The real estate sector in the state of Goa is flourishing and is observed to have picked up great momentum in the recent times. The entire scenario of the realty market in the state is evolving, due to which various builders and developers like us are developing sophisticated residential spaces.
The city of Panajim, which is the capital of Goa has been recently included in the smart cities plan of the central government. The plan is often called as ‘Imagine Panaji.’ The emergence of Panaji as a smart city will transform it into a world class city by achieving the best quality of life in a sustainable environment through economic growth and citizen participation, while retaining its heritage and cultural diversity.
Corporation of City of Panaji (CCP) has geared up for the second round of Smart Cities Challenge. As such, the campaign has received an over-whelming response from the people of all the age-groups including youngsters, veterans and senior citizens. The quality of infrastructure in the Panaji as well as in the state of Goa will improve due its inclusion in the smart cities’ program. Eventually, it will boost the real estate sector and development of residential projects in Goa.
As we all know, the state of Goa is having two distinct real estate markets. The properties in North Goa bear a higher price tag if compared to those in South Goa. Considering the overall demand for residential property in the state, top builders in Goa are launching various residential projects across different cities in Goa. Likewise, we at Akar realty, have established few finely crafted residential projects such as Akar Heights (South Goa) , Akar Suburbia (South Goa) and Akar Pinnacle (Borivali-East, Mumbai).
Watching the current scenario of Goa, it is Goa is becoming an affluent destination for property investment and in that, the effective implementation of the smart cities plan for various cities in Goa will boost the investment prospects in the state. Savvy investors can reap good amount of Returns on Investment (ROIs).
So, take a stride forward in buying your dream home and investing in the residential properties in the Rome of the East, ‘Goa’!