My Villa in GOA | Should you buy property in Goa? | Goa REAL ESTATE Market

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  • Опубліковано 23 вер 2024
  • ►Signup for my Goa event/meet-up
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    My Goa property tour Vlog:)
    I discuss with you:
    - Why did I buy a property in Goa?
    - Why not Delhi/Mumbai/Bangalore?
    - What are the pros of buying property in Goa?
    - What are some key things you must be aware of?
    Do let me know in the comments if you'd like more of such Vlogs - and if you would want me to conduct an extensive class on buying real estate.
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    Attributions:
    Stock videos from Pixabay and Pexels
    Logos: Wikipedia Commons
    Video Editor: Ayushman Khare

КОМЕНТАРІ • 855

  • @AkshatZayn
    @AkshatZayn  Рік тому +23

    ►Interested in the real estate market? Signup for the exclusive class I will be conducting:
    forms.gle/ANMAbm2sWxy3vamT6
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    ►My new stock market course. You can buy it during pre-launch @ a 25% discount here :
    wisdomhatch.com/stock-market/
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    • @jitendranoza
      @jitendranoza Рік тому

      Nice Investment 😊

    • @amritanshukhare9714
      @amritanshukhare9714 Рік тому +1

      Could you please guide me to buy property in Goa. I’m confused 😐 about localities to pick

    • @sagarshah3298
      @sagarshah3298 Рік тому

      We stayed in the same villa few months back with family. Must say we were impressed with the stay :) n the walkable distance to varca❤️

    • @auroraabagel6168
      @auroraabagel6168 Рік тому

      This guy just won't stop flexing huh!
      My 1cr house, 20lakh car, Beach vacation etc etc, 😆😆😆😆.
      There a quote from Rahim" bare barayi na kare, bare na bole bol, rahiman hira kab kahe lakh taka mero mol".

    • @chinmaybhat6044
      @chinmaybhat6044 Рік тому

      I'll now be able to meet you near Varca and get a selfie with you

  • @shortstoriesssss
    @shortstoriesssss Рік тому +761

    I think he wanted to make a vlogging video, then got bored and ended making as usual educational video.

  • @heavenlyxtacy
    @heavenlyxtacy Рік тому +76

    I am from Goa and I should say that true, lots of big builders who has national offices are building buildings in Goa and which they dont even advertise in Goa but they do in Delhi, Mumbai and Bangalore, type metros and they are really selling those tiny flats for higher prices and people from metro thinks that its cheaper comparing prices at their cities, infact they are been cheated. I saw one such flat it was really small compare to what local builders sells for that price. If possible buy properties from local builders you will get bigger spaces and at less price.

    • @dhingratixxx1
      @dhingratixxx1 Рік тому +3

      Hello can you please help me in this issue , i wana be a good citizen of Goa... Though I am from Delhi... But don't want to be a part of any nuisance (as usually people think about Delhights and North Indians)..
      Let's make a better world around...
      Help me buying a small ...🙃
      #Anthony Jenson

    • @Louis7491
      @Louis7491 Рік тому +1

      That is very true. I purchased a flat about 20 yrs ago from a reputed local builder, and it is in a Prime location. There are very good local builders who can be trusted.

    • @rufus7787
      @rufus7787 Рік тому

      Could you name some good builders?

    • @ajaygarg4697
      @ajaygarg4697 Рік тому

      Anthony, do you know location of this villa ? If yes pls share

    • @milandey7542
      @milandey7542 Рік тому

      @@rufus7787 DEMPO GROUP

  • @SanjaySharma-ys4wr
    @SanjaySharma-ys4wr Рік тому +44

    Hi Akshat, 8 % to 12 % yield on consistent basis from Residential property is far cry. Post tax yield assuming yield of 9 % and post few tax deductible expenses, you have to pay tax on residual income, which will will further reduce net yield. Other issue is Real Asset will not be liquid just like Equity, Net return will n't even HL rate of 8-9 %, My take is not more than 30-40 % of Net-worth should be in real estate and rest in MF/Equity based on risk appetite.

    • @gautamv952
      @gautamv952 Рік тому +4

      Well said. Also, an AirBnb establishment does not guarantee year-around occupancy, hence rental. There will be several lull periods during the off-season (e.g. Monsoon months) when your returns will be lower.

  • @sherlock8896
    @sherlock8896 Рік тому +31

    Akshat is that topper whom you meet just before exams fully prepared also discussing random topics which you skipped.

  • @66Dakshinian
    @66Dakshinian Рік тому +150

    Title issues in Indian Real Estate will always be a major hinderance. Obtaining bank loan is a great idea to avoid this.

    • @nishilbright2007
      @nishilbright2007 Рік тому +8

      While you're making a good point but the fact is banks have lost a great deal of money themselves. Check out so many NPAs and defaults that banks make provisions for simply coz the money is stuck. Please always do the due diligence from your own end. Don't rely on anyone, including banks

    • @kannanlg4979
      @kannanlg4979 Рік тому +5

      Banks doing real estate verification is eye wash. I have seen top banks not doing proper due diligence.

