New Goa airport may draw Rs 27 bn realty investments

28 Dec 2022 CW Team

Mopa airport is likely to draw about Rs 27 billion of investments from builders and hoteliers until 2030 as the upcoming North Goa aviation gateway becomes the transport hub of South Asia’s tropical paradise, replacing Dabolim that faced both watch-hour and space constraints.

These investments will be directed towards the Mopa region in the state’s extreme north, where the new airport is based. The funds will be used to build luxury hotels, eco hotels, nature and wellness resorts, and homestays.

"We have 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,” said Samir Saran, Managing Partner, India Sotheby’s International Realty. “We only expect this momentum to strengthen, as the airport becomes fully operational in phases and more airlines announce their flights to MOPA."

Already, the market has started showing signs of picking up with big projects underway by major hospitality players such as Taj, Lemon Tree, and Hilton.

Goa has reported an average occupancy rate of more than 70%. During the extended weekends, the occupancy rates touch the 100% mark. After the airport project, the numbers will further surge, making it a goldmine for hospitality investors, experts said.

South Goa’s Dabolim Airport, being a naval facility, has limited slots for civilian flights, putting constraints on air connectivity to the tiny state that has some of the most astounding beaches in Asia. With the MOPA airport addition, air connectivity with new domestic and international destinations will improve substantially by 2023.

Infrastructure Urban

12 May 2026

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..