My Villa in GOA | Should you buy property in Goa? | Goa REAL ESTATE Market
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- čas přidán 27. 06. 2024
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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
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Nice Investment 😊
Could you please guide me to buy property in Goa. I’m confused 😐 about localities to pick
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❤️
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".
I'll now be able to meet you near Varca and get a selfie with you
I think he wanted to make a vlogging video, then got bored and ended making as usual educational video.
Hahahahhahahhaha good 1
this lavada akshat is making money out of us. 2 crore villa in goa and he's not even 35. saala chutiya, liar
by buying a property? Lol😂
🤣🤣🤣
Chaatna band nhi hona chahiye
Akshat is that topper whom you meet just before exams fully prepared also discussing random topics which you skipped.
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
This is actually true for all major cities
@@divyavenkatesh9072 at least in those cities people have intention to stay unlike goa where it's just a holiday home /2nd home
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.
Same here in dehradun ncr people buying heavily here
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.
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.
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
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.
Could you name some good builders?
Anthony, do you know location of this villa ? If yes pls share
@@rufus7787 DEMPO GROUP
Title issues in Indian Real Estate will always be a major hinderance. Obtaining bank loan is a great idea to avoid this.
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
Banks doing real estate verification is eye wash. I have seen top banks not doing proper due diligence.
there is one title that this information was all withheld, suppressed and concealed from everyone... there are many many different types of land TITLES out there... it all depends if you research and educated oneself on this subject matter...
@@nishilbright2007 The BANKS LOSE any ie money as it has none it own nothing... your talking about a subject that you are clueless on... and yes you need to do due-diligence in the subject matter you are dealing with... your misleading everyone here...
Well..this was an entirely different scenario I came to know about buying property in Goa.. thanks for the informative video👍
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
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.
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.
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.
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
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
Your videos are very educative and helpful. Looking forward for many more. Cheers👍
Slight correction for bangalore -
70-90 lakhs properties - 25-35k
1cr and up - 50k onwards, mostly upto 90k in big societies
Excellent video Akshat, definitely helpful
Very challenging atempt you did I feel akshath Ji
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.
Really interested in buying property there..only issue is money😄
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!
Super Kush. I don't want to buy. If somebody allows me to stay in such property free more than happy
@@vinayakl2357 haha bro lets make Kush buy the property nd we can manage it nd live there also.
How about a Laxmi chit fund 😄
@@kushanand9563 haha yeah we just 3 boys. need a Bipasha
Thanks, very informative
Very nice.. Real estate education explained 👌
wow...amazing video, Akshat
Akshat trying to be vlogger initially but then cannot hold his nature of sharing knowledge..hahaha..love from this end..big fan Akshat..
Nice video, Akshat - great info and insights - thx for your content!
Congrats and good luck Akshat
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.
Hmmm.... So what r the safest properties then to buy Goa..?
Absolutely, banks are nowadays interested in the repayment capacity of the buyer than the property title/legal issues.
Lovely meeting you Akshay at Edwins Goa on Christmas Day... Charlene
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)!
ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ⬆️ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ
Akshat, Congratulations, You made good investment from CZcams channel. 👍🏻
I remember you saying I will buy a house in goa like 1 year ago
and finally you did
great
Just popped up in feed - very nice
I purchased a 3 BHK flat in Dona Paula, very prestigious builder of south. Cost almost same of this bungalow
Thank you Akshat your video is informative and very helpful.
Congratulations
Happy for You
God Bless
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.
Very nyc info dear Akshat .thank you 👏👌👍❤️
Well explained
What about factors such as accessibility from railway, bus stations doesn’t it impact the rental yield?
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.
Akshat Bhai! I've invested in Wright Momentum and Green Energy Smallcases, What should I do now???
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.
I am so thankful for your financial education
Thanks for sharing bro...great video...
Very informative!!!!
highly needed
You got at a very good price ..the same would have cost 5 crores in a city like Bangalore
Really started seeing your lack of contents for CZcams videos ... So sad .... Plz keep up the work as you did always ...