  • @sushantkarmakar5594
    @sushantkarmakar5594 Рік тому +13

    Slight correction for bangalore -
    70-90 lakhs properties - 25-35k
    1cr and up - 50k onwards, mostly upto 90k in big societies

  • @callingbell-ix5se
    @callingbell-ix5se Рік тому +93

    Goa real estate boom is putting locals into trouble as they can't buy a decent home for themselves. I hope this goa real estate boom is short-lived and market goes back to normal

    • @divyavenkatesh9072
      @divyavenkatesh9072 Рік тому +8

      This is actually true for all major cities

    • @callingbell-ix5se
      @callingbell-ix5se Рік тому +14

      @@divyavenkatesh9072 at least in those cities people have intention to stay unlike goa where it's just a holiday home /2nd home

    • @shaunsensei6948
      @shaunsensei6948 Рік тому

      Love it or hate it won't afterall Goa is probably the most popular holiday destination for Indians. But hey that's the case with every big city so yeah it is what it is.

    • @deepak2009negi
      @deepak2009negi Рік тому +1

      Same here in dehradun ncr people buying heavily here

    • @AmitKumar42
      @AmitKumar42 Рік тому

      This will just get worse with time. The way people are earning more and getting the idea of investing more, this will only increase the price of real estate in coming times due to managers who can earn to run their family at all tourist spots.

  • @domcity11
    @domcity11 Рік тому +11

    7:10 this easiest thing helps a little bit in initial checks but turns out to be no use when you really get trapped in a land dispute, local municipality approvals, unforeseen/hidden laws, legal issues etc at later stage when all your money has been disbursed to land owners and builders and you have no option but to keep paving bank EMI, taxes, maintenance charges and parallelly fight legal battle along with your daily job.
    Banks will do some initial due diligence and primarily check customer profile because even they don't have any fool proof way to entirely check legal aspects of property in this messed up system.
    But to sell their loan products they take some risks based on customer profile. Generally even in the worst case customer gets trapped in legal battles but their EMIs keep coming.

    • @BETIMAAPAPA
      @BETIMAAPAPA 7 місяців тому

      Hmmm.... So what r the safest properties then to buy Goa..?

    • @BrownByTasteProudByChoice
      @BrownByTasteProudByChoice 5 місяців тому +1

      Absolutely, banks are nowadays interested in the repayment capacity of the buyer than the property title/legal issues.

  • @HiteshAgarwal007
    @HiteshAgarwal007 Рік тому +13

    Real estate mostly generates 9-10% overall including rent and capital appreciation. Akshat being such a talented investor in stock market can generate more returns in stocks

  • @dibyaranjan4720
    @dibyaranjan4720 Рік тому +19

    Currently I am in GOA. Nowadays people who come to GOA become less. People prefer to go outside India to spend time rather than in India.

    • @tusharbh
      @tusharbh 4 місяці тому

      Indeed. its is an overrated place. which ever month you visit its always Hot. And the Dec month when weather is better, its super expensive.
      Beaches of Karnataka are better, cheaper & good weather

    • @nikitaraikar4042
      @nikitaraikar4042 3 місяці тому

      Goa is overrated place and loosing its beauty.. there are much better place in India or outside India which can be done at same expense

  • @kushanand9563
    @kushanand9563 Рік тому +63

    Really interested in buying property there..only issue is money😄

    • @MyMoneyUniverse
      @MyMoneyUniverse Рік тому

      till then u can make money by investing well. i show my stock portfolio openly nd analyze what all shares i m buying. u can see that. might help!

    • @vinayakl2357
      @vinayakl2357 Рік тому +1

      Super Kush. I don't want to buy. If somebody allows me to stay in such property free more than happy

    • @MyMoneyUniverse
      @MyMoneyUniverse Рік тому

      @@vinayakl2357 haha bro lets make Kush buy the property nd we can manage it nd live there also.

    • @kushanand9563
      @kushanand9563 Рік тому

      How about a Laxmi chit fund 😄

    • @MyMoneyUniverse
      @MyMoneyUniverse Рік тому +1

      @@kushanand9563 haha yeah we just 3 boys. need a Bipasha

  • @ankursharma2244
    @ankursharma2244 Рік тому +7

    I have 5 office space . One in thane mumbai 4 in Noida. All 5 roughly 1000 sqft. Thane one I m getting 1lakh per month . Current price of the property is 1.8 cr though we bought @60 lakh 10 years back. Noida property is giving 45000 per month of all 4 office space each. (80lakh each )

  • @surajitredme8267
    @surajitredme8267 Рік тому +4

    Hi Akshat
    I stayed in your society last week in a AirB&B listed property. It's Costa Vista Verde. I liked the place. Definitely a good buy. I stayed in Patnem also and felt that rental yield are even higher there. May be a scarcity premium they are charging.

  • @man-m
    @man-m Рік тому +25

    Goa is a very small state. Outsiders should not be allowed to buy land in Goa as bcz of ths there is pseudo rise in prices of land which becomes difficult for locals to buy at such high prices. There should be some domicile like 5 or 10 yrs stay mandatory before buying land for outsiderd.

