Goa Latest Real Estate News

Is real estate the best investment class?

The iconic Lincoln House in Mumbai was recently bought by industrialist Cyrus Poonawalla for Rs 750 crore. The 50,000 sq. ft property had been leased to the US government by Pratabsinhji Jhala, the Maharaja of Wankaner, for a sum of Rs 18 lakh in 1957. In the past 58 years, its value has grown 4,000-times at an annual growth rate of 15.45%. Most people infer that the property has given astronomical returns. Has it? If you go beyond the headlines and dig deeper, you will find that the return is not as spectacular as it appears. There was no Sensex when Lincoln House was being leased to the US Consulate in 1957. But if we assume that it existed and extrapolate the same 17.22% returns it has notched since its launch in 1980, an investment of Rs 18…
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The Weekend Plan offers vacation villas on rent in Goa, Maharashtra

For travellers who find the confines of a regular hotel rather restricting when they are on vacation, The Weekend Plan, a Mafatlal initiative, now offers a portfolio of more than a hundred luxury villas in Maharashtra and Goa for their dream holidays. The ever-growing portfolio of handpicked and personally inspected villas are currently available in the popular holiday spots of Khandala, Alibaug and Panchgani in Maharashtra and in North Goa. Since its inception in 2013, The Weekend Plan has catered to 1000+ plus travellers, a press release from the company said. “(They) can’t stop raving about this unique vacationing experience.  This is a travel bug of a different kind, once bitten you can’t go back to the confines and restrictions of a regular hotel,” it said. The venture started as a way for travellers to find a private…
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