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Goa's Mopa Airport spurs realty activity

04 May 2025
| By: Faizan Haidar
Goa's Mopa Airport spurs

New Delhi: Goa's new Manohar Internatio-nal Airport (Mopa) is spurring property de-velopers to acquire land near the Goa-Maharashtra border for building large townships and exploit a potential surge in demand. Since land is scarce in Goa. developers are acquiring land parcels on the Maharashtra side for large-scale realty projects.

For instance, Axis Ecorp recently acquired 150 acres, Yugen Infra bought 300 acres and Axon is launching a 600- acre mixed use project in partnership with Ess Vee Developers.

"Not only from cities in India, Indians living in other countries are also very keen to invest in a holiday home. The airport has led to development in areas where large land is available and developers can plan multiple facilities," said Aditya Kushwaha, CEO and director, Axis Ecorp, which has Axis Blues, Axis Yog Villas and Axis Lake City projects in various stages of development.

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