In Goa, the real estate sector is awaiting a boom, thanks to the development of the new MOPA Airport. The coastal city has witnessed a demand for second homes in large numbers. Once the MOPA Airport becomes functional, experts believe that the area will witness further demand for these properties. The prices are already on the rise, which is a positive development for real estate players.

People from all parts of the country and even outside India visit Goa, attracted by its sandy beaches. The development of the new airport will boost tourism activities in the area as well. The real estate projects in the region are already in high demand. People are investing in second homes, so that they can rent or lease the out to tourists. People also spend long vacations in Goa, which sometimes last for 20 to 30 days. Investing in these properties brings you the opportunity to stream in rental income. At the same time, you would have a great place to spend your holidays.

The Dabolim Airport in Goa currently manages all the international and domestic flights in the region. However, this airport is also a naval base, which brings in some restrictions. These challenges will mitigate once the new airport becomes operational. The development of the MOPA Airport would ensure more flights to and from the area.

Some of the places in North Goa where property prices are rising include Dodamarg and Sasoli. These places lie in the Sindhudurg district of Maharashtra. Reputed real estate developers are also working on new projects in this part of the city. The demand for luxury homes has significantly increased in North Goa. This trend is likely to continue in the coming months as well. No wonder, why people from other metro cities are investing in these properties.

Whether you wish to invest in a second home or yield high returns through rental income, North Goa would be a prime destination to purchase your property.