Axis Ecorp - Real Estate Developers in Goa

If you are planning to invest in real estate, you may likely come across the term “ Holiday Home ”. In simple terms, it refers to the homes that people keep to spend their holidays. Most people prefer holiday homes to be near a tourist place, mostly a city or town they often visit. It is usually in a different city that they live in.   Some travellers like to explore new places and set new sail; others want to go to known places to rewind and relax. Holiday homes make perfect sense for the second type of people. They not only go to a familiar place but a friendly accommodation. They don’t have to book a new hotel whenever they visit or deal with fluctuating rates. Also, most popular properties tend to fill up quickly during the peak holiday season. Having a holiday home also means you no longer have to deal with this disappointment.   Holiday Homes were a common term in the west and started to gain traction in India too. However, in popularity soared in the post-pandem...

Indian real estate is at an interesting juncture. While there are headwinds, such as the growing cost of raw materials and increasing loan rates, there is also an increasing interest from the NRIs. A recent survey has revealed that the NRIs are inclining more towards commercial real estate in a bid to diversify their portfolio and maximise their returns. According to a poll conducted by SB NRI, a business that provides investment and consulting services to NRIs, there is an increased desire for real estate investment among NRIs. The survey also points out that over 52% of NRIs are considering investing in commercial real estate (CRE) to diversify their portfolio. This also demonstrates that commercial real estate has become one of the most desired asset classes for NRIs. Along with this, the report has also projected that Indian real estate will witness a healthy growth rate of 9.2 per cent compound annual growth rate (CAGR) during 2023-2028. Bifurcating on the investment portfoli...

The real estate segment showed exceptional tenacity in the year 2020, and it continues in 2021 as well. Last year witnessed an unprecedented patch during the lockdown but as soon as things started to open up, the segment clocked a great rebound. The residential segment has been the key driver in this rebound phase.  An interesting trend that has emerged from the pandemic is the rise in demand for residential plots.    What is driving the current demand for plots? Residential plots were always a top-of-mind option for homebuyers as they offered a number of advantages. However, due to cost considerations and other factors, most homebuyers opt for apartments. According to a report by Square Yards research, the demand for plots increased by a whopping 50 per cent in Oct-Dec 2020 as opposed to the previous quarter.  This pandemic has given homebuyers ample opportunity to weigh in their choices and now more people are inclined towards a plotted property. As per a FICCI-AN...