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Land & Leisure Homes Expo 2025: India’s Exclusive Real Estate Showcase for Investments & Second Homes at Nesco, Goregaon

Here comes the Land & Leisure Homes Expo 2025. Taking place from April 4th to April 6th, 2025, at Nesco – Goregaon, Bombay Exhibition Center, this premier event is the ultimate platform for real estate builders, investors, and property buyers to explore the best investment opportunities and weekend homes. Hosted by: Spazemedia and PrimeStage Media Media Partner: Outlook Business Gifting by: Ashnam Associate Partner: Dreams Per Square feet The nation’s exclusive real estate exhibition is bringing together a handpicked selection of scenic farmhouses, luxury villas, investment plots, resort properties, residential properties, and leisure homes – perfect for those seeking serene getaways or high-return investments. A Legacy of Excellence & Proven Success With previous editions built upon success, the Land & Leisure Homes Expo has been a sure market for top real estate in the country. Its previous events have seen high investor interest along with strategic partnerships, thereby being a platform changer for its exhibitors as well as the attendees. For Exhibitors: Put Your Projects in the Spotlight Land & Leisure Homes Expo 2025 is a premium platform for developers, builders, and service providers to showcase their finest projects before a thoroughly engaged audience. Focused on second homes, farmhouses, villas, residential properties  and leisure real estate, the exhibition will allow exhibitors to: Showcase their projects to high-intent buyers and investors. Increase brand visibility in an elite real estate network. An opportunity to secure lucrative deals in a vibrant and engaging environment! Expand your network and connect with key industry players. Opportunities like this don’t come often! Gain maximum visibility, connect with key industry players. Secure your spot now! Visit https://landandleisurehomes.com/upcoming-event.php or connect with us at 9321172793 / 8652259523 to book your space today! For Investors & Buyers: Your Next Home, Investment, and Lifestyle Is All Under One Roof! For those looking to invest in farmhouses, luxury villas, investment plots, resort properties, residential properties and leisure homes, peaceful countryside escapes, or high-growth real estate assets, the Land & Leisure Homes Expo 2025 is the perfect destination. Attendees can: Explore exclusive, handpicked properties from renowned developers. Gain valuable insights from top real estate experts and financial advisors. Connect directly with trusted builders and investment consultants. Discover properties tailored for personal retreats or high-return investments. Unlock special event-only deals and exclusive financing options. Stay ahead with the latest real estate trends and market opportunities. So, to register and avail all these benefits on https://landandleisurehomes.com/visit.phputm_source=Article&utm_medium=Press+Release&utm_campaign=Paid+Visitors The Exhibitors Which Fuel Innovation and Growth This year, Land & Leisure Homes Expo 2025 will exhibit excellence from developers at its finest level. Participants such as the country’s most reliable and prominent developers to top-rated real estate service providers enhance every event’s purpose, strengthening opportunities for networking and business development along with presence in the market while upholding this expo’s value as one of the crucial points in real estate. Why Attend? Access to the nation’s best second homes and luxury retreats. Best network opportunities among the greatest in the industry and investors, and developers. Peer Discussions led by experts in all the current trends, forecasts in the market, and investments strategies. Smooth Buying of Property experience with multiple developers. Event Details Venue: Nesco – Goregaon, Bombay Exhibition Center Dates: 4th, 5th and 6th April, 2025 Time: 10:00 AM to 08:00 PM About Land & Leisure Homes Expo The Land & Leisure Homes Expo stands as India’s leading real estate event that focuses exclusively on second properties and investment homes alongside premium leisure locations. Through its assembly of premier real estate developers with absolute investors and property purchasers the expo establishes industry evolution while providing complete real estate solutions. Since its successful past edition the expo has maintained its position to shape new investment perspectives while reshaping Indian lifestyle living practices. For Media Inquiries, Sponsorship Opportunities, or Exhibitor Participation, Please Contact: https://landandleisurehomes.com/contact-us.php or connect with us at 9321172793 / 8652259523

