Margao Smart City Limited kicked off Phase II on October 18, 2025, unveiling a 42-acre residential zone next to the upgraded KTC bus terminal. This project delivers 1,800 affordable and mid-segment homes linked to future light rail, fueled by ₹210 crore from Goa Infrastructure Development Corporation. Pre-launch bookings surged with 37% inventory snapped up in 72 hours, highlighting robust demand.
South Goa's real estate market is witnessing a boom due to the Mopa Airport and Smart City developments, attracting investors and NRIs seeking long-term growth in Canacona and Vasco.