The development of the MOPA Airport in North Goa has been one of the largest infrastructure projects in recent years. This project is set to increase the property prices in North Goa significantly. While the airport is yet to become operational, property prices are already on the upward trend. All these years, people residing in the adjoining region heavily counted on the airport at Goa for air services to the rest of the country. However, the development of the MOPA Airport will be one of the most awaited infrastructure projects in North Goa, particularly serving localities in the Sindhudurg district. Property prices are already on the rise in places like Dodamarg and Sasoli. Here, investors are keen to purchase second homes.

The MOPA is a greenfield international airport, which will connect Goa and its adjoining places to the rest of the country. It is located 30 Kms. from Panjim and 35 Kms. from the Konkan region. Apart from boosting real estate prices, this airport will also foster an influx of tourists to the Konkan region. Currently, the demand for real estate properties in North Goa such as hotels, resorts, mansions, and second homes is high. People investing in these second homes in North Goa often rent or lease out these properties. The returns look promising, and in some cases, it can be as high as 30%. So far, the CAGR has increased by 3.9%, and the demand for properties in this part of the city keeps rising.

Research reveals that places in North Goa are currently some of the top preferences for investors where they are looking for properties. Particularly, the demand for premium apartments, luxury cottages, second homes, and villas is on the rise. The buyers mostly come from other metro cities such as Chennai, Bangalore, Pune, Mumbai, and Delhi.

Tourists visiting Goa through the MOPA Airport will be getting a faster access to the beaches at Morjim, Anjuna, and Vagator. Some of the key areas that are on the spotlight of real estate investors include Dodamarg, Sasoli, Siolim, Mapusa, Assagao, and Alto Porvorim. In all these places, the property prices are consistently increasing. Therefore, this would be the right time for investors to purchase their properties.