Understanding North Goa Real Estate Dos and Don'ts

Understanding North Goa Real Estate: Dos and Don’ts

Goa offers many choices for tourists as well as those looking to settle down or invest in property. The choices in experiences vary from the hustle and bustle of city life to that of a tranquil and relaxed environment in smaller rural areas. One can say that North Goa is a good mix of both fit for those looking to have a relaxed life and enjoy the slow pace with easy access to golden beaches. Although it is a paradise for tourists and sees a large influx of visitors from India and abroad, it is also an ideal combination of luxury, peace, and a growing real estate market. Investing in residential projects in North Goa is a profitable proposition.

Why invest in North Goa?

North Goa is popular among tourists and travellers because of its natural scenic beauty and relaxed atmosphere. The constant influx of tourists throughout the year assures a stable rental house market promising good returns on investment in the residential projects in North Goa. It is also well-connected to major airports, railway stations, and highways making it easily accessible. There are many options for restaurants, cafes, and pubs making it an attractive destination for visitors who can socialize when required.

Kadamba Plateau is a satellite town in North Goa that is beautiful and serene surrounded by lush green forests, rolling hills, and stunning views. The town has easy access to city life as it is close to Panaji and Old Goa, yet it is away from the noise and pollution of big cities. The infrastructure at Kadamba plateau is well developed as it has easy access to Old Goa by public transport. It has excellent social infrastructure with the best healthcare systems and educational institutes for its residents. The region offers a range of housing options spanning affordable to luxury flats in the Kadamba Plateau.

If you have decided to invest in North Goa, here are some DOs and Don’ts you must be aware of:

Dos

1.Collect information about different locations within North Goa. The pricing, accessibility, connectivity, facilities, amenities, etc are important factors that should be considered while short-listing properties.

2. Always check on the credibility of the developer and the project before making the purchase. A simple Google search and inquiry in the local markets can give enough information to know their reputation.

3. Get all the information about the property while making the initial inquiries. The carpet and built-up area, amenities of the project, and facilities in the neighborhood should be clear and known.

4. Get all the paperwork verified with a known lawyer before the registration formalities. Get information on all charges like maintenance and other charges.
5. During site visits, check if everything is in order. Make sure there are no damages and defects in the physical property.

Don’ts

1. Do not trust the brochures and marketing materials blindly. Verify all the claims made by the developer.

2. Do not trust the agent or broker easily. It is important to verify their credibility especially if you are not from Goa.

3. DO not blindly agree to all the terms and conditions laid out by the developers. Make sure there are no loopholes and that you do not get cheated or end up in a loss.

Although investing in lucrative property like flats in Kadamba Plateau may seem like a golden opportunity, it is very important to follow these do’s and don’ts before making financial commitments.

Tips To Choose The Right Property Developer in Goa

Tips To Choose The Right Property Developer in Goa

The real estate developer builds and develops the property which will become your home or your investment. It becomes important to choose a builder who is known to deliver the best quality projects without any compromises. Goa is one of the fastest-growing real estate markets in the country. This opportunity is seen by many builders in Goa as a highly profitable one. We see many existing and new players entering the industry as most builders want to make the most of the opportunity. But are all of them trustworthy?

It becomes important to follow some tips before choosing the best developer for your property investment:

1. Reputation and Track record

The reputation of a real estate company in Goa can be researched online. By studying the reviews of past projects, feedback on timely deliveries, and the quality of amenities and facilities, you can figure out if the builder is trustworthy. Word-of-mouth feedback from real estate agents and sources from the industry will give enough information about the builder’s reputation.

2. Quality of work:

The completed projects display the builder’s work. Visiting the sites of previous projects gives a good idea of the quality of construction, materials used, and design elements. This will set your expectations from the builder and help you choose the one that meets them. For example, if you are looking for 2 BHK flats in North Goa it is better to visit similar previous projects by the builder.

3. Financial Stability

The financial stability and reputation of the developers amongst financial institutions are important factors when deciding credibility. This will determine the builder’s ability to complete the under-construction residential projects in Goa. If they are not stable the project will be delayed due to lack of funds.

