The much-awaited MOPA Airport near Goa will start operating soon. This is one of the most important infrastructure projects in the area. All these years, people residing in places close to Goa had been using the Goa Airport. However, the lack of scalability had been an issue all this time. People were looking for a viable alternative, which would serve their transportation needs. With more infrastructure projects coming up in places around Goa, it’s time that the new airport starts operating. This will help the increasing number of families in this part of the country avail air services and get across to other cities.

The inception of the MOPA Airport is also likely to foster the influx of tourists around the Konkan region. This will result in a holistic development of the area, as the tourism sector is likely to rise. This impact of this development will be visible on the real estate sector as well. As the operations begin, this area is likely to witness a spike in demand for real estate properties. Already, adjoining areas and localities are undergoing high demand for homes. Currently, the property prices in these places are around INR 6,700 per square foot. A growth of 27.8% is on the cards. The last four years have witnessed a growth in the real estate sector by a 3.9% CAGR. After the airport becomes operational, the area will witness a spike in tourist activities as well. People investing in second homes would benefit as they would be able to rent or least out their properties.

The adjoining Sindhudurg area, which is already witnessing an influx of real estate buyers, holds a great income potential. For investors, the returns seem to be as high as 29.2% in this area. No wonder, why investors are already purchasing new properties in this region. As the property prices rise, investors would benefit from the greater ROI. Thanks to the excellent infrastructure and transportation facilities around, it would be a logical decision for you to purchase these properties.