    • @Punisher704
      @Punisher704 Рік тому +1

      Ya

    • @Azhar_shaikh1
      @Azhar_shaikh1 Рік тому

      Like Kashmir? LoL

    • @pratheeshm400
      @pratheeshm400 Рік тому

      Hahaha. Get lost

    • @man-m
      @man-m Рік тому

      @@pratheeshm400 This comment is towards me Or Akshat?

    • @claytonbigsbyofmodernindia7127
      @claytonbigsbyofmodernindia7127 Рік тому

      I lived for 2 1/2 years in Ponda, Goa, I really liked it there, though not closer to the beach, I feel so nostalgic about it, the weather was great, the terrain was nice. and we used to hear that if you leave something somewhere, no one is going to take it, it would stay there if you come back for it. No wonder people want to live there.

  • @AmitShYT
    @AmitShYT Рік тому +13

    Well..this was an entirely different scenario I came to know about buying property in Goa.. thanks for the informative video👍

  • @omkarinamdar7646
    @omkarinamdar7646 Рік тому +9

    You should have Tata or Ambani kind of wealth to buy a Villa in Mumbai. There are some places in Mumbai which has literally 10-12 lakh rent per month.

  • @joydeepghosh490
    @joydeepghosh490 Рік тому +6

    I don’t about other Cities but in Bangalore rent definitely is on higher side. It’s very difficult to get one crore property rent just in price 25k per month.

  • @aankitmajithia5051
    @aankitmajithia5051 Рік тому

    Make a video on
    1. Delta Hedging
    2. BTST - Buy today and sell tomorrow
    3. SLBM - Selling, Lending Borrowing Money
    4. Arbitrage.
    5. Algorithm Trading.

  • @prt3655
    @prt3655 Рік тому +1

    Delhi NCR buyers got fooled by the myth that banks do proper background checks while giving loans. Now a major percentage is paying EMI to bank and no hope to get their flats or plots

  • @bloodthirstyworks
    @bloodthirstyworks Рік тому +5

    12 percent yield on a 2 crore house. So you are saying you can charge 200,000 rs per month or 6600 per day consistently every day for a full year for multiple years?

  • @dummydubai7830
    @dummydubai7830 Рік тому +6

    80k rent per month so annual is 960k on 2 crore. Rental yield is 4.8% per annum

    • @aeonsleo2
      @aeonsleo2 Рік тому

      That's correct. Property as an investment is a very bad idea.

    • @VishalPendharkar
      @VishalPendharkar Рік тому

      Correct...and Airbnb is not a guaranteed income..need to do lot of marketing and bargaining

  • @blackhorn7888
    @blackhorn7888 Рік тому +5

    I live close by to Varca... rental yield you mentioned is on the higher side. Also please be mindful about land grabbers... in detail investigation of property is must before buying.

    • @nq8841
      @nq8841 Рік тому +3

      Well said, buying real estate is not a big deal if someone has money or can get and repay home loan. But people don’t realise that owning real estate is not easy if you stuck in any civil case then you will keep fighting cases in court for next 20-25 years. I am saying this based on my personal exp, I own agricultural land, Shops. Industrial plot residential plots, multiple houses, flat in ncr. Nothing on loan, There are so many challenges in managing and getting rent on time. Some people will not pay rent and will not vacate if you tried legal remedy then forget about that property for atleast 10-15 years and legal expense on your head. Real estate is good bit it comes with its own problems. I think owning a Realestae near by your local area is good so that you can keep an eye on things on your own. Buying real estate in another estate is a risky business. Where you are just like a tourist 😂.

    • @triggeredlonda4317
      @triggeredlonda4317 Рік тому

      @@nq8841 if you don't have power of local mafia don't rent anything if they miss rent by 1 day they call me and say sorry we will give you fast name is enough if nobody is afraid of you local chapri people will eat your property and you haha

    • @nq8841
      @nq8841 Рік тому

      ​@@triggeredlonda4317 Well said, that's what I said properties only locally where you can look after easily (Kick out if anyone gives trouble). I charge 500 a day for default rent for shops If still anyone don't pay I know how to do wasooli. but you will always get such few tenants who will never pay rent on time and if you know how to recover then its all good. these are common problems in real estate rental in our country that why i don't think its a good idea to invest in another state. There are millions of cases in courts if you choose to go legal way.

    • @triggeredlonda4317
      @triggeredlonda4317 Рік тому

      @@nq8841 if you are not a bhai or have connection of bhai in your town City your Land is gone i have seen many bhai taking land from upper middle class here shops are common it's business town in Maharashtra if have more than 1 wassoli guys come to ask their share day by day inflation is eating people if goverment can't stop inflation it will get worse salary of lower income class is same since 20 year inflation is so they are surviving on goverment rashan if lower class get mad in upcoming since billionaire in india want to build 15kcr house over the slums it will go downhill wages are not keeping up with inflation in india for 20years i have seen 16 year old boys killing kidnap in 1000 of them making gang for making money jobs only pay 5k to 8k

    • @nq8841
      @nq8841 Рік тому

      @@triggeredlonda4317 Ha ha ha 😛May be this kind of situation in your state, I am from UP living there from Multiple generations with enough family connections and capable enough to deal with such people . Btw in current Govt Such Bhai Log are in Jail or out of state and some send to hell by police. even before that we never got any problem from so called bhai log 😏 All the very best to you.