Land & Leisure Homes Expo 2025: India’s Exclusive Real Estate Showcase for Investments & Second Homes at Nesco, Goregaon Read More »

Tesla Secures Mumbai Showroom Lease, Prepares for India Entry

Mumbai, 6th March 2025: Tesla has finalized a five-year lease agreement for its first showroom in India, paving the way for its entry into the country’s electric vehicle (EV) market, according to a Reuters report. The showroom will be situated in Mumbai’s Maker Maxity building, located in the business and retail hub of Bandra Kurla Complex, near the city’s airport. As per the lease documents, the agreement commenced on February 16, 2025. Tesla will pay approximately $446,000 in rent for the first year for a 4,003-square-foot (372-square-meter) space, roughly equivalent to the size of a basketball court. Tesla has been eyeing the Indian market for years. While the company initially aimed to launch operations in 2022, regulatory challenges, high import duties, and inadequate EV infrastructure delayed its plans. After addressing these concerns, Tesla reignited its efforts last year to establish a presence in India, targeting one of the fastest-growing automotive markets in the world.

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Pune Tops Housing Sales Again, Outpacing Major Cities – CREDAI Pune Metro & CRE Matrix Report 2025

Pune, 24th February 2025 – Pune has reaffirmed its position as India’s leading real estate market, recording the highest housing sales across the country for the fourth consecutive year. The *Pune Housing Report – February 2025, jointly released by CREDAI Pune Metro and CRE Matrix, highlights Pune’s dominance, affordability, and rapid growth in the real estate sector. According to the report, Pune recorded 90,000 housing units sold in 2024, reflecting a 56% surge in sales since 2020. The total sales value soared to *₹65,000 crores in 2024, marking a 9.28% increase from ₹59,480 crores in 2023. The official unveiling of the report took place at the Ramkumar Rathi Hall, CREDAI Pune Metro office, Camp, attended by key industry leaders, including **CREDAI Pune Metro President Ranjit Naiknavare, CRE Matrix CEO Abhishek Gupta, Public Relations Convenor Kapil Gandhi, Management Committee Members Abhishek Bhatewara and Punit Oswal, Data Analyst Rahul Ajmera, and Hiren Parmar. Over 100 representatives from the real estate sector participated in the event. Key Insights from the Report India’s Top Real Estate Market – Pune led the country with nearly 90,000 housing units sold in CY2024, generating a total sales value of *₹65,000 crores, reflecting an extraordinary 116% growth since 2019. Affordability Fuels Growth – Pune remains the most affordable metro city in India, with an average home price of ₹73 lakh, significantly lower than Bengaluru (₹1.35 crore) and Hyderabad (₹1.75 crore). Investment Preference – 51% of individuals in Pune prefer real estate over other assets such as equities, gold, or fixed deposits, making it the most sought-after investment avenue. Market Expansion – Pune’s residential market has seen a *22% CAGR* in the total value of unit sales over the past five years. Changing Buyer Preferences – The share of homes priced below ₹70 lakh dropped to *60% in 2024, down from **85% in 2020, indicating **a rising demand for premium housing*. Luxury Housing Surge – Sales of homes priced above *₹1 crore have increased 5X in five years*, signaling Pune’s transformation into a more affluent real estate market. Affordable Housing Shift – Affordable homes priced below *₹45 lakh now account for 30% of total sales, compared to 55% in 2020, suggesting **a reduced supply in this segment. Regional Sales Hotspots – Over 75% of housing sales were concentrated in Pune North West (Hinjawadi – Mahalunge), Pune North East (Kharadi – Wagholi), and Pune North (Pimpri-Chinchwad). Southwest Pune Growth – The Kothrud-Bavdhan region witnessed a 55% rise in the average value of units sold between CY2020 and CY2024. Property Value Appreciation – Pune’s average home value has risen by 44% in the last five years, driven by larger unit sizes and higher input costs. Industry Leaders Weigh In Mr. Ranjit Naiknavare, President, CREDAI Pune Metro, stated: “Over the past five years, we have seen a remarkable 56% rise in sales volumes, positioning Pune as India’s highest-selling real estate market. The total sales value has doubled, contributing significantly to government revenues. The most striking trend is the **5X increase in sales of homes priced above ₹1 crore, reflecting Pune’s evolution into a premium housing market.” Mr. Abhishek Kiran Gupta, CEO, CRE Matrix, emphasized: “Pune’s housing market is undergoing a transformation, with homebuyers opting for larger, more spacious properties. Our report highlights that **units priced between ₹1 crore and ₹2 crore have witnessed the highest growth in value, showing strong buyer confidence and an evolving premium housing segment.” Market Challenges & Future Outlook During the event, Mr. Rahul Ajmera presented insights on ‘Real Estate Trends & Analysis’, noting that new project launches in Pune have declined by 25% due to delays in approvals, land acquisition issues, and regulatory constraints. This has limited homebuyer options and intensified competition among developers. Despite these challenges, Pune’s real estate market is poised for sustained expansion with rising industrial growth, infrastructure development, and increasing migration trends. The demand for premium housing is expected to strengthen Pune’s reputation as India’s most dynamic real estate destination. About CREDAI Pune Metro Established in 1982, CREDAI Pune Metro represents over 2,000 member developers, working to support and shape the real estate sector through policy advocacy, training, and industry workshops. The association remains at the forefront of providing market insights and regulatory updates to its members. Media Contact: Devendra Nazare | +91 9764770840 | [email protected]

