Location

Chawdi town is the location of Ruby Residency, which is just 1 km or 5 minutes from Palolem, Patnem and Rajbag Beaches and within walking distance of the Konkan Railway Station and KTC Bus Stand. IT is a small friendly market town, growing by the day. It has a supermarket, seven international and domestic Indian banks, a colourful fish, fruit and vegetable market and plenty of smaller shops selling speciality food, clothes, electrical items etc.

There are several astute reasons why Bharat Developers chose this place for their first major development.

Firstly, it falls into a municipal area so electricity, water and garbage collection are not a problem, unlike Palolem which does not enjoy the same infrastucture and hence suffers from regular shortages and inconveniences.

Secondly, because it is a proper residential complex with excellent facilities and amenities available all year round, it doesn’t shut down at monsoon like the beach areas, which suddenly become ghost towns overnight when the season ends.

Thirdly, and most importantly, coastal regulations have prevented development on the seafront. Ruby Residency is literally the largest, and closest, luxury residential complex available and possible in the Palolem area.

What’s more, there is a restricted amount of settlement land for building available in Canacona as the authorities are determined to create sustainable rather than excessive development (having learnt the lesson from North Goa). Land therefore is very limited, so the land that is being developed carries a much larger premium on it.

Chawdi is in itself a very upcoming area. As the centre of the Canacona area, with Margao 30 km North and Karwar 30 km South, it is the main market town for 30,000 people. Three years ago, it had just three banks. Now it has seven. A massive sports stadium is due to be build in a few years time – meanwhile, the government has just opened up its RTO offices here, creating a huge influx of civil servants and jobs to the area. Furthermore, the 4-laning of the NH17 highway means that travelling time to the airport will be hugely reduced from 1 hour - to just 30 mins.

Both Chawdi and Canacona are areas that are waking up to their potential – which means the best time to invest here is now - before real estate prices begin their inevitable and dramatic rise to the top.

This is why Ruby Residency is such a brilliant investment – a unique development in a class of its own, set amongst the best beaches and biodiverse mountains and forests of the world – yet smart enough to be in the one of the most upcoming towns in South Goa.