Socorro · North Goa · Investment opportunity

Two pool villas in Socorro, Goa

A 500 m² plot in Carrem, Socorro, built as two Indo-Portuguese villas. Each sits on its own walled half, with its own gate, 2-car court, 7 m living room and private pool. Sanad in place and a clear title. Funded in a joint venture and sold on completion.

4 BHKwith a home lift

Private poolfor each villa

₹3.50 Crper villa, base case

64 %investor return on cash

Agreements

Month 0–6Sanad and a clear title already in hand. Joint development agreement and power of attorney, the owner's ₹75 L advance, TCP clearance and the panchayat licence, and the ₹0.90 Cr–₹1.00 Cr bank construction loan sanctioned.

Building

Month 6–22Two G+1+attic villas, 2,003 sq ft each. Funded by the bank loan and the investor, released stage-wise against progress.

Selling

Month 20–26The first sale clears the loans and returns 76 % of the investor's capital. The second completes the capital and the profit split.

See how the deal works

The owner brings the land and a bank construction loan, and the investor funds the rest of the build. The investor is repaid before the owner recovers anything, and both sides share the profit.

The villas

Indo-Portuguese outside, modern inside: Mangalore-tile gables, lime-plaster walls in Goan colours, white trims and laterite, with a 3.6 m ground floor, a home lift and glass walls onto the pool.

01/09

Renders of the concept design. Scroll the strip, or open the 3D model to walk around both villas.

From the road

Two gabled villas, each with its own gate and 2-car court

Own car court

Parking under the first-floor balcony, never shared

Pool garden

The 7 m living room opens fully onto the deck and pool

Two independent lots

Courts at the front, private pool gardens behind

Evening

Glazed gables and lamp-topped laterite gate pillars

Private gardens

Each pool garden walled off from the other

Street corner

Indo-Portuguese colour, white trims, tiled gables

Alternative finish

Modern gable: white render, dark shingle, timber

Modern gable

Pool garden in the alternative finish

The investment

The owner brings a 500 m² Socorro plot valued at ₹1.70 Cr and a ₹0.90 Cr construction loan. The investor funds ₹1.57 Cr of construction plus a ₹75 L advance to the owner, repaid from the first sale with 12 % interest. Profit is shared 50:50. The base case assumes ₹3.50 Cr per villa, below every private-pool villa listed in Socorro.

Investor ticket

₹2.32 Cr

Construction plus the owner's advance. The bank loan covers ₹0.90 Cr of the build.

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Return on cash

64 %

In about 24 months, roughly 28 % a year. At ₹4.00 Cr per villa, it is 85 %.

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First sale

76 %

of the investor's capital comes back when the first villa sells, after the loans are cleared.

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Capital protected

₹2.03 Cr

per villa: even at this price the investor recovers all capital.

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It's time to discuss the project

The siteSurvey 232/1-J, Carrem, Socorro: 500 m², 18.4 m on a 6 m road, VP-2 settlement zone, just off NH-66 at Porvorim. An apartment block to the south, green cover to the north.

TitleSanad in place and a clear title, so approvals start straight away.

The designTwo 4-bedroom villas, 2,003 sq ft built-up each, with a double-height living room, lift, own gate, 2-car court and private pool. Height 7.6 m to the eaves, within the 9 m rule.

The ask₹2.32 Cr from one investor: ₹1.57 Cr towards construction and the owner's ₹75 L advance. Repaid first from sales; profit split 50:50.

ContactSumit Thakur, owner: sumit@sazinga.com

Questions investors ask

Where are the Socorro twin villas?On a 500 m² plot (Survey 232/1-J) in Carrem, Socorro, Bardez, North Goa, just off NH-66 at Porvorim and close to Panaji.

What is being built?Two independent 4-bedroom Indo-Portuguese villas, G+1 with an attic. Each has a private pool, a home lift, a 7 m double-height living room, its own gate and a 2-car court.

What will the villas sell for?The base case is ₹3.50 Cr per villa, below every Socorro villa listed with a private pool.

How does the investment work?One investor funds the construction not covered by bank finance, plus an advance to the owner. The investor is repaid first from the sales, and the profit is split 50:50, a projected 64 % return in about 24 months.

Is the land ready to build on?Yes. The plot has its Sanad and a clear title, and the design fits the Goa building rules for height, setbacks and parking.

How do I get in touch?Email Sumit Thakur, the owner, at sumit@sazinga.com.