@@@@is it a good idea to invest in a hotel in goa@@@?

Question

hi hear its a good idea what do you guys think

Answer 1

Many guesthouses and hotels are built illegally in Goa. The supreme court has ruled that many must be removed and taken down. There is a minimum distance they are allowed to build to the seas side. I think about 50m. Also many properties are built on illegal ground. The result is that the government will come in with a bulldozer and tear down the structures. Not too good of an investment eh?

Here are the Goa hut faq's with more info:

http://mysecretplanet.com/content/view/6...

Answer 2

Business is adventure.  Think and plan well before you ink.

If  you are intelligent and capable, invest ,otherwise, keep off.

Answer 3

It would be risky.  They are already talking about getting a legislation barring foreign people from buying property in Goa

Answer 4

Goa for it! Terrible I know.

Answer 5

no...not worth it...the competition will be tough as there is so much accomodation available....there is already an overkill of bed & breakfast places & hotels...i wouldn't invest there.

Answer 6

dont...

even Indians dont do it

put ur money in safer investment

Answer 7

I wouldn't. I don't like risky investments and that sounds like a potentially risky one, but I don't know enough about it.