4. Transparency

A reputed builder will always be transparent with the information about the project. The pricing, terms and conditions, progress reports, and delays or risks if any, will always be clearly communicated. The builder’s transparency will help you to trust him.

5. Legal Compliance

The builder and their company should be registered with the authorities as legitimate companies. The builder should have all the credentials, licenses, and permissions from relevant authorities. The projects should be RERA certified and all the legal due diligence should be in place.

6. Customer Service

Evaluate the customer service experience provided by the developer. Is the company responsive to queries and concerns? Do they take the complaints seriously and provide solutions? The answers to these questions will show the developer’s concern for their customers.

Considering the above tips, you can choose a developer who can be trusted with your time and financial investment.

What Makes Goa A Homebuyer's Dream Destination

What Makes Goa A Homebuyer’s Dream Destination

What is the first thing that comes to mind when you hear the word “Goa”? Golden beaches, cold beverages, seafood, and tropical bliss. The mood automatically shifts to that of fun and frolic. This holiday destination will never go out of demand. And to think of living here is a dream come true for many. There are many things about Goa that everyone loves. These reasons make Goa a homebuyer’s dream destination.

Let us understand these one by one:

1. Natural beauty

Goa’s tropical beauty, sultry weather, golden beaches, and rustic landscape is well known. It is one of the reasons people from within and outside India are drawn to it. Being able to live in such a location is a topic that you may have discussed many times with friends and family. 1 BHK flats in Kadamba Plateau are an ideal choice to enjoy the rustic tropical beauty.

2. Culture

Goa’s history of invasion by the Portuguese and European traders has resulted in many of their traditions being infused into the local Goan culture. The architecture reflected in the churches and old buildings reminisce about the rich cultural heritage that these foreign cultures have left behind. Their influence on food has given Goan cuisine its originality. To be able to experience the diverse rich culture every day is anyone’s dream come true.

3. Picturesque Locales

As you move away from the hustle and bustle of the touristy places in Goa toward the interiors; the thick tropical forests, the lush greenery, scenic mountains, and river views are as enthralling as the golden beaches and crystal-clear water. Spending time in the lap of nature away from noise and pollution is an experience that is incomparable. Many vacationers are realizing the importance of a quiet life that benefits their health and well-being. A stress-free life amidst nature is an experience drawing many city dwellers into Goa. As a result, the demand for properties like 2 BHK flats in Kadamba Plateau is increasing rapidly.

4. Social Infrastructure

The interiors in North Goa are well connected to all the facilities and social amenities of Old Goa. You have easy access to the best educational institutes, hospitals, shopping hubs, and recreational options. Those who have bought flats in the Kadamba plateau can enjoy the comfort and relaxed vibe of old Goa yet access the best facilities.

5. Residential Properties

The Goan residential property market has grown rapidly in the past few years. A home buyer can choose from a variety of properties like apartments, villas, and beachfront properties at varying price points. These properties offer excellent amenities and facilities. One can choose to stay in the active metro region or in quaint remote locations as there are many residential projects in Goa.

All these factors make Goa a good destination for home buyers to settle down and also an investment option that promises growth in the long term.

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    Ikigai Senior living at Prescon Amanha,
    Survey No. 8/1-DI, Azossim, Tiswadi, North Goa – 403104

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     The project has been funded by Saraswat Co-operative Bank Ltd.  

    This project is registered under GoaRera Project Registration as Bldg A3 Bldg A4 & Club with Reg.No.PRGO02221540 (Phase 1). Bldg A1 Bldg A2 & Bldg B1 with Reg.No.PRGO11221816 (Phase 2) and is available on https://rera.goa.gov.in/reraApp under registered projects.

    Disclaimer: The plans, specifications, elevation, conceptual designs and visuals, images, computer generated images, dimensions, photographs, furniture, fixtures, amenities, facilities, etc., are strictly provided for representation purpose only and are subject to requisite approvals from the competent authorities unless otherwise stated herein. This does not constitute an offer and/or contract of any nature between the company and the prospective purchaser / customer has independently satisfied himself before any conclusive decision. All brand names and trademarks stands reserved. T & C Apply. March 2023

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    GoaRera Reg.No.:- PRGO02221540