Has anyone bought in the Aldeia de goa development?

http://www.axiomestates.com/aldeia-de-goa.htm

thanks

Hi Jayl,

A warm welcome to the forum,
I havent heard this developement mentioned but maybe some of our watchers have 'bought' here.

Are you aware of all the warnings at the moment ref buying property in Goa?
If not, please take some time to read through some of the threads especially the 'Buyer Beware' one.

Most Foreign Nationals are either not buying at this time or trying to negotiate a way around the current deadlock regarding legally owning and registering property in Goa. If you are a NRI/PIO then buying property shouldnt be too hard otherwise i would stay well clear.

Regards,
Remy

Hi JAYL and all,

If you read the information provided, under the heading of Booking & Payment, you will see that it states that

“NRI's can make the booking now in FEW EASY STEPS.”

Perhaps the Developers are beginning to get the message.

Regards to all

John

thanks Remy for Highlighting the potential pitfalls. As a PIO the buying process, from reading postings here, may be compliant with Indian ownership laws.

I would love to hear from anyone who has bought in this development or has been to see it. It seems on the surface, a well thought out quality project, but that could just be good spin.
thanks

Hi Jayl,

As a pio you should have no problems purchasing.
The developement you have highlighted looks fabulous..........although expensive. Like you said it looks very well thought out and hopefully someone out there will be able to give you some feedback on it.

Regards,
Remy

Hi Jayl. I have bought a villa in this development and I visited it in November 2006. It is absolutely brilliant in its location, design, developer commitment.

However since the beginning of 2007, the construction has been put to halt in parts of the project (about 20% of the project.. including the villa). It is due to an ongoing campaign against regional plan 2011 and the destabilized state of politics in Goa. During the time, the developers have kept us closely looped in on their progress (Retd. Brigadier Puri is the director and is an honorable man). Also, after thorough due diligence, it is confirmed that Aldeia-de-Goa was wrongly looped into the anti-2011 campaign although it got approval as part of 2001 plan. The developers are trying their best to get back on track, and we strongly believe that they will be able to do so very soon especially now that the government is stable.

So, it is a brilliant project to invest in for investment or living purpose, but do check with the developers before you buy. I also believe that they are only selling parts which are continuing their construction.

Let me know if you need any more information.

Hi Dragon Blue,

Bloody Hell mate dont like the sound of that.
Some building work that came under the old 2011 Regional Plan is being demolished.
I hope your right and this one will be ok but i think after what you have said...........some people would think twice about investing in it at the moment and not without good reason.

However, thanks for the info and welcome aboard,

Regards,
Remy

dragonblue thanks for this info, I have to admit I do love this development, I have looked at quite a few. I have also been told that the development falls in the 2001 plan and hence the development will not be affected by the 2011 campaign. From what you say, am i correct in assuming that some of it may fall in the 2011 plan? I may have misunderstood.

As remyl says its does seem pricey ( is there still mileage for gains)but I suppose get what you pay for.
pls keep me updated on any new info you come across.
many thanks to you all
fab site

Hi All,

Remy - Will you explain the 2011 plan to "thicko, noffi head me"

Thanks

Hi Jayl

Is this the very posh complex on the hill side above Dona Paulo?

Old man

yes i believe it is?
http://www.axiomestates.com/img/satt...dei-de-goa.jpg

jayl

Hi noni,

In essence the 2011 Regional Plan was a land scam on a massive scale instigated by Goa's finest elected representatives.

Briefly, it sought to convert large areas of land from "Plantation Land" to "Special Economic Zones" (SEZ's) (intended to promote inward investment for business i.e. information technology, call centres...) with the future purpose of further coruption of these lands into "Settlement Lands". This would allow the builder's lobby to deforrest vast tracts of Goa's natural beauty in the name of "progress" and in collusion with certain politicians.

Almost uniquely, public outcry by those Goans who care about their ecosystem and way of life, even those who accept a balanced form of tourism/foreign integration, called the 2011 Plan to a halt. Well done.

Unfortunately, those same Goan speculators who bought land on the expectation/promise of their newly acquired land being "converted" are still in the process of attempting to "make excepton" or "bend the rules" so that they can get the go-ahead to proceed with their housing developments.

Crores will undoubtedly change hand, though I would take it as a test of the integrity of the recently formed Kamat administration if they stood by the will of the people on this particular issue.

Kamat himself is a significant investor in "real estate"; however, he has not been implicated in any "distortions" of zoning. On the contrary, the word is that he is a man of sound principle, though surrounded by sharks.

Cheers, it all makes sense somehow.

Thanks once again!
Noni

Hi Babu,

Very well explained...........i wouldnt have knew where to start.
I just hope the upcoming revised regional plan is with the consultation of the Goan environmentalists. We wouldnt want to see Goa turned into Mexico City .

Regards,
Remy

##

Hi Remy,

Well that saved you from explaining - you can explain the 2001 plan

Noni