The Rise of the Villament: The New Investment Buzzword That Will Hit Goa
By VISHVESH KANDOLKAR
Villament has already become a buzzword in Bangalore’s real estate lexicon (Anshul Dhamija, TOI: 2011). It is a concept that is gaining popularity, writes Dhamija, with those who want the luxury of a villa and yet crave the comfort and convenience an apartment affords. A villament is a large duplex apartment, usually with a double-height living room, large balconies and, most importantly, a terrace with a garden which gives the feeling that one is on the ground despite living in a high-rise building. Although the Goan real estate market is still rife with villas and apartments as separate building types, one can wager that the arrival of villaments is not too far off.