Goa has become one of the most sought-after destinations for both residential and investment properties. Whether you’re planning to build your dream home, invest in a rental property, or buy land for future development, it’s essential to understand a few key factors before making your decision. Here’s what you need to know:
1. Understand the Local Zoning and Land Laws
Goa follows specific zoning laws that decide how a particular piece of land can be used—residential, commercial, agricultural, or industrial. Always check with the local panchayat or town planning department about the zoning status before purchasing. Ensure the property is non-agricultural (NA) if you’re planning construction.
2. Clear Title and Ownership
Always verify if the property has a clear title. This means the ownership is legally documented and free from disputes or claims. Ask for the sale deed, property tax receipts, Form I & XIV, and other relevant documents. It’s best to get legal assistance or work with a reliable real estate company to avoid future complications.
3. Connectivity and Infrastructure
The property’s location should have proper access to roads, electricity, water supply, and sewage systems. With Goa’s growing infrastructure, even remote areas are getting connected. However, confirm that these essentials are available or at least in the pipeline.
4. Understand the Cost Beyond the Sale Price
Many buyers only consider the property’s selling price but forget about additional costs like registration charges, stamp duty, GST (if applicable), legal fees, and brokerage. Always factor in these extra charges when calculating your budget.
5. Choose a Trusted Builder or Contractor
Many issues in real estate arise due to poor quality construction or delays in project completion. Choose a builder or contractor with a strong track record. Ask for site visits, past project references, and timelines. At Ramnathkar Realty, we believe in transparency, quality, and on-time delivery.
Final Thoughts
Buying property in Goa is a great decision—whether for living or investment. But it’s not something you do every day. So take your time, do your research, and always work with professionals who have local expertise and a good reputation.