  • @saurabhrajashokbansal8371
    @saurabhrajashokbansal8371 2 місяці тому

    while buying a property for rental yield, one should give equal importance to capital appreciation, because the main earning will ultimately will be through how much value your asset had appreciated and not through how much rent one had earned from an asset in say one year

  • @madhav-dass
    @madhav-dass Рік тому +2

    How did you finance this villa ? Did you take a loan ? If yes, can you make a video about loan vs buying your own property

    • @_akshat_shrivastava_
      @_akshat_shrivastava_ Рік тому

      ᴛʜᴀɴᴋꜱ Ŧᴏʀ ᴡᴀᴛᴄʜɪɴɢ👍
      ꜱᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ✍️
      ᴡʜᴀᴛꜱᴀᴘᴘ✙ 𝟏𝟒𝟔𝟗𝟐𝟏𝟓𝟓𝟎𝟐𝟏

  • @JAC993
    @JAC993 Місяць тому +1

    My friend Akshat your 2 crores villa will never appreciate, when you decide to leave Goa , they will offer you half price for your villa , that is Goa.

  • @utkarshpai1526
    @utkarshpai1526 Рік тому

    Hi Akshat. Just to be clear if you have bought a villa in a villa complex then the land probably doesnt directly belong to you and you may be owning undivided proportionate share in the larger property itself. Please check.

  • @raghvendrasingh9675
    @raghvendrasingh9675 Рік тому +3

    Our group lived in your villa in March 2019 - its a nice place, very close to the beach :)

    • @HimanshuKhanduja
      @HimanshuKhanduja Рік тому

      What is the name of villa?

    • @manyubaweja
      @manyubaweja Рік тому

      @@HimanshuKhanduja costas vista verde, found it on google

  • @rajsharma-yl4vb
    @rajsharma-yl4vb Рік тому +1

    U missed vital answer...wats ur viĺla plot area and covered area? Why u want to hide tat?

  • @SrihariSahu
    @SrihariSahu Рік тому +52

    Hey Akshat!
    Just wanted to let you know the average rent in Bangalore for a flat of 1cr has risen to 65-80k per month and people are paying for it. The options at walkable distance from office spaces are just around 80k-1L. In your view, would this market slump?

    • @promiseulegede6505
      @promiseulegede6505 Рік тому

      Appreciate your comments
      What' sap me with the number showing above
      for guidance, consultation and more
      investment updates…

    • @Lifescape89
      @Lifescape89 Рік тому +21

      Srihari, where in Bangalore you get such rental?

    • @madans19
      @madans19 Рік тому +17

      dude are you serious? where is it for 80k

    • @varunsathyanarayana3384
      @varunsathyanarayana3384 Рік тому +15

      Boss 80-1L rent on 1cr property.., can you please clarify for how many months

    • @raghukoka8106
      @raghukoka8106 Рік тому +13

      Yeah..this cannot be true. Get me one such property bro i will buy.

  • @observenotify8604
    @observenotify8604 Рік тому

    The land price from September 2023 in the Village of RAIA, where the 6 meters road is passing through the village, the price of land per square metre is Rs.35,000/- to 50,000/- . But: at the Highway side of RAIA Village, the land price for per square metre is Rs.60,000/- to Rs. 80,000/- per square metre.
    RAIA Village is a hot cake.

  • @vikramkumarp
    @vikramkumarp Рік тому +11

    Buying a Independent property in Bangalore is the.most diffcult in india

  • @alishashenoy
    @alishashenoy Рік тому +1

    You can’t even buy a flat for 2 crores in my city( and it’s the poorest metro) buying a frigging villa in Goa?

  • @amone982
    @amone982 Рік тому +1

    What is your view on investing in real estate in Jammu and Kashmir, will it be a good investment considering the tourism industry over there?

  • @pankajtrivedi2255
    @pankajtrivedi2255 Рік тому +9

    Real estate is the only asset class that will make you wealthy even if you don't understand it. Finally you are on the right track to make wealth (accidentally)!

    • @Stevenvanmetre5807
      @Stevenvanmetre5807 Рік тому

      ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ⬆️ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ

  • @deepakpat
    @deepakpat Рік тому +7

    50% to the manager is very high, if he manages 10 such properties then his income is 4 lakhs per month. On the other side you needed capital of 2 cr plus bnb charges, plus maintenance cost plus gov charges.
    I know now I'll get your auto response to this comment, that too twice.

  • @prithvirajindi6606
    @prithvirajindi6606 Рік тому +13

    It's a really nice property Akshat- I stayed in the same Villa when I was in South Goa!

  • @nikhilkanojia1683
    @nikhilkanojia1683 Рік тому +4

    You got at a very good price ..the same would have cost 5 crores in a city like Bangalore

  • @dips2805
    @dips2805 Рік тому +2

    Absolutely informative.
    It would be great if you can help with any agent or broker who can help us getting similar property near beaches.