Pune Tops Housing Sales Again, Outpacing Major Cities – CREDAI Pune Metro & CRE Matrix Report 2025 Read More »

Blackstone and Panchshil Realty to Develop India’s Largest Hyperscale Data Center in Navi Mumbai with Rs 20,000 Crore Investment

Navi Mumbai, 27th Feb, 2025 – Blackstone Group, the world’s largest alternative asset manager, in partnership with leading real estate developer Panchshil Realty, is set to develop India’s largest hyperscale data center in Navi Mumbai. The project, with an estimated capacity of 500 MW and an investment exceeding Rs 20,000 crore, marks a significant milestone in India’s digital infrastructure landscape. This state-of-the-art hyperscale data center will be powered by up to 65% green and renewable energy, making it the first of its kind in the country to prioritize sustainability at this scale. Spanning over 3 million sq. ft. across 14 buildings, the development will cater to the growing demand for high-performance computing, cloud services, artificial intelligence, and data-intensive applications. The investment is Blackstone’s first Foreign Direct Investment (FDI) following its recent agreements with the Government of Maharashtra at the World Economic Forum in Davos. As part of this expansion, Panchshil Realty’s subsidiary, Gramercy Info Park, has acquired a nearly 50-acre land parcel adjacent to Reliance Corporate Park in Ghansoli, Navi Mumbai, for Rs 900 crore. The proposed facility will be built-to-suit for leading hyperscaler companies and is set to become a key hub for digital transformation in India. Blackstone is already developing two data centers in Navi Mumbai under its Lumina CloudInfra brand, each with an investment of over $300 million, adding up to 60 MW of capacity. The new hyperscale data center will further strengthen Blackstone’s presence in India’s data center ecosystem. Blackstone has been a leading investor in India with over $50 billion in assets under management since its entry into the country, with Maharashtra accounting for nearly 40% of these investments. The firm has invested over $20 billion in Indian real estate across major cities, making it the largest office owner in the country with a portfolio of 135 million sq. ft. This landmark project underscores Blackstone’s commitment to advancing India’s digital infrastructure and supporting the nation’s rapid technological growth.

