“North Goa is more of an investment market, while South Goa, which is slightly more affordable, is for home seekers. People looking to buy apartments or property as an investment prefer North Goa, as it offers better rental and resale avenues. North Goa is popular with tourists and better developed, and offers better returns when the property is sold or rented out.”
– Ravi Ashok Khandelwal, Property Analyst
“Goa property market is divided into two micro markets – North Goa and South Goa. Amongst these, north Goa is witnessing a lot of action due to increasing customer demand and is quite popular with investors due to its accessibility and shopping facilities, which makes it a better investment destination over south. The region is more popular with tourists due to its resorts, popular beaches, malls and clubs along the Miramar-Arambol stretch. However, South Goa comes across as a more affordable destination. In North Goa areas like Anjuna, Candolim and Panaji are good bets to invest in North Goa.” – The Financial Express
“On the infrastructure development front, Goa has seen recent road development activity which is visible along several arterial roads in the city. The hospitality business is also seeing significant investment in the city. Goa has recently seen a sudden surge in the supply of upcoming hotels. A new international airport has also been planned to come up in the northern part of the state. With the growth in tourism and enhanced interest in the market, and the fact that the residential segment in Goa is closely linked to the fate of the burgeoning tourism industry, property developments here are bound to see positive growth in the next few years.”
– The Indian Express