First Goa development
Sep 18th 2008 | 2:07 am
#46
BE Enthusiast
Joined: Jun 2007
Posts: 701
Re: First Goa development
Hi J,
Welcome to the forum.
As a PIO you are free to invest in property (other than agricultural land), in Goa. Check the Govt of India regulations.
With regards to the First Goa development however, despite what the developers may tell you, it is extremely unlikely to go ahead for many reasons including the fact that the developers do not yet own the site which it is planned on!!!. I would strongly recommend to you (or anyone else looking at buying in this development) not to part with any money.
Are you looking purely in terms of investment, to let out, or for your own use?
Kind regards
Tom
Welcome to the forum.
As a PIO you are free to invest in property (other than agricultural land), in Goa. Check the Govt of India regulations.
With regards to the First Goa development however, despite what the developers may tell you, it is extremely unlikely to go ahead for many reasons including the fact that the developers do not yet own the site which it is planned on!!!. I would strongly recommend to you (or anyone else looking at buying in this development) not to part with any money.
Are you looking purely in terms of investment, to let out, or for your own use?
Kind regards
Tom
Sep 23rd 2008 | 7:25 pm
#47
I love apathy!
Joined: Feb 2008
Posts: 1,248
First Goa development - from today's Herald: connected?
I'm unsure if this is connected to the same 'land' that was to be used for the 'First Goa' development. . . . . . . . . . . .
http://oheraldo.in/pagedetails.asp?nid=10276&cid=26
Hemingway
http://oheraldo.in/pagedetails.asp?nid=10276&cid=26
Hemingway
Sep 23rd 2008 | 10:29 pm
#48
Banned
Joined: Jul 2007
Posts: 30
Re: First Goa development
Hi Tom
I have been away on business so sorry I did not reply sooner. I went to see the site in Betul and it was absolutely fantastic. I think the developer is still having issues with planning. I met with the local Claremont guys in Goa and they seem to have a very good team in Goa. I'll keep you posted on how things go
Jonny
I have been away on business so sorry I did not reply sooner. I went to see the site in Betul and it was absolutely fantastic. I think the developer is still having issues with planning. I met with the local Claremont guys in Goa and they seem to have a very good team in Goa. I'll keep you posted on how things go
Jonny
You are correct - this is exactly the same land that the Claremont group are under the impression that they "own"
Jonny - now that this thread has returned to normality, please could we have an update from the developers perspective?
Kind regards
Tom
