Second homes beckon Delhiites to explore beyond the NCR with Kerala and Goa offering irresistible choices, says Jayashree Kurup

If you are a resident of Delhi you will look for a property in Delhi. Right? Wrong! Increasingly, homebuyers from the NCR are actively seeking properties from across the country.

Take the case of Satish Nair. A Delhiite by birth and one who has lived in the city for the last 40 years, he always yearned for a house that he could call his own back home. However, searching for a house in Kerala was a tedious job and he was always hesitant in matching any action with his wish.

Similarly, Naina Balsavar knows more about property in Goa and their merits and demerits than many Goans. She has been keenly following all property launches in the state and is eager to pick up her dream home there one day.

Arvind Jhamb has been looking for a property in Goa for some years now. He even made a trip to the state and saw a few properties. "But either the price was not right or the titles were not clear," he says.

So, if the buyer is ready and properties are available, the best way would be to bring the properties to Delhi. Today zameen-zaidad.com, the property portal promoted by the Times Business Solutions Ltd has brought Goa and Kerala properties to the capital's buyers. On display is an array of different types of properties, including villas, row houses, 2- and 3-bedroom apartments and serviced apartments across Goa and Kerala. Each has a different set of drivers for the Delhi buyer.

Beaches that feature prominently in the Goa Property fair include Arpora, Baga, Dona Paula and Calangute, among others. Paresh Pai, partner in Heritage Princes Real Estate Developers, which is displaying Heritage Exotica at Arpora, says: "We are looking forward for prospective buyers from Delhi who are looking for a second home in Goa. Due to its beauty, greenery and climatic conditions, it has always been a favourite destination for investment and an attractive place for holiday homes."

For Agnelo Braganca, director Riviera Constructions Pvt Ltd, "The Riviera Foothills in Arpora in North Goa, due for completion in December 2009, with 2- and 3-bedroom apartments and villas is attractive to Delhi buyers because of the proximity to entertainment hubs.

For Kaushal Bagadia of Nitin Developers, Delhi has always been a market with immense potential for picking up Goa properties. Jugdeep Sehgal of Bharat Developers & Realtors Ltd says the USP of his sales pitch is that he has brought "fully equipped service apartments and townhouses in South Goa close to the world famous Pololem beach. The 5-star amenities result in a healthy 8-9% assured rental returns".

For Kerala, the large Keralite population living in Delhi is the prime target for properties at the fair. The consumer in Delhi looks for quality construction with good aesthetics and ventilation.

George E George, director of Infra Housing Pvt Ltd, says the consumer preferences have been for good returns on investment, projects nearing completion and home for the retired. He has brought all three to the zameen-zaidad Property show in Delhi. Infra Nouvelle, a one-bedroom, fully furnished and loaded apartment, which will be operated as a Luxury Serviced Apartment, comes with a price tag of Rs 24 lakh. Infra Vantage is for Rs 37 lakh and has luxury apartments to be completed in September 2010. Verandah Gardens offers high-end retirement homes at a price bracket of Rs 28 lakh to Rs 33 lakh.

Sobha Developers is coming with, Sobha City, at a special offer price of Rs 2,722 per sq ft for bookings till December 31, 2009 and is located 5km from Thrissur on the main Guruvayoor Highway, in Puzhakkal. Unnikrishnan, senior general manager, Sobha Developers, says: "We have introduced smaller size apartments with smaller builtup areas to make them affordable to the common man."

Oceanus Dwellings Pvt Ltd is offering apartments and villas in Kochi, Thrissur, Trivandrum and Kasargod. Price of flats range between Rs 15 and Rs 60 lakh and villas from Rs 18 to Rs 80 lakh. Shyam Sundar, GM (Business Development), says consumers are now choosier and seek budget homes with smaller areas.

The basic idea is that the consumer is now driving developers to meet his requirements. The choice is large and developers are in a mood to woo the end users. Little wonder that second homes beckon Delhiites to explore beyond the NCR.

Courtesy:- Times Property dt:- 12-12-2009

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