Goa in India seems to be gaining attention of tourists as well as NRIs who are building their investements in Goa. Alls helping the goan realestate industry which is booming like never before. Since last year, the proeprty prices have appreciated by almost 30 to 50 % as compared to elsewhere in India which has seen some sort of stabilization. Dynamics are different and the overall demand and supply situation will help the sustainability of the trend.
The Indian Govt. needs to get its act together so that the current irregularitis in the real estate market in India get ironed off. Only then can a heaven like Goa attract real investments in real estate.
Apart from India, Dubai is another place where the supportive goveronment has done woders for the industry and seems to be a good place for investement.
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