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GOA REAL ESTATE IS NOT EXPENSIVE — IT’S POORLY EXPLAINED

Most people don’t think Goa is expensive because of the numbers. They think it’s expensive because nobody explains the numbers properly.


When someone sees a ₹12 Cr villa or a ₹6 Cr plot, the first reaction is:


“This is overpriced.”


But the real question should be: Overpriced compared to what?



1️⃣ Goa Is a Scarcity Market, Not a Volume Market

Goa is small. Legally buildable land is even smaller.

FSI limits, slope restrictions, CRZ rules, and zoning controls mean that every year, less land is actually usable — not more.

You’re not paying for space. You’re paying for permission, scarcity, and legality.



2️⃣ People Compare Goa to the Wrong Markets


Goa is often compared to cities that:

  • have endless expansion

  • higher vertical growth

  • flexible zoning

  • institutional housing supply


Goa doesn’t work that way.


It behaves more like a global leisure market than an Indian city. Limited land. Lifestyle demand. Long holding periods.


Different rules. Different pricing logic.


3️⃣ Villas Feel Expensive Because Land Share Is Rarely Explained

Most buyers look at:

  • built-up area

  • interiors

  • amenities

Very few are told:

  • How much land do they actually own

  • How land appreciation protects value

  • How replacement cost works

A well-priced villa isn’t about marble or furniture. It’s about the land-to-built ratio.

That’s where value lives.

4️⃣ The Problem Isn’t Pricing — It’s Communication

When developers and brokers fail to explain:

  • Why the land costs what it does

  • How regulations shape design

  • What can and cannot be rebuilt

  • What scarcity really means

…the buyer assumes the worst.

Confusion creates resistance. Clarity creates confidence. 5️⃣ Once Understood, Goa Makes Sense

People who truly understand Goa don’t ask: “Why is it so expensive?”
They ask: “Will this still exist in 10 years?”

And that’s the real investment question.

Goa real estate doesn’t need hype. It needs a better explanation.

Because once the logic is clear, the pricing usually is too.

The Goa market rewards those who understand it — not those who rush it.


Save this if you’re planning to buy. Share this with someone who thinks Goa is “overpriced.”
BLOG BY: - DESVILLE ALMEIDA
FOUNDER OF GPD REALTY

+91 7448284080

 
 
 

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