Where to buy an apartment in Goa. How much and why? Starting prices...

Where to invest in your Goa apartment. Advantages and disadvantages.

1. Lifestyle
2. Return on investment
3. Party, nightlife, dining

Panjim
1. Dona Paula ( 1.2 Cr upwards)
2. Caranzalem (90 lakhs upwards)
3. Miramar (1.2 Cr upwards)
4. Talegaon (1.2 Cr upwards)

Advantages
1. Located close to the beach
2. Capital appreciation (15%)
3. Infrastructure
4. Schools and hospitals
5. Food/pubs/cafes/gyms/ safety

Disadvantages
1. Noise
2. Pollution
3. Flooding during the monsoon


Porvorim
1. Socorro (80 lakh upwards)
2. Salvador do Mundo (80 lakh upwards)
3. Pilerne/Verem/Nerul (60 lakhs upwards)

Advantages
1. Capital appreciation (20-25%)
2. Reasonable pricing
3. Peaceful quiet neighbourhood
4. Access to malls and upcoming restaurants
5. Access to the north belt as well as Panjim

Disadvantages
1. Crime begging and petty thefts and crimes)
2. Unplanned and disorganised

Kadamba Plateau – Good but depends on the developer.
Pricing: (90 lakhs upwards)

Advantages
1. Good roads and infrastructure
2. Reasonable pricing

Disadvantages
1. Capital appreciation (low due to unchecked development of multiple high rises and over exposure)
2. Far from all the action of north Goa

Siolim/Anjuna/Assagao/Arpora (1 Cr upwards)

Advantages
1. Close to all the action

Disadvantages
1. Market peak
2. Poor infrastructure
3. Crime

Areas to avoid?
1. Baga & Calangute
2. Mapusa

Developments to avoid
1. High rise and high density anywhere in Goa (Over 200 units)

Rishad D'Cruz
www.rishaddcruz.com
[email protected]