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Why are people buying apartments in Goa?

May 31, 2019 | Silky Malhotra

Why are people buying apartments in Goa?

Goa attracts people from different parts of the country, due to its beautiful beaches. However, in recent years, people are buying homes in Goa due to a number of reasons. The real estate industry in Goa is growing fast. With loads of commercial activities and business in the city, it is emerging as a popular residential hub in the city. Here are some of the reasons for the popularity of Goa as a residential hub.

Rise in economic opportunities

Economic activities in Goa are on the rise. Following the trends of Gurgaon and Bengaluru, Goa is also strengthening its commercial base. The residents in Goa find lucrative employment opportunities. The government of Goa is taking care of these aspects. The startup ecosystem has got a push from the government. Presently, Goa is aiming to find a place among the leading 25 startup destinations in Asia. In the next five years, around 100 startups will be receiving support. This is one of the key factors for the realty boom in the cities here.

Growing interest of NRI

The non-residential Indians are keen to buy luxury apartments in the important cities in the country. Apart from Pune, Mumbai and Bengaluru, they have been investing in the realty market of Goa as well. For many individuals, Goa is the perfect place to buy a home. It is an important tourist destination. The prices are also rising over the years. Some investors are buying property in Goa for commercial purposes.

Infrastructure

 A well-developed infrastructure in Goa makes it ideal for residents to buy their homes. The city has a good transportation network, and the communication system here is well-developed. The people in Goa love the lifestyle here, and they can easily get across to the important schools and hospitals in the city.

Axis Blues

If you are willing to buy fully furnished suites in Goa, you should have a look into Axis Blues. This residential complex has been developed in North Goa, and the apartments come at prices starting at INR 35 lakhs. These apartments will be ready for possession by July 2021 and investors from various parts of the country are interested to buy these homes. Residents in this complex can enjoy a wide range of amenities, including swimming pool, play areas for kids, gym, various indoor and outdoor games and much more. If you are interested in buying an apartment in Axis Blues Goa, you should make the purchase now.

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