you are invited to enjoy stay nights that exceed your annual stay night threshold of 30 nights, pending home availability. A modest nightly operating fee is assessed to cover operating and ownership costs. The fee is used to offset costs for other owners, and there is no markup added. Owners will find rates to be dramatically less than booking a similar, non-Brikitt home. HOW DOES THE BOOKING APP WORK? The BRIK Owners app is powered by our AI based smart booking system. It’s easy to use and equitable for owners based on their number of BRIKs owned. The app displays real-time availabi...

BRIK ITT- Power of Fractional Ownership in Real Estate

Fractional ownership  is the best kind of  ownership  if you want to invest in your future , family and financial purposes.  Fractional ownership  in Single Family Residences has the highest opportunity to appreciate in value. This is because in the future buyers may want to buy the home as a primary home. www.brikitt.com a subsidary of Money Bricks a decade old Real Estate player in India is changing the trends in Luxury Residential Real Estate Market in India with their unique Brik Model which allows one to co-own Luxurious skybunglows, Pent Houses , Villas and Vacational Homes at a fraction of its cost and earn high rentals on their investment through there fully manage and operated property business model. A Brik is a 1/11 fraction of the property which allows you to use the property or earn rental income for 30days/year. Few key benefits of this unique Brik Model which makes Fractional Ownership more powerful then any other in the Market are: 1) Power to Earn - By owning a Brik y...

TOP REASONS TO INVEST IN HOLIDAY HOMES THIS FESTIVE SEASON

India has always seen an inclination towards real estate as the most preferred source of investment. From renting out flats to purchasing lands for commercial rent-outs, real estate investment has always been seen as a security blanket and for social impetus. However, over time this trend has seen some shift as to what sort of real estate investments can be opted for. It has been observed that the city dwellers are now seen making investments in holiday homes, thanks to the ever-busy city life and a boom in the tourism sector. Indians are now seen traveling more than ever and with the pandemic at home, most people are now seen retiring to properties that have good amenities and are less crowded to endure a safe and enjoyable vacation.   Thus, holiday homes have emerged as the hottest real estate investments in recent times. These holiday homes are generally a few hours’ drive from the actual homes and are mostly located in picturesque locations amidst hills or on beaches. These are se...