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Why are land prices hitting the ceiling in Goa?

SOURCE :Economic Times

After being homebound during the pandemic, High Networth Individuals (HNIs) are rushing to buy second homes in Goa, driving up land prices according to real estate developers and property consultants. The lack of land with clear titles has also led to the rate hike by 20-30%.“The land which was available for Rs 20,000 per square metre is now going at more than Rs 25,000 per sq mt. While people from Mumbai always liked having a holiday home.

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