  • @aakashbanhani667
    @aakashbanhani667 Рік тому +1

    I have brought a plot of 1000 sq/feet at 80 lacs & construction cost 45 lacs with furniture in Indore & build a paying guest house for girls now I am earning 1.5 lacs a month without any hassle. So more then 1% a month i am earning every month.

    • @akshats.247.
      @akshats.247. Рік тому

      ᴛʜᴀɴᴋs̶⬆️ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ⬆️ғᴏʀ ᴍᴇɴᴛᴏʀs̶ʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs̶ ᴡʜᴀs̶ᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ.

  • @clinton2412
    @clinton2412 9 місяців тому

    Do you own your properties under your name or thru a company? Can you do a video on which of the 2 make more sense? Also if a company is the way to go what are the key points to keep in mind?

  • @rahulshendre7089
    @rahulshendre7089 Рік тому +1

    I remember you saying I will buy a house in goa like 1 year ago
    and finally you did
    great

  • @chrysostomfernandes4354
    @chrysostomfernandes4354 Рік тому +4

    Investing 2 cr n giving for rent 70 to 80k doesn’t seem a wise business

  • @sandy141980
    @sandy141980 Рік тому +6

    You mentioned that you have hired a manager and you give out 50% of your rental revenue (6 - 7% yield) to the manager as his salary/commission. Isnt that a very high commission to give to someone who just manages your property or its a norm for every manager who takes care of your property to get 50% of the monthly rental ?

    • @Louis7491
      @Louis7491 Рік тому +7

      I am from Goa. What you say is true in part.
      1. Rs. 81,000/- South Goa? 50% to Manager?
      lucky bugger? Any more properties for
      Management?
      2. The best idea was to
      get a bank loan. Let the bank do the donkey work. So take a small loan even if you don't want one.
      3. Check who the land owners are, by checking the Record of Rights form 1&XlV. You can do this on line.

    • @adhirajsinghjhala4792
      @adhirajsinghjhala4792 Рік тому

      @@Louis7491 hi ..thank you for the info

  • @skadvani
    @skadvani Рік тому +2

    Your videos are very educative and helpful. Looking forward for many more. Cheers👍

  • @UGNANESH
    @UGNANESH Рік тому

    I was staying in C1 last week , costa Vista ❤

  • @radioactiveposts5275
    @radioactiveposts5275 Рік тому

    Okay, so by definition rental yield of a property is annual rent generated by the asset.

  • @alishashenoy
    @alishashenoy Рік тому

    My 3 cr flat in metro! Which gets zero returns and if I want to sell and move to a new building I get half the size! I don’t even understand how someone can buy a villa in 2cr.

  • @naveenkulashari7487
    @naveenkulashari7487 Рік тому +3

    Akshat trying to be vlogger initially but then cannot hold his nature of sharing knowledge..hahaha..love from this end..big fan Akshat..

  • @MrAndy20001
    @MrAndy20001 Рік тому +1

    How's the long term appreciation value in Goa in terms on % .... Past can differ from present but just an approx .

    • @akshats.247.
      @akshats.247. Рік тому

      ᴛʜᴀɴᴋs̶⬆️ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ⬆️ғᴏʀ ᴍᴇɴᴛᴏʀs̶ʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs̶ ᴡʜᴀs̶ᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ.

  • @AbdulMannan-yq7xy
    @AbdulMannan-yq7xy Рік тому

    Rental yield in delhi is 70-75k for 1.5cr home with 4 floors in 55sq yards

  • @ashjay05
    @ashjay05 Рік тому +1

    Dude if you keep 2cr in FD you will get lakh per month....No need to roam no need searching house just sit at home and earn interest...

  • @brahmanandnaik9415
    @brahmanandnaik9415 Рік тому +1

    I really wonder how the returns on 2 Crowe villa can fetch you a decent returns . I feel you can earn 80to 90 %returns on average 3 years time on investment in land properties if u have time to search them by yourselves giving you best returns.I have been a investor myself and I am always on lookout for properties which give me atleast double my investment in 3 yrs time . And to be very frank I have got it also. Just that I block it for 3 yrs.let’s us get connected for such investment options.

  • @deveshgarg310
    @deveshgarg310 Рік тому +1

    Bought it from James? Costa Vista Verde?

  • @Bauer787i
    @Bauer787i Рік тому +1

    thats why i invest in buch kalifa and hire my own aibnb manager and make 5000 Aed a month. after paying the manager.. i am not even joking. I got 9 months in dubai.. Goa is a good place but its risky.. Dubai is straight

  • @dr.netalkar
    @dr.netalkar Рік тому +2

    I am fro Goa so can give some credible guidance. For such a villa you cant get more than 40K rent in Goa. Also if it costs only 2 Cr. it is in remote south Goa region. Typical price in Dona Paula and near capital city is 3.5 to 5 Cr. Best is for short term rent but the maintenance of such a villa will be very bad when multiple people use it as hotel. Labour is very expensive in Goa. Someone to maintain this villa will charge not less than 20K per month. Electricity bill will be around 6000 pm. So beware before you buy properties here.

