Plotted Developments in Malgaon near North Goa | Sindhudurg
Goa
Listing Id
AVA00468
Project Type
Residential Plot
Project Size
51
Size Range
2,952 sq.ft Onwards
Current Status
Under Construction
RERA ID
Not Available
Total Units
Connect to enquire
Starting Price
₹1.34 Cr Onwards
About the Project
Northern Hills is a 51-acre NA-sanctioned villa-plotted development in Malgaon, Maharashtra, developed by Neworld Developers. Located 20 mins from MOPA International Airport and 5 mins from the Goa border, the project offers freehold plots with G+4 permissible FSI, ideal for luxury villas, second homes, and investment properties. Amenities include an infinity pool clubhouse, spa, retail plaza, co-working spaces, cultural centre, amphitheatre, and wellness gardens. Integrated into a 600-acre masterplan, Northern Hills is positioned as a secure, high-appreciation investment in India’s Goa–Sindhudurg growth corridor.
Unit Configuration
Amenities
Recreational Activities
Multi Cuisine Restaurants
Clubhouse
Solid Waste Management
CCTV Surveillance
Resort
24X7 Water Supply
Multipurpose Courts
Jogging Track
ATM
Car Parking
A Contemporary Banquet Space
Gated Society
Community Centre
24*7 Manned Security
Legal and Financial Information
Ownership | Registeration Cost | Stamp Duty |
|---|---|---|
Freehold, NA-sanctioned, R1 zoning, G+4 construction allowed | 5–6% (Maharashtra) | ~1% (Maharashtra norms) |
Property Management
No official rental scheme disclosed; investors may opt for third-party or self-managed rentals
Financials Returns & Investment Benefits
• High capital appreciation (post-MOPA corridor)
• Rental yields up to 7.2% (casino/beach belt)
• Clear freehold NA land with rare FSI advantage
• Strategic location near Goa tourism hubs- Part of regional 600-acre growth corridor
Distance from Social Infrastructure
EDUCATIONAL INSTITUTIONS
Sawantwadi & Mapusa colleges – 15–20 mins
MALLS
Mall De Goa – 20–25 mins
MARKET
Mapusa Market (20–25 mins), Sawantwadi Market (15 mins)
HOSPITALS
District Hospital, Sawantwadi – 15 mins
Sindhudurg
Malgaon
Road Connectivity
Goa–Mumbai Expressway (NH-66) – project abuts highway, providing seamless road access to Goa and Maharashtra.
Airport
MOPA International Airport – 20 mins
Train Station
- Thivim Railway Station – 10 mins (Goa’s Konkan Railway hub, connects to Mumbai, Mangaluru, Kochi).
- Sindhudurg Railway Station – 30–35 mins (on Konkan Railway, serves the coastal belt).
- Kankavali Railway Station – 40 mins (major Konkan Railway stop, express trains).
- Kudal Railway Station – 30 mins (regional station on Konkan Railway).
- Malegaon Vyenku (MGVK) – local halt with limited services.
Bus Station
- State & Private Buses via NH-66: Multiple services connect Malgaon, Sawantwadi, and Sindhudurg along the Goa–Mumbai Expressway.
- Long Distance Routes: AC and Volvo services from Mumbai, Pune, and Nashik run directly to Sawantwadi/Sindhudurg (Paulo Travels, Giroba Travels, JK Tours & Travels).
- Local Services: Regular buses between Malgaon ↔ Sawantwadi and Malgaon ↔ Sindhudurg Nagari. Average long-distance travel time ~15–16 hrs (Mumbai/Nashik to Sindhudurg).
Climate Information
• Summer (Mar–Jun): 28–35°C - Tropical warm
• Monsoon (Jul–Sep) - 2500mm rainfall, lush greenery
• Winter (Nov–Feb): 18–26°C – Pleasant & cool
Air Quality Index (approximate AQI as per online sources)
Good (0 to 50)
About:
Goa
North Goa is India’s flagship holiday home and luxury villa market, known for its vibrant tourism ecosystem, premium residential hubs, and lifestyle-driven demand. Anchored by world-famous beaches such as Morjim, Arambol, Anjuna, and Ashwem, the market attracts HNIs, NRIs, and global investors looking for vacation homes with strong ROI potential. The opening of MOPA International Airport has transformed North Goa into a global gateway, with property prices projected to rise 30% annually as per recent market studies. Average rentals in prime hubs deliver 7.2% gross yields and 71% occupancy, outperforming most Indian second-home markets. The region benefits from Goa’s casino economy, nightlife culture, and boutique hospitality scene, making it a magnet for short-term rentals and long-term capital growth. With property rates already exceeding ₹16,000 per sq.ft in Assagao and Anjuna, North Goa continues to be one of India’s most sought-after second-home markets, combining lifestyle appeal with wealth-building potential.
Real Estate Trends in
Goa
Malgaon is a fast-growing villa plot micromarket, strategically placed near the Goa border and MOPA Airport. Land deals surged 230% after MOPA’s launch. With rates at ~₹4,500–₹5,000/sq.ft (vs ₹16,000+ in North Goa), it attracts second-home buyers, NRIs, and wellness-focused investors.
Short Term Rental Trends
Please find some relevant information below if you are looking to run your property as an airbnb on short term rentals. Please note that this data is an estimate collected from various online and offline resources by Avacasa. The actual performance is dependent upon your specific property, amenities, services, marketing etc. Use the below metrics as a general guide to the market to help in your decision making.
Occupancy Rate
*Occupancy rate represents the percentage of time a property is booked by guests compared to the total time it's available for rent. It's a key metric for understanding how well a market performs.
Average Daily Rate
*Average nightly rate earned for a 2bhk home
Gross Yield
~70% in nearby premium Airbnb clusters
₹7,500–₹12,000/night (comparable North Goa villas)
~7.2% gross rental yields (casino & beach zones)
*the annual rental income of a property expressed as a percentage of its purchase price, before any expenses like taxes or maintenance are deducted
Nearby Attractions
Few attractions and activities curated by us
Why Invest?
01
Strategic location on Mumbai–Goa Expressway, 20 mins from MOPA
02
Freehold NA land with rare G+4 FSI advantage
03
High tourism-driven rental demand from beaches & casinos
04
Part of 600-acre masterplan ensuring long-term appreciation
Explore More
