Key Points
NEW DELHI: Goa's new Manohar International Airport (Mopa) is spurring property developers 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...
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...
Besides Manohar International Airport and many star hotels in the adjacent surroundings, the project location is immensely attractive to businesses as well who understand the significance of ambience and connectivity," said Sheeshram Yadav, managing director, Yugen Infra...
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