After the passing of a tumultuous and tragic 2020, we have entered the new year with guarded optimism as the world continues to battle the coronavirus pandemic. While countries heal from the crisis, how we let the wheel moving, is crucial to struggling economies and the endurance of surprisingly strong real estate markets.
From Goa to Delhi, this tragic pandemic upended housing supply and demand, but in some cases, for the better.
As the real estate price retains to remains modest, the number of people trying to buy flats in Goa has reached record highs as buyers looking to flee dense cities are seeing intense competition for single-family homes that are in short supply. Metropolitan cities, in particular, saw a mass exodus last year and plummeting transactions once the cities became the epicenter of the pandemic, and odds are those residents are not returning in great numbers in 2021 despite the distribution of a vaccine.
With the rise in people interested to buy apartments in Goa, there is a burst of big deals—many of them for country homes away from the city— as people locked in their homes are realizing the importance of privacy and proper amenities at home. People don't want to just buy land in Goa but they plan to own a dream beach house or pool villa with all kinds of amenities. But slowly all the deals are coming to an end and its expiration in March means a busy first quarter, at the very least, is on tap.
People are inclined to buy a beach house in Goa and such a change in lifestyle and will to invest in luxury real estate is a major shift in consumer tendency. Demand for single-family homes, private outdoor space, and enough room to work remotely will drive robust luxury home sales in 2021—benefiting some of the world’s top luxury markets more than others.
There is now ample data from around the world to support what began as mere speculation nine months ago: That the global Covid-19 pandemic would spur an unprecedented shift in lifestyle choices and housing needs, marked by an overwhelming preference for larger houses, more amenities, and less population density. We can invariably say that this is a major reason that more and more people are interested to buy a pool villa in goa due to this reason only.
Moreover, Outdoor Space, Home Offices, and Health Perks Will Dominate Amenities in 2021, while people interested to buy holiday homes in Goa will go downhill. As we can see that despite the launch of the vaccine, the initial distrust is prevalent despite scientific proof and assurance. Not only these new strands of the virus are blooming and terrorizing people. Flights in and out of the country are frequently getting barred and all this chaos means fewer tourists. This has made people twitch before investing in holiday homes, which earlier felt like a promising investment.
Before 2020, you’d have been hard-pressed to find a buyer intent on learning every detail of a building’s cleaning regimen and air filtration technology. Now, these kinds of questions are commonplace when someone embarks to buy property in goa.
“We’re seeing a higher concentration on cleanliness and sanitation as the most important thing,” “Making sure everything is sanitized, asking if there are doors that open electronically or touchless functions...several real estate dealers have been heard quoting this.
As we (thankfully) turn the traumatizing page on 2020 and welcome fresh year 2021 with hope, optimism, and renewed energy, change is on the horizon. With every new year comes a chance for a clean slate, and perhaps never before has your home needed a refresh more than right now.
So before you buy a villa in Goa you need to know what the Future Holds for Smart Homes in 2021. You probably didn’t think technology could become a bigger part of your life—and then 2020 happened.
In an unprecedented year that sees the world still grappling with a global pandemic, the always-connected embrace of tech grew stronger—and more necessary. And there’s no sign of that letting up anytime soon...
Luxury residential developers have had to rethink their strategies as the Covid-19 pandemic continues. For many, that meant going back to the drawing board to adjust floor plans to include office space, expand outdoor areas, and add amenities like air filtration systems and touchless technology. That has meant delays, expanding delivery timelines but the result has been promising. So before you buy your home in Goa do proper research and consult a reputable developer and you will find the best deal.
08 Jul 2021
Buy A Home in Goa