English nahi aati toh chutiya toh matt kutva yahan lode. Upar se bakchod comment pelne aaya hai online. Sad!
Since you have commercial goals it’s ok
Whatever you tell it's more educative I feel addicted,,, I am a teacher and my teaching way resembles you,, keep going akshat,,
Congratulations !!
Just one thing, can you provide a link to your villa through air bnb?
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
Really nice bro.... If I visited the Goa then I'll call you
Hey! Are your courses pre-recorded or are they live classes?
Sir ... Your older Real estate investment videos please?
Akshat is really improving his content and spending his best time at Goa
Nice illustration
I stayed in this villa. 2018. Tht time it ws fr one crore. Calangute area
Make a video on do and donot of buying commercial property
Lucky you!! It's very beautiful!! Enjoy your good fortune. Great 👍👍
This was an entirely different scenario I can to know bout buying property in goa..thnks for this informative video
Bro u should remove this play at 1.5 times speed suggestion bcoz we would do it anyways
welcome....💐💐good to see in goa . I m from Karwar....
Ok
Appreciate your comments
What' sap me with the number showing above
for guidance, consultation and more
investment updates..
Very useful
It's a really nice property Akshat- I stayed in the same Villa when I was in South Goa!
Where it is exactly?
What was the per day rent?
Where is it in Goa
Who is the builder ?
Would u tell name of this society?
Congratulations Akshat 👍
Better to invest fort kochi like Home stays
किती व्यर्थ बोलता भाऊ तुम्ही 🌹
Absolutely informative.
It would be great if you can help with any agent or broker who can help us getting similar property near beaches.
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!
Okay, so by definition rental yield of a property is annual rent generated by the asset.
Informative
Appreciate your comments
What' sap me with the number showing above
for guidance, consultation and more
investment updates…
Buying a Independent property in Bangalore is the.most diffcult in india
why
Habibi come to Mumbai 😅
All the very best sir
Hello sir 🙋🏻♂️ i really like your english speaking skills❤
After travelling several international beaches i love goa ❤…….
Akshat you bought a Honda City too?
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 )
Mauj he aapki toh
Can you provide more information on office spaces?
Thane is another city, not mumbai
Are you interested in Goa ?
There is no compound wall surrounding your villa. How does the land become yours then?
Yehhh Boy!
Wow 👌
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...
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...
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.
Otherwise a good video bringing our the pros and cons
Akshat sir ki balle balle...
Fantastic info thank u
In Bangalore 1 cr property rental will be 40k easily
81000*12*100/2,00,00,000 = 4.86
How are you claiming rental yield to be 6%?
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
Dear Akshat, thanks yet again for such a wonderful and informative video. Also could you advise on investing in plots at Sasoli. Thankyou
Guide me....i am looking for property in Goa....
Awesome, i am also living in goa for an year now, and that too in varca 😀
@Unfriendly atheist nobody wants to live in bimaru hellhole, industries and constructions are need of developing nation. And people looking for Jobs will always move to such cities.
Those who become financially independent and don't need to stay in such polluted cities. Always look for alternative.
As for living in Goa, or anywhere else,
we are contributing to the economy of such places by living here. Paying Rent, Buying groceries from locals and much more.
Hey akshat.. can you please ans that this 2 cr the approx value of the property is completely in cheque or DD form ?? Or there is sone cash also involved into this ??
You can earn much higher income in Mumbai than Dilli for sure.
Hi Akshat I am from Goa, Varca. Welcome to Goa.
Investing 2 cr n giving for rent 70 to 80k doesn’t seem a wise business
Bhai I'd definitely love but it's so very expensive
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 : )
please talk more about gurgaon's real estate market
ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ
Rental yield in delhi is 70-75k for 1.5cr home with 4 floors in 55sq yards
How much is the maintenance???
Garbage collection is major issue in goa specifically if you area comes under village panchayat like we have navelim nearest to it