Blackstone and Panchshil Realty to Develop India’s Largest Hyperscale Data Center in Navi Mumbai with Rs 20,000 Crore Investment Read More »

Mumbra’s Grand Kausa City Sees Unprecedented Demand Post-Budget, Clocks Rs 430 Cr. Sales in Just 18 Days

Mumbai, 24 February 2025: Grand Kausa City in Mumbra has witnessed a staggering response, selling over 1,050 apartments within just 18 days since its launch on January 29, 2025. The project, marketed by The Guardians Real Estate Advisory and developed by Yes Central, has recorded a remarkable sales turnover of ₹430 crore, reaffirming Mumbra’s potential as a high-growth real estate destination. The overwhelming demand has been driven by post-budget economic optimism, attractive home loan policies, and rapid infrastructure developments, making real estate a preferred investment choice. A new benchmark has been set in real estate sales by The Guardians Real Estate Advisory. Grand Kausa City, spans 6,48,323 sq. ft. and has captivated homebuyers with its strategic location, competitive pricing, and exclusive 1% payment plan. The project’s pre-launch efforts saw over 1,500 applications, reflecting strong buyer confidence and the increasing appeal of well-planned developments in emerging micro-markets. A key factor in this success has been The Guardians’ aggressive 360-degree marketing campaign, designed to maximise visibility and engagement. To enhance its market positioning, the project was packaged as Grand Kausa City, and a 25,000-square-foot Dubai-themed experience centre was built to offer potential buyers an immersive preview. Through a wide media mix, including advertisements at 15+ railway stations, 40+ billboards, 80+ bus shelters, branding in 20+ restaurants, over 1,000 branded auto-rickshaws, and distribution of more than 10 lakh leaflets, high visibility was ensured. The project was further enhanced by the appointment of Indian cricket legend Irfan Pathan as its brand ambassador, lending credibility and aspirational value. Beyond traditional marketing, The Guardians leveraged community engagement and digital influence to drive excitement around the project. Mushaira (Urdu poetry recitals) attracted over 20,000 attendees, while sponsorships of local cricket tournaments and a specially composed project rap song further strengthened the project’s cultural connection. On the digital front, collaborations with 30+ influencers generated over 4.3 million views, while the campaign recorded a 1.4 lakh Instagram reach in just 15 days and 10,000+ digital leads from India and the UAE. Located on 24 acres, Grand Kausa City features iconic 33-storey residential towers with luxury 1 and 2-bedroom balcony homes that offer stunning hill and river views. With over 50 lifestyle amenities, the project features a beautifully landscaped podium garden, a 3-level clubhouse with premium facilities, a school, four peaceful prayer halls, a sprawling 4-acre cricket pitch, and a modern shopping centre. A strategic location close to Mumbra Station and an exclusive TMC bus depot make this project even more appealing. Commenting on this record-breaking achievement, Ram Naik, Co-founder & CEO, The Guardians Real Estate Advisory, said, “The phenomenal response to Grand Kausa City showcases our expertise in real estate sales and marketing. Our strategic approach, backed by beneficial economic reforms, has not only unlocked immense value for homebuyers but has also set new industry benchmarks.” Jayesh Rathod, Co-founder & Director, The Guardians Real Estate Advisory, added, “Our marketing innovations and data-driven approach have played a crucial role in this success. Grand Kausa City has emerged as a landmark development, proving the potential of emerging micro-markets and the evolving preferences of homebuyers.” Having completed 50+ projects, delivered 2.5 million sq.ft., and constructed 7 million sq.ft., Yes Central continues to shape the real estate landscape, offering innovative and customer-centric developments. As a result of favourable economic reforms and innovative marketing strategies, Grand Kausa City has attracted an outstanding response from homebuyers. The Guardians Real Estate Advisory has once again succeeded in confirming its position as a market leader in India’s real estate market.

