Dreamz Goa Resort Condo (Shiroda Beach, Maharashtra)

Looking or a nice getaway far, far away from the city life, where you can enjoy the natural beauty of the Konkan coastline? Head to Shiroda Beach in Vengurla, where you can catch the ocean waves and the Konkan sun undisturbed for days. Watch the sun meet the Arabian sea in this quiet haven at the southern end of Maharashtra’s Sindhudurg district, where you’ll find very few tourists to spoil the mood. The beach likes around 20 km from Sawantwadi and Vengurla, with a dense cover of coconut trees before the sandy stretch touching the sea. History aside, Shiroda has a natural beauty to it that may just unlock your own creative potential, as it did for Khandekar through much of the 20th century. With the sea on one side and coconut and cypress trees lining the other side, the beach is perfect for lazing around for hours under the Konkan sky. The best times of the day are during sunrise and sunset. Shiroda lies just 7 km from the much more popular Goa, but its culture is a unique mix of Goan and Maharashtrian. The Konkani cuisine here is another gem, with coconut-based spicy curries and a number of fish items, all prepared with fresh catch.

Tripvillas is one of the leading investment funds focused on vacation properties. With a portfolio of over 2000 Vacation homes under direct management and a development pipeline of over 4000 homes, Tripvillas is one of the most experienced and reputed managers of vacation homes. As part of their deep expertise, the Tripvillas team has 360 degree expertise in Property Management encompassing site selection, design, development, fitout, rental management and maintenance.

Shiroda beach and Dreams Goa in particular have all the ingredients to be a top performing asset in any discerning investor's portfolio. The strategic location is 2 kms from the Goa Maharashtra border and 25 kms from the upcoming MOPA international airport. MOPA will be one of the top 5 airports of India and the sole airport serving the Indian state of Goa - the top tourism destination in the country. Shiