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Daman and Diu is situated in the Surat District of Gujarat . It the second smallest Union Territory of India. Enjoying close proximity to Mumbai and scenic location on the west coast of India facing the Arabian Sea, both Daman and Diu have tremendous tourist potential and thus explain the high viability for the commercial real estate market in Daman & Diu.
To cash in on the increasing tourist traffic, the local development authority of Daman and Diu is developing infrastructural facilities. This will reflect on the market of Property in Daman and Diu. As development of infrastructure would lead to setting of of new real estate projects in the union territory which would affect the overall residential and commercial properties in Daman and Diu. Property rates in the areas would certainly rise with the completion of these projects.
This former Portuguese enclave is home to a rich historical and cultural background. The area under Daman & Diu offers a pleasant and peaceful away away from the bustling city life of Mumbai at a distance of mere 13 Kms from Vashi. Daman offering a mix of both tribal and urban lifestyles of both European and Indian origin has a property market consisting of segment for residential property in Daman and Diu that offers independent beach houses, villas, bungalows and a commercial properties in Daman and Diu segment with retail markets, resorts, guest houses, cottages, hotels etc.
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