Second biggest operational Airport in India – Invest in real estate in Goa today! Tomorrow will be too late!

Any person who has ever been to Goa realizes that their airplane terminal is very subpar, no doubt, particularly those flying in from Mumbai and Delhi. With the end goal to make your Goa trips significantly more exciting than they are at the present time, the Goa Airport is currently being rebuilt.

Goa’s present International Airport at Dabolim is a common enclave worked by the Airports Authority of India (AAI) at a military runway owned by the Indian Navy. At present civilian and military flights share a typical runway bringing about serious congestion in air traffic. This has dissuaded the long-haul development of regular citizen traffic in Goa.

To stay aware of the development of India’s Aviation Market, the foundation of the Nation’s Airport and services will likewise be upgraded. The Ministry of Civil Aviation has now taken up one such activity to construct another Airport at Mopa in Goa. This new Airport at Mopa is to be the second biggest in India after Mumbai’s Chhatrapati Shivaji International Airport in terms of operations.

The Central Government had given its approval for a second Airport in Goa as right on time as March 2000, anyway, the development was postponed because of land procurement issues and neighborhood suit. The improvement of this air terminal has had a long and hued history.

In October 2014, the Goa Government issued a request for qualification (RFQ) for the undertaking. Around then, five bidders – GMR Group, GVK Group, AAI, Essel Infra, and Voluptas Developers showed enthusiasm for the agreement to build the new Airport. After a year in 2015, the Ministry of Environment, Forest and Climate Change allowed leeway to the undertaking, and a Request for Proposal (RFP) was issued in 2016. From that point forward, the offers were opened in August 2016, in which GMR Airports Ltd (GAL), a backup of GMR Infrastructure Ltd rose as the winner to develop and work on the Mopa Airport. GMR Airports Ltd (GAL) will build up a ‘Greenfield Airport’ at Mopa in North Goa. The Rs3, 000 crore air terminal will be worked in four stages, with the primary stage anticipated to be finished by FY2019-20. It is relied upon to cater to around five million travelers in the main stage and will be a full-service Airport taking into account residential and worldwide travelers and in addition cargo administrations. Depending upon the advancement of development, the airport could likewise begin operations prior with a single runway to start with.

Effectively prominent for being the best shoreline in the nation, this Airport will likewise be our second greatest Airport after the primary being in Mumbai. This new airplane terminal will be built in Mopa, an area in Pernem, and will make traveling significantly less demanding for voyagers, particularly those originating from states like Maharashtra, Karnataka, and Kerala. This will be the second airplane terminal in Goa after Dabolim and will have the capacity to deal with around 30 million travelers.

The news for this new development plan is to make and position Goa as a logistics hub of India. Additionally, according to the most recent news issued by the government, ‘A joint team of the Airports Authority of India (AAI) and Commerce Logistics Department will visit the state to encourage the development of freight center points at this new Airport in Mopa. The Minister expressed that the cargo policy to be declared by the Government of India will contribute 40% of India’s GDP from worldwide trading. Dabolim Airport will likewise be upgraded with an investment of around 600 crores.

After Goa becomes the home to India’s second-greatest Airport, it will likewise observe a lift in business openings and tourism. Along these lines, you would now be able to envision how by adding to the nation’s development, this new Airport will help in achieving the state effortlessly all year for travelers.

Now that’s another good reason to Invest in real estate in Goa today. Soon with the launch of the airport, one can expect the real estate cost to increase further as well.