Experts believe that the state-of-the-art airport in Mopa will significantly improve connectivity and boost tourism in Goa, allowing it to emerge as one of the country's leading luxury market destinations.
“As a full-service airport with domestic and international flights, along with freight services, the Mopa International Airport is undoubtedly an excellent addition to the all-around development of Goa. We are convinced the inauguration of this second airport in Goa will add immense value to a state which is increasingly becoming desirable not just for tourism, but for a higher quality of life,” said Samir Saran, Managing Partner, India Sotheby’s International Realty. “We’ve seen a huge spike in demand for residential homes in North Goa, anticipating the new airport infrastructure and we’ve closed a record number of transactions between 2021 and now. We only expect this momentum to strengthen, as the airport becomes fully operational in phases and more airlines announce their flights to Mopa,” he adds.
“Mopa airport is a significant milestone for the tourist destination and will be a growth multiplier for real estate development, especially in the North Goa hinterland as well as the nearby Konkan region,” Anupam Rastogi, Co-founder and CBO-NRI Sales, Square Yards, points out. “Goa has always been a haven for second homes, villas and farmhouses and this new transport connectivity with the globe will add to the trend and create a windfall in real estate investments. Demand for luxury cottages, row houses and premium apartments is most likely to soar in the coming months as NRIs and well-off Indians take special pride in owning a property in the beach paradise. Further, the buzz about this new airport will inflate both real estate and rental prices in and around North Goa. Though property prices have already surged since the construction of the airport, a fresh spike is expected once the airport becomes operational in 2023, something that will auger well for real estate investors keen to buy a property there.”