Mumbra’s Grand Kausa City Sees Unprecedented Demand Post-Budget, Clocks Rs 430 Cr. Sales in Just 18 Days Read More »

Shah Rukh Khan Leases Two Luxury Duplexes in Mumbai’s Pali Hills

Mumbai, 20th February 2025: Shah Rukh Khan has secured a lease on two luxurious duplex apartments in Mumbai’s elite Pali Hills, Khar West. As per property records on Zapkey.com, the “Jawan” star has signed a three-year rental agreement amounting to Rs 8.67 crore in total, with an annual rent of Rs 2.9 crore. The combined monthly rent for both properties stands at Rs 24.15 lakh. The lease agreements, registered on February 14, required a stamp duty payment of Rs 2.22 lakh and a registration fee of Rs 2,000. These upscale residences are situated in the Puja Casa building, covering the first, second, seventh, and eighth floors. The apartments belong to the Bhagnani family of Bollywood. One of the units, owned by actor-producer Jackky Bhagnani and his sister Deepshikha Deshmukh, has been leased by Shah Rukh Khan at Rs 11.54 lakh per month, with a security deposit of Rs 32.97 lakh for a three-year duration. The second unit, owned by Vashu Bhagnani, has been rented for Rs 12.61 lakh per month, requiring a security deposit of Rs 36 lakh, for the same lease period. Renting premium properties is a common practice in Bollywood. In December 2024, Shraddha Kapoor reportedly rented a high-end apartment in Juhu for Rs 6 lakh per month. This development follows Gauri Khan’s recent application to the Maharashtra Coastal Zone Management Authority (MCZMA) for approval to expand their landmark home, Mannat. The proposed expansion seeks to add two floors to the six-storey annexe behind the bungalow, increasing the total built-up area by 616.02 square meters. On the professional front, Shah Rukh Khan delivered two massive hits in 2023: Jawan and Pathaan. He is now preparing for his next major film, King, directed by Siddharth Anand. The film is speculated to feature Abhishek Bachchan and Suhana Khan.

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Hiranandani-Krisala Developers Joint Development Unveils 105-Acre Integrated Township in Hinjewadi, Pune

