Royal Avenue By GHD Group

Property Details

Micro-market

Thivim, North Goa

Configuration

Apartment

Property Type

Apartment

Status

Ready to Move

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Available Properties

Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.

Inventory Type

Amenities

Property Information

Legal Information

Indicative legal & tax information based on available documents; verify with your lawyer before transacting.

RERA Applicable

Yes

Occupancy Certificate

No

Authority

RERA Goa (GoaRERA)

Fire NOC

No

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status

• Permitted, freehold

What you actually hold

• You hold freehold title to the flat or house, plus an undivided share in the land and common areas. In a society or apartment association you also hold membership rights.

Key rules and restrictions

• The sale deed must be registered at the sub-registrar office in whose jurisdiction the property sits.
• Under-construction stock should be RERA registered in the state.
• A resale flat needs a no-objection certificate from the society and proof that maintenance dues are clear.

Funds and process

• Domestic funds. Cash consideration of Rs 20,000 or more is barred under section 269SS. The buyer deducts 1% TDS under section 194-IA where the consideration is Rs 50 lakh or more.

Taxes

• Stamp duty runs about 5% to 8% of the higher of consideration and circle rate, and registration fee is usually 1%. Several states give women buyers a rebate of 1% to 2%. Long term capital gains on a holding of over 24 months are taxed at 12.5% without indexation, with a 20% indexed option for residents on property bought before 23 July 2024.

Verify before you buy

• Pull the encumbrance certificate for at least the last 30 years.
• Match the khata or property tax record to the seller's name.
• Confirm the occupancy certificate exists for a completed building.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in India before you commit.

Investment Information

Location

Royal Avenue By GHD Group, Thivim, Bardez, North Goa, Goa

• Airport: Mopa International Airport - 28 km
• Railway: Thivim Railway Station - 11 km
• Highway: National Highway 66 - 7 km
• Hospital: Vision Hospital Mapusa - 8 km
• Grocery: Mapusa Market - 9 km

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

Social Infrastructure

Key education, healthcare, and dining amenities near this property.