    • @Akshat7107
      @Akshat7107 Рік тому

      ᴛʜᴀɴᴋꜱ Ŧᴏʀ ᴡᴀᴛᴄʜɪɴɢ👍
      ꜱᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ✍️
      ᴡʜᴀꜱᴀᴘᴘ…✙𝟏𝟗𝟏𝟐𝟔𝟎𝟔𝟖𝟎𝟎𝟓..

    • @surajitredme8267
      @surajitredme8267 Рік тому

      They are charging 8K per day as on last week

    • @komalchaudhry1336
      @komalchaudhry1336 Рік тому

      ​@@Akshat7107Amazing video.Want to shift to Goa myself to manage properties for tourists.

  • @adityatendulkar1130
    @adityatendulkar1130 Рік тому +1

    I know this place ..it's in Varca ..have stayed here through Airbnb a few years back

    • @akshats.247.
      @akshats.247. Рік тому

      ᴛʜᴀɴᴋs̶⬆️ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ⬆️ғᴏʀ ᴍᴇɴᴛᴏʀs̶ʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs̶ ᴡʜᴀs̶ᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ.

  • @poorvakelkar6523
    @poorvakelkar6523 Рік тому +1

    Goa has become a victim of tourism. Now Goans are paying the price. The rental yield is so high that we natives too end up paying exaggerated rental rates..

  • @ulta1021
    @ulta1021 Рік тому +6

    Akshat is really improving his content and spending his best time at Goa

  • @ashish007ist
    @ashish007ist Рік тому

    This guy purchased a villa and didn't show it from inside. How do we trust him?

  • @jmjBuilder
    @jmjBuilder Рік тому +1

    Hi sir, i am from Hyderabad first time I watched your video. It was good imparmation. Plze can you do investment in Dubai Videos.

  • @avinashrockstar
    @avinashrockstar Рік тому +1

    Hyderabad 2bhk is costing around 1.2 crores and rent will not be even 30k!

  • @divyabharathim68
    @divyabharathim68 Рік тому

    Whatever you tell it's more educative I feel addicted,,, I am a teacher and my teaching way resembles you,, keep going akshat,,

  • @Avijit12345
    @Avijit12345 Рік тому

    Very nice video Goa is reALLY POLLUTION FREE And beautiful I WANT TO BUY ??

    • @Stevenvanmetre5807
      @Stevenvanmetre5807 Рік тому

      Appreciate your feedback🔼
      What'sap me with the number showing above for more information, consultation and moreprofitable updates.

  • @AdvicesAcademyNetwork
    @AdvicesAcademyNetwork Рік тому

    As a fan of yours, do you know there is Goa Portuguese Law applicable. I don't know much but just wanted to know.

  • @MrGuddulove
    @MrGuddulove Рік тому +1

    Sir Which documents to check before buying property in Goa?

  • @antcolly4271
    @antcolly4271 Рік тому

    A real estate supposedly boom in Goa, ultimately will be detrimental to the social fabric of Goa. The state one of the richest in India, does not need or want monies from out of state buyers. A capital gains tax should be implemented on such properties.

  • @manaschawla3616
    @manaschawla3616 Рік тому +2

    Akshat..... I work with Air india as a crew member there is not a single video I have missed of yours till date I have a dream to see you in the sky someday to fly you to your favorite destination.... Someday!

  • @RohitSharma-yh7xk
    @RohitSharma-yh7xk Рік тому +2

    When you say you are getting around 80k as monthly rental and 50% (around 40k) will be taken by a manager that you have hired. This reduces your cash flow significantly and in the end, reduces the rental yield that you will be getting. Then how it became a good investment when you are making only 3% as rental yield?
    (assuming 3% has been taken by your AirBnb manager)

    • @Stevenvanmetre5807
      @Stevenvanmetre5807 Рік тому

      ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ⬆️ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ….

    • @pinjalsarkar
      @pinjalsarkar Рік тому

      He gets flat 81k after the manager takes 50% cut. Thats meaning total yeild is around 160k per month,apparently.

    • @RohitSharma-yh7xk
      @RohitSharma-yh7xk Рік тому +1

      @@pinjalsarkar As he said he is not putting his time into managing the villa else he can easily make a 12% rental yield and currently making a 6% rental yield. Now, this is what I want to understand (as not clear to me) the 6% he is making is his share or the total rental yield. 6% of 2 CR comes as 1 lac per month. With 160k per month, the rental yield comes to 9.6% for 2 CR villa. So with any calculation 80k per month is not a 6% rental yield for 2CR Villa.

    • @sagaronline265
      @sagaronline265 Рік тому +1

      @@pinjalsarkar nonsense.i doubt 80 k,forget 1.6 l.

    • @abhishekmittal7213
      @abhishekmittal7213 Рік тому +1

      @@RohitSharma-yh7xk The airbnb nightly rates that I checked for villas in south goa are 7 to 8k on average. So best cases scenario if villa is booked for every nite, it leads to earnings close to 2lakh after airbnb cut. So on average throughout they year ig, he can earn close to 8 to 9%. After managers cut ig he will get 4.5%. I think he just put those 6% and 12% numbers assuming the best case scenario.

