The MOPA Airport is all set to be operational soon after a long wait. This is a positive development for property investors and owners around the Goa and the Sindhudurg region. When it comes to real estate investment, connectivity matters a lot. The MOPA Airport is one of the most anticipated infrastructure projects in the area. All these years, residents in Sindhudurg had been using the existing airport at Goa. However, with the popularity of new projects in Sindhudurg, the area has witnessed a spike in population over the last decade. This explains the relevance of the new airport in this area.

Experts also reveal that once this airport becomes operational, the area would witness a spike in the number of tourists visiting the Konkan belt. This will lead to a holistic development of the locality’s economy. The real estate sector is also likely to benefit from this development. With the property prices in the area gradually increasing, it is expected to become a hotspot for investors. Currently, property value per square foot around the airport is around INR 6,700. An increment of 27.8% is on cards once the airport becomes operational. Property prices have already increased at a 3.9% CAGR over the last four years in this region.

About Sindhudurg

Sindhudurg is one of the emerging localities close to Mumbai. Since the prime localities in the metro city are already overcrowded, people are looking for alternatives. With its seamless connectivity to both Goa and Mumbai, Sindhudurg happens to be a prime choice. It is located close to places like the Sasoli Village and Dodamarg. The area has got a dense network of roads. This significantly eases up navigation to different parts of the city.

The NH 17 passes close to the locality, further strengthening its connectivity. Places like Belgaum, Kandivali, and Ratnagiri are located close to the area. Also, the residents can enjoy a fast connectivity to the reputed schools and hospitals around the place. Considering all these benefits, you might be willing to purchase a new home in this area. A number of reputed developers have come up with classy properties in different configurations. Depending on your budget and other requirements, you can make your purchase. With property prices set to rise, this would be the right time for you to buy the property.