Mumbai Pune, 20th Feb 2025: Niranjan Hiranandani Group announces its much-awaited foray into Pune real estate market by inking its first ever joint development deal of 105 acres with renowned Krisala developers. The project is located at North Hinjewadi, and will be developed under Integrated township policy, comprising of residential, commercial and retail development. The joint development currently launches Phase I development spanned across 30 acres of land with minimum potential of delivering 3 million square feet of real estate spaces. As part of a joint development deal, the investment in phase 1 development is estimated at approximately Rs 500 crore, with a projected turnover pegged at approximately Rs 2100 crore. The proposed development comprises of apartments, villa plots, branded residences, and recreational amenities to enhance homebuyers holistic living experience. This strategic joint development aims to leverage the strong local expertise of Krisala Developers and the extensive brand experience of the Hiranandani Group. Both organizations are committed to a seamless integration of vision and expertise, covering every aspect from land development and approvals to execution. According to Dr Niranjan Hiranandani, Chairman, Hiranandani Group, “Mega infrastructure projects are establishing crucial last-mile connectivity between Mumbai and Pune, invigorating the dynamic MMR and Pune real estate markets. This connectivity directly addresses the aspirational living demands of migrating talent. Pune’s real estate sector is experiencing robust growth, propelled by its booming IT hubs, outstanding connectivity, and an influx of skilled professionals. The seamless connection between these two major business cities has opened unprecedented opportunities for real estate development. He additionally stated, “The Indian real estate landscape is evolving rapidly, and it’s clear that innovation and strategic collaboration are essential to achieving exponential growth.” Sharing his excitement Mr Aakash Agarwal, Managing Director of Krisala Developers said, “Designed as a self-sustained ecosystem that emphasizes liveability, community well-being. and environmental consciousness, this township aims to offer a home for everyone. The development will cater to first-time homebuyers, second home seekers, investors, and NRIs, ensuring inclusivity and comfort for all demographics. This project differentiates itself through a steadfast commitment to sustainability and scientifically driven urban planning. Our collaborations with renowned energy and resource institutes aim to maintain an air quality index (AQI) of 40, ensuring a healthier living environment for residents.” With its strategic locale, thoughtfully designed spaces, and unparalleled amenities, the township is poised to set a new benchmark for integrated residential real estate developments in Pune, promising a future where sustainability and luxury coexist seamlessly. Corroborated partnerships like this joint venture between the Hiranandani Group and Krisala Developers enable both organizations to capitalize on the flourishing opportunities in today’s bullish real estate market. About Hiranandani Group Founded over 45 years ago, the Hiranandani Group is India’s largest real estate conglomerate, pioneering mixed-use integrated township developments. Since its inception in 1978, the group has set benchmarks across residential, commercial, retail, hospitality, and healthcare sectors, blending excellence, innovation, community well-being, and environmental sustainability. Under the visionary leadership of Dr Niranjan Hiranandani, the group has delivered nearly 48 million square feet of residential and commercial space. Further, to capitalize on the burgeoning real estate industry growth, the group has forayed into emerging asset classes such as Data Centres, Industrial parks, and Logistics parks marking its pan India footprint. About Krisala Developers: With quality, affordability, and tradition as its foundations, Krisala Developers is known for delivering quality homes and innovative construction solutions for over 13 years in Pune. The organization has completed over 2.3 million sq. ft. of construction through various residential and commercial projects, earning trust through transparency and consistency. Pioneering quality construction in the real estate industry, Krisala Developers aims to provide world-class property experiences. For Further media queries, reach out to Pratiksha [email protected] Ms Ritika – Hiranandani Group- [email protected] Ms Sonali Krisala Developers –[email protected]

Hiranandani-Krisala Developers Joint Development Unveils 105-Acre Integrated Township in Hinjewadi, Pune Read More »

Embassy Services Appoints Saarang Ganapathi as CEO to Lead Next Phase of Growth and Innovation

Bangalore, 18th February 2025: Embassy Services Private Limited (ESPL), the property management arm of Embassy Group, is pleased to announce the promotion of Saarang Ganapathi as its Chief Executive Officer (CEO). With over 11 years of expertise in Real Estate Management and 7 years at ESPL, Saarang has been instrumental in driving operational excellence, scaling efficiencies, and expanding ESPL’s footprint across 130 million square feet in 12 states. Previously as Chief Operating Officer, he has played a key role in strengthening ESPL’s presence across diverse real estate sectors, including business parks, airports, data centres, high commissions, retail, co-working spaces, hospitality, education, and residential developments. His leadership has been instrumental in shaping ESPL into one of India’s leading integrated property and facility management providers. Saarang has also spearheaded the expansion of ESPL’s service portfolio, adding Project Management Consultancy and Renewable Energy Advisory to its offerings. “I am honoured and privileged to step into the role of CEO at ESPL, a company I am deeply committed to and proud to have been a part of. As we embark on this next phase of growth, my focus remains on driving operational excellence, expanding strategic initiatives, and providing greater value to our clients. Building on our strong foundation and track record of innovation, I look forward to accelerating ESPL’s expansion into new markets across India, while reinforcing its position as an industry leader. With our talented team, I am excited about the opportunities ahead,” said Saarang Ganapathi, CEO, Embassy Services Private Limited. In his new role as CEO, Saarang will focus on strengthening ESPL’s capabilities in renewable energy, project management consultancy, and integrated property solutions. He will continue to oversee a workforce of over 20,000 professionals, ensuring the delivery of high-quality services while fostering innovation and sustainable growth.