  • @HarpreetSingh-xr6em
    @HarpreetSingh-xr6em Рік тому +1

    Similar villa in delhi indecent locality at 3x is a big joke .West delhi conjested lanes 3bk builder floor at 2.25 Cr Imagine the price of villa in delhi (Not outer delhi )

  • @afbraganza
    @afbraganza Рік тому +1

    On a 2 crore investment on this villa, the monthly EMI will be close to 2 lacs per month plus there will be monthly maintenance. And you are saying you pay 50% (around 40-50K pm) of your rental income to the property manager. So, one needs to earn at least 2.5 lacs per month on this villa on rents. Unless an average Indian has 2 crores spare cash to invest and has no worry about paying EMIs, I feel this is a very tricky investment deal.

    • @akshats.247.
      @akshats.247. Рік тому

      ᴛʜᴀɴᴋs̶⬆️ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ⬆️ғᴏʀ ᴍᴇɴᴛᴏʀs̶ʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs̶ ᴡʜᴀs̶ᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ.

  • @syedbilala7757
    @syedbilala7757 Рік тому +1

    Akshat Bhai! I've invested in Wright Momentum and Green Energy Smallcases, What should I do now???

  • @benjamindsouza6736
    @benjamindsouza6736 Рік тому +1

    At the rate at which real estate is being bought up in Goa, with individual investors often purchasing multiple properties, this beautiful place will soon cease being the paradise it is. Parts of Goa have already turned hellish with concrete jungles replacing verdant forests. It's really very unfortunate that Goa is fast losing it's hills, forests, fields & coastal areas just so that some people can 'make an investment', park their excess or black money just so that they have a 2nd, 3rd, 4th......nth home, & in the process destroying the only home the natives really have!!
    One can already see the repercussions of this frenzied real estate madness in the drastic drop in the number of foreign tourists, some of whom have even declared publicly in the media that they will never return to the paradise that has been ruined beyond redemption!

  • @dheeraj787
    @dheeraj787 Рік тому

    Not sure how maintenance charges are less in goa. Maids are 3 times costlier. Hardware cost is 2 times costlier.

  • @anilmahajan4841
    @anilmahajan4841 Рік тому +1

    I saw a add on face book from GHD builder from Goa that he is building a resort in dodamerg .and if you booked a villa in that project you will immediately get fixed rental income.
    Please guide me that should I invest in that project or not.
    Please reply

  • @RJVLOGZ1
    @RJVLOGZ1 4 місяці тому +1

    140 Crore want to buy property in Goa. Coming 5 years Goa will not remain Goa. Real Estate has already destroyed 40% of Goan natural beauty, remaining will be done soon. Goans are themselves responsible for this for selling their property to become millionaire overnight.

  • @rajlaxmikarnik1046
    @rajlaxmikarnik1046 Рік тому

    Interestingly, you spent some good time in Goa to know the market and then you purchased the prop which is really major piint to be considered...

  • @ZehraaMusic
    @ZehraaMusic Рік тому +16

    please talk more about gurgaon's real estate market

    • @Stevenvanmetre5807
      @Stevenvanmetre5807 Рік тому

      ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ

  • @khuzema
    @khuzema Рік тому +1

    @akshat when the rental yields are 6-7% and home loans currently at 8% how do u plan to pay off the difference ?

  • @ambedkarworriers6541
    @ambedkarworriers6541 Рік тому

    This guy Akshat, worked only 5 months in BCG as an associate, having no such credentials in corporate, if listen the aspirants of foreign MBA...he sucks huge amount of money, no service, no knowledge...by selling INSEAD tag... become rich, at least what he intends to promote. Incredible India. 😆👌

    • @Akshat7107
      @Akshat7107 Рік тому

      ᴛʜᴀɴᴋꜱ Ŧᴏʀ ᴡᴀᴛᴄʜɪɴɢ👍
      ꜱᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ✍️
      ᴡʜᴀꜱᴀᴘᴘ…✙𝟏𝟗𝟏𝟐𝟔𝟎𝟔𝟖𝟎𝟎𝟓..

  • @14iagoutamilot85
    @14iagoutamilot85 10 місяців тому

    This was an entirely different scenario I can to know bout buying property in goa..thnks for this informative video

  • @MrSsthakur
    @MrSsthakur Рік тому +1

    Akshat, excellent video, is it possible for a quick chat?

    • @Akshat209
      @Akshat209 Рік тому

      ᴛʜᴀɴᴋꜱ Ŧᴏʀ ᴡᴀᴛᴄʜɪɴɢ👍
      ꜱᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ✍️
      ᴡʜᴀᴛꜱᴀᴘᴘ✙⑨①⑦⑤⑨⑦⓪③⑦⓪⑧①

  • @fionavaz3191
    @fionavaz3191 Рік тому +2

    People come to Goa and do not assimilate into the local culture, while expecting the local culture to appease them. It is a sad situation and hopefully Goans are able to say no. Strange that people will simply purchase houses to make an extra buck- after making a few crores and even retiring early. There is no end to greed couched as 'success'.

