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Properties in Goa
This is a discussion on Properties in Goa within the News and Views from the Business World forums, part of the News and views category; Indian real estate is highly unregulated, unorganised market with huge potential. The information flow is concentrated to brokers and agents ...
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29-09-2007, 10:18 AM
| #1 |
| Junior Member Join Date: Sep 2007
Posts: 2
Rep Power: 0  |  Properties in Goa Indian real estate is highly unregulated, unorganised market with huge potential. The information flow is concentrated to brokers and agents which acts as their only tool to extract money from buyers and sellers. The most important factor as we all know in real estate is Location, Imagine what happens if the location information is made freely available to public. Its happening in other parts of the world and india will not be untouched. Mapofi - Property in India, Property In Dubai, Homes For Sale, Real Estate Maps & Local Information ! is one such initiative which is breaking ground and actually have taken steps to provide a way to where the future lies. Its interesting to know that Buyers and sellers save 50% on their commission when they transact through Mapofi. Without compromising Real Estate Agents share. Indian real estate market has one of the lowest rate of commission structure (2%) as compared to its european and American counterparts. Still the lack of regulation makes it a bitter experience for the sellers and buyers with increasing number of insecure real estate brokers. There is an urgent need to make this market more regulated and rules drawn clearly and transparently. A combined intiative from Govt. and real Estate community is required. Its Time for an inevitable change to make property transaction a Delightful Experience for everyone. |
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24-01-2008, 05:06 PM
| #2 |
| Junior Member Join Date: Dec 2007
Posts: 58
Rep Power: 2 | It is not that only Goa is a prime location for investment. If you see you would notice that many other places or shall i say that every part of India is seeing price in property prices which is likely to remain inthe bulish term in the near future. |
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24-01-2008, 06:01 PM
| #3 |
| Guardian Angel  Join Date: Dec 2007 Location: Pune
Posts: 4,696
Rep Power: 7 | If anyone has money, Lavasa City near Pune is a great investment. Mind you, you will need at least Rs. 2 crores.  |
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25-01-2008, 02:47 PM
| #4 | |
| Junior Member Join Date: Dec 2007
Posts: 64
Rep Power: 2 | Quote:
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25-01-2008, 02:54 PM
| #5 | |
| Guardian Angel Join Date: Dec 2007 Location: Pune
Posts: 4,696
Rep Power: 7 | Quote:
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26-01-2008, 02:39 PM
| #6 |
| Gold Member Join Date: Dec 2007
Posts: 689
Rep Power: 2 | Indian real estate is the most disorganized sector than any other sectors in india. It has been controlled mainly by mafia and politicians across the states in india. The price rise and boom were all mainly due to them! If this trend continues a middle class indian can only dream of buying his own house and will not ever own it with this boom! |
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08-02-2008, 11:22 AM
| #7 |
| Junior Member Join Date: Dec 2007
Posts: 77
Rep Power: 2 | Indian real estate is booming more then anything else. If one want a good investment option then investing in real estate is the best way to make some good money. |
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08-02-2008, 01:56 PM
| #8 | |
| Junior Member Join Date: Dec 2007
Posts: 64
Rep Power: 2 | Quote:
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