Mopa International Airport opened in 2022, has transformed itself from a place of transport to a haven full of opportunities. With its prime location in North Goa, the airport has paved the way for more recent developments in real estate, agriculture, hospitality, and so much more. The region of Goa is experiencing stupendous growth, with people flocking to the area for amazing and fruitful opportunities. It is to be observed how this newly built and operational Mopa airport rebrands the identity of North Goa.
Tourism has been the most fruitful economic backbone of the state. Tourists from all over the World come to Goa for its pristine experiences and it’s this attraction that sustains and lets Goa’s economy soar. With the addition of another airport in North Goa, this part of the state has become way more accessible than before. This means more and more travelers would start to explore and branch out, thereby bringing up the area for the better. There are many new and exciting opportunities around the corner. Everything from new hotels to cultural museums, to casinos, North Goa is seeing a boom of development in recent years.
Recent hotel inventories suggest that by 2030, there will be an influx of hotels near the Mopa airport site. Around 10% of the new hotels will be in the North Goa, thanks to the newer transportation hub. This development plan is fully backed up with over INR 2700 crore investment and is ready to welcome Goa especially North Goa as a tourist hotspot.
Numerous other projects are slated for Goa’s new development plan. More than 1500 sqm of auditoriums, cultural museums, and a recreational club for people and tourists. All of these state-of-the-art facilities are sure to shoot North Goa to a coveted top spot in the tourism landscape. In the coming years, we will need to bear witness to the fulfilling growth and development of Noth Goa.
There is a plan to create a 50,000 sqm of the convention center. This will become a hub to host over 1000 delegates at a go. This is for sure going to attract all of the corporate intrigue and interest among companies. North Goa could soon be seen as a cornerstone destination for large-scale corporate events like training, AGMs, meetings, and seminars. The space, and convenience of having an airport in the vicinity is a good sell by itself.
Shopping malls with exquisite collections of shops, products, and services are a sure shot to success. Near the Mopa airport, the plan to build a retail shopping mall and plaza is the best. This is the prime location and will also urge tourists from around the world to visit and buy their souvenirs or last-minute purchases. This is going to boost the economy of Goa only for the better. Diversifying of the economy will happen, courtesy of the domestic and international travelers who will spend their money on the mall.
Near the Mopa airport, the Delta Corp company has come up with the most ambitious project, to create a resort casino on 90 acres. This project is slated for completion in 2027 and has made a cost estimate of over 3000 crores. This is sure to elevate the status of North Goa in the eyes of tourists and will attract wealthy tourists and investors to the state.
Ever since the inception and inauguration of Mopa airport, North Goa has seen a sudden rise in prices of real estate properties. There is an increasing demand for residential and commercial properties. Real estate brokers have noticed that the prices are rapidly increasing and is estimated to keep this increase going on. There is a projected 27 to 30% annual increase that is expected in regions like Siolim, Assagao, and Morjim. North Goa is easily becoming a destination for investors and also seeing a rapid surge in commercial opportunities. North Goa and its neighboring areas had too much potential, but with the new airport, this potential is unlocked and is now fruitful for everybody.
Mopa airport has had a positive spin even in the logistics sector. There is an indication that shipments will exceed more than 1,00,000 metric tonnes by 2045. Many companies like pharmaceuticals would benefit increasingly from these enhanced cargo capabilities that North Goa has to offer. With improved accessibility to Mopa airport, the logistics sector has increased ease and efficiency. In logistics and supply chain management, Goa hence become a much more competitive player. This is sure to attract investments from all across the globe.
The developments around Mopa airport not only positively impact the infrastructure around the world, but directly impact people of the area. With more and more establishments cropping up in the area, there is going to be a surge in employment opportunities for people. It is expected that there would be 3000 to 4000 jobs that would be created for residents. This is sure to increase the feeling of economic stability with an increase in financial stature for people in the area.
With the new airport, seamless and affordable travel options become paramount. With a rental car at Mopa airport, you can now hire the most affordable and accessible travel options. You could get a Thar rent in Goa is you wish to. With the best car rental in Goa, you can now travel around the state without any issues.
With the Mopa airport inauguration and operations, North Goa has become more accessible to people from around the world. There is a sudden boom in the tourism, real estate, and hospitality sectors. Even in the logistics and supply chain sector, we are seeing Goa as a competitor at the top.