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Bollywood Actress Amrita Singh Buys Rs. 18 Crore Apartment in Juhu

Mumbai, 18th February 2025: Bollywood actress Amrita Singh has acquired a residential apartment in Juhu, Mumbai, for Rs. 18 crore, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in February 2025. Juhu, one of Mumbai’s most prestigious and sought-after residential areas, is home to several Bollywood celebrities. The locality is known for its scenic beach, upscale restaurants, and proximity to business hubs like Andheri and Bandra. It also boasts excellent connectivity with the Western Express Highway, international airport and the Mumbai Metro network. Bollywood stars like Varun Dhawan, Janhvi Kapoor, Kartik Aaryan and Shakti Kapoor, also own apartments in Juhu, as per Square Yards’ analysis of IGR property registration documents. The property acquired by Amrita Singh is located in Peninsula building in Nutan Laxmi Cooperative Housing Society Limited, which is a ready-to-move-in residential project. According to the IGR property registration documents reviewed by Square Yards, the apartment spans a built-up area of 252.04 sq. m. (~2,712.9 sq. ft.) and includes three car parking spaces. The deal incurred a stamp duty payment of Rs. 90 lakh and a registration charge of Rs. 30,000. Amrita Singh, a celebrated actress in Indian cinema, gained prominence in the 1980s with her debut in Betaab (1983), which became a massive success. Known for her versatile performances, she delivered critically acclaimed roles in films like Mard, Naam, Chameli Ki Shaadi, and Raju Ban Gaya Gentleman. After a hiatus, she made a powerful comeback with Kalyug and Shootout at Lokhandwala, proving her acting prowess once again. Her performance in Aaina earned her a Filmfare Award for Best Supporting Actress, and she later won accolades for her role in 2 States.

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Goa Plans to Release Unused Land Parcels on PPP Model, Invites NAREDCO Maharashtra Developers to Invest in State’s Real Estate Sector