    • @benjamindsouza6736
      @benjamindsouza6736 Рік тому

      Indeed this greed is turning this paradise into a hell that nobody - not even the locals, would want to live in.!!!

  • @curiosityideaunlimited2779
    @curiosityideaunlimited2779 Рік тому +6

    welcome....💐💐good to see in goa . I m from Karwar....

    • @promiseulegede6505
      @promiseulegede6505 Рік тому

      Ok

    • @promiseulegede6505
      @promiseulegede6505 Рік тому

      Appreciate your comments
      What' sap me with the number showing above
      for guidance, consultation and more
      investment updates..

  • @callingbell-ix5se
    @callingbell-ix5se Рік тому

    Good luck with having occupancy now especially since airport is moved further north. Travelljng to South is pain now

  • @NewtonCruz897
    @NewtonCruz897 Рік тому

    Construction is not strong.
    I bought one in south but all after 3 years a big crack's. I am surprised 😯 and spend lots of money to repairs. 🙏

  • @devashishsolanki2940
    @devashishsolanki2940 Рік тому

    Dear Akshat, thanks yet again for such a wonderful and informative video. Also could you advise on investing in plots at Sasoli. Thankyou

  • @anubhuti4349
    @anubhuti4349 Рік тому +1

    Why to buy a house in goa when 80 Percent of the houses are lying vacant or abandoned.nobody lives there.people hv left goa due to lack of job opportunity.except hotel लिकर एंड casinos ,there is nothing, weather is extremely bad ,hot and humid ,

  • @shubhambansal013
    @shubhambansal013 5 місяців тому

    One question? How is the rental yield 6-7% with 81k?
    Wouldn't 6% rental yield on 2cr be 100k?

  • @viyarawat
    @viyarawat Рік тому

    Rent in Bangalore have shot up. For 2BHK from local builder, rent is 30-40k per month. It’s impossible to get a flat for rent in a gated society for less than 28k in areas like whitefield. So your assumption of 25k rent for 1 crore property is wrong. A 1 crore property for rent can be as high as 50-60k per month easily

  • @hgpoovanna4069
    @hgpoovanna4069 Рік тому +1

    The strap on your helmet should be snuggly fitting but not loosely hanging. Not criticising you here, but , it is a saftey issue , wearing a helmet with such loosely hanging strap is as good as not wearing a helmet. Offtopic i know, but i think its important. Love your content though. Thanks

  • @keyaar3393
    @keyaar3393 9 місяців тому

    A few months back u have made a video on how real estate investments can go negative if its not commercial. And u have specifically mentioned that -- why can t I go for a Portugal golden visa than buying a villa in Goa.... & wow, u bought a villa in Goa..... Nice.... usually u talk about new words in english to improve our vocabulary, thanks for that, but this time let me introduce a phrase to you, it should be quite new to you "walk the talk"

  • @cherylpereira2353
    @cherylpereira2353 Рік тому

    Its difficult to sell and exit..... Talking of renting.... Ur expectations are seasonal

  • @mareshbasettiyavar7989
    @mareshbasettiyavar7989 Рік тому +1

    Hi akshat ji.. Which is the best area to invest in goa. For rental income purpose

  • @Utpalcc
    @Utpalcc Рік тому

    I purchased a 3 BHK flat in Dona Paula, very prestigious builder of south. Cost almost same of this bungalow

  • @Onehandlebartwowheels
    @Onehandlebartwowheels Рік тому +1

    How is the internet facilities there? I heard the internet's not so good. Please let us know :) Thanks Akshat, been watching your videos and loving them!

  • @KanwarAnand
    @KanwarAnand Рік тому +1

    great video. thanks. i shared with my family. I wish you had told us about basics like carpet square footage of the property. it helps guys like me. I own a coworking space named amigo in noida. Come by sometime. Or dont : )

  • @umangjhalani994
    @umangjhalani994 Рік тому

    Ho you have calculated rental yield of 6-7% ??
    Villa cost = 2cr, Monthly rent = 81,000
    Annual rental yield = 81000 x 12= 9,72,000
    Yield% = (972000 ÷ 2cr) x 100 = 4.86%
    Please clarify

  • @ziyaquraishi1693
    @ziyaquraishi1693 Рік тому

    Sir what about the trust issues when purchasing in other cities..what should be the approach to buy properties in new cities so that we won't get cheated , plz reply or make a video on this topic

  • @rraks01
    @rraks01 Рік тому

    Hi Akshat, please make a video on pros and cons of buying commercial properties.

    • @Akshat7107
      @Akshat7107 Рік тому

      ᴛʜᴀɴᴋꜱ Ŧᴏʀ ᴡᴀᴛᴄʜɪɴɢ👍
      ꜱᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ✍️
      ᴡʜᴀꜱᴀᴘᴘ…✙𝟏𝟗𝟏𝟐𝟔𝟎𝟔𝟖𝟎𝟎𝟓