Festive fervour to perk up real estate despite rising property prices financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Developers from Delhi-NCR are increasingly investing in Goa due to rising demand for second homes and commercial spaces. DLF, Axon, Sabh Infra, Veera group, and others have announced or are in the process of announcing projects in the tourist destination.
Experts in the real estate sector said the luxury housing market, which had been dominating India s realty scene for two years, will continue through 2023.
Panjim (Goa) [India], September 10 (ANI/PNN): The much-awaited MOPA project is expected to be operational soon. It is one of the region's most anticipated projects, and rightly so. T` current airport in Goa has been undeserving the region. It does not have the requisite infrastructure nor scalability. With the MOPA airport, these problems will soon be a thing of the past. Analysts are expecting an influx of tourists to the entire Konkan belt. The result will be an overall development of the area. It is expected that this development will rub off on the real estate sector as well. Property prices in the area will increase dramatically after operations begin, according to a study by 360 Realtors, one of India's top real estate advisors. In the next 12 months, property values in the airport's immediate vicinity, where the current average price per square foot is Rs 6,700, can increase by 27.8 per cent. According to data by 360 Realtors, the average price of a home has grown ov
Axis Ecorp, a real estate firm focused on premium developments in holiday homes and secondary housing segment, on Saturday announced that it will invest Rs 100