Mumbai, 17th February 2025: The Goa Rehabilitation Board and Goa Housing Board have called the Real Estate Developers’ Body NAREDCO Maharashtra to explore investment opportunities in the development of the residential, commercial, mixed–used, redevelopment and business parks segments of the State. The senior representatives of the Goa Rehabilitation Board and Goa Housing Board presented the landscape of ‘Unlocking Real Estate Opportunities in Goa’ to the developer members of NAREDCO Maharashtra, which organized its Annual Members Meet 2025 at Panjim in Goa to observe a successful milestone of completion of ten years of the trade body’s Maharashtra Chapter. “Goa is not just a tourism destination now, but a fast-growing State for scaling businesses including the real estate offering an exponential potential to the developers who are looking for setting up of new residential and commercial projects along the coastline or in the States’ hinterland and also for the global investors who are willing to invest in second or leisure homes, luxury villas, rental homes or hospitality ventures”, said Aleixo Da Costa, Secretary, Goa Rehabilitation Board while talking about the ‘Opportunities in Goa’. Announcing the mega plans to release the unused land parcels for real estate development in the State, Da Costa said, “The public sector is looking at redevelopment of its used land parcels combined with monetization of its unused land parcels through the public–private partnerships.” He mentioned that the places like Vasco, Sada Vasco, Baina, Zuari Nagar, Colvale have major unused land parcels making the scope for huge investments. “We are planning to take all these land parcels together, release the unused land in Sada Vasco for rehabilitation purposes first and then monetize the rest of the land parcels in a PPP model where private developers can participate. The tenders will be issued very soon for monetization of the land,” Da Costa informed. The land parcels are mostly in Vasco City and within a radius of 1 to 2 kms from Airport, Seaport and Railway making these land parcels huge potential for investments. The land parcels mentioned are: Sada Vasco (24,580 sq mtrs, Used: 10,000 sq mtrs, Unused: 14,000 sq mtrs), Baina (4600 sq mtrs), Adarsh Nagar Chicalim (Vacant Land: 23,533 sq mtrs), Colvale (1000 sq mtrs) and Zuari Nagar (1800 sq mtrs). Sadashiv Gaonkar, Housing Engineer, Goa Housing Board, while talking about ‘Unlocking Real Estate Opportunities in Goa’ invited the leading developers and investors to participate in the strategic development of prime land parcels in the state. He said, “Goa’s real estate is experiencing an unprecedented growth driven by increasing demand by professionals, remote workers and institutional investors and the State is ready for investment, as there is a need to meet the rising demand for diverse accommodation options, residential development and mixed–use projects.” According to the presentation by Gaonkar from Goa Housing Board, Goa’s real estate market offers excellent returns, especially in North Goa. Property prices in Goa are climbing at 15% to 30% each year, making it a high growing market. On an average, the properties in North Goa have appreciated by ~83% over the last 5 years, with Candolim (168.5%), Siolim (149.2%) and Calangute (83%) experiencing significant price appreciation. Investors are eyeing Goa’s income generating properties, including commercial spaces and villas. Goa’s booming tourism guarantees strong rental incomes, with a return-on-investment (ROI) ranging from 4% to 10% each year. North Goa areas bring-in annual rental payouts of 8-9%, while South Goa offers 6-8% returns. ~35% of holiday home buyers prefer Goa as a second home destination, highlighting its appeal among India’s population. Real estate inquiries in Goa increased by 90% in the last five years, showing strong market demand. Rising Airbnb demand in Goa is driving residential property investments and higher prices. North Goa has ~14000 rental properties listed on Airbnb, with peak season occupancy rates reaching 80-90%, highlighting the strong demand for short-term rentals. Goa is undergoing significant infrastructure expansion, making it a highly attractive real estate destination. The Goa International Airport, Dabolim handled ~35 lakh passengers while the new Manohar International Airport handled ~24 lakh passengers in the year 2024. The Mumbai-Goa Expressway and the Zuari and Mandovi bridge will significantly reduce travel time and open remote areas for development, providing a major advantage for the region. Calling the Annual Members Meet 2025 of NAREDCO Maharashtra in Goa to be an opportunity to understand the State’s real estate landscape better and the Chief Minister’s approach towards the national real estate industry collaborative, Prashant Sharma – President, NAREDCO Maharashtra said, “NAREDCO Maharashtra is privileged to explore opportunities for real estate development in Goa to unleash the State’s potential. Goa is not just an international tourism destination now, but it is transforming into a real estate development hub attracting global investors moving its property markets northwards. Goa’s initiative to invite the developers to tap the real estate opportunities in the State is a welcome step.” Rajan Bandelkar, Vice Chairman, NAREDCO said, “With the Central Government’s impetus on infrastructure growth, even smaller states are transforming significantly with better connectivity and accessibility. Goa is the perfect example of how a state can bolster other businesses including real estate by keeping tourism at the centre. NAREDCO Maharashtra will cement its collaboration with Goa to take the State’s real estate sector on a fast-track mode.” Niranjan Hiranandani, Chairman Emeritus, NAREDCO Maharashtra said, “Completing a decade-long journey in Maharashtra, it is now time for NAREDCO Maharashtra to support other cities, regions and the States in growing the real estate sector. Being a neighbor, Maharashtra can always join hands with Goa in exploring common opportunities for the real estate industry’s growth banking on its sound infrastructure, international connectivity and new development regions opened for the investors. Goa is soon set to top the charts of the best preferred market for second and leisure homes, luxury villas, vacation homes and hospitality businesses for the global investors.” Hari Babu, President, NAREDCO said, “Goa has been witnessing real estate investments by affluent Indian and overseas buyers in recent times owing to their inclination for acquiring income-generating commercial assets or second homes alongside their primary city homes.” When India’s mainstay property markets are expanding

Goa Plans to Release Unused Land Parcels on PPP Model, Invites NAREDCO Maharashtra Developers to Invest in State’s Real Estate Sector Read More »

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