India's 10 Hottest Real Estate Cities to Watch Out in 2012 - Page 10

India's 10 Hottest Real Estate Cities to Watch Out in 2012

By siliconindia   |   Wednesday, June 20, 2012   |    9 Comments

10) Goa

The smallest state of India, Goa is one of the most attractive tourist hotspots for both Indians and people from overseas. Besides its picturesque landscape, Goa is now becoming one hottest real estate destination. According to John Welsely, property consultant at Smart Properties, “Goa is attracting investments from people all over the world. And it is mostly the eminent class who are tempted to buy property in the picturesque locales of Goa,” reports Nidhi Vashisth of MagicBricks Bureau.

 “The residential property in Goa not only has good resale potential, they acquire high rentals as well. A well located, sea-facing apartment in Goa can get the owner as much as rs1-1.5 lakh a month,” according to Praveen Soni from Realty Partners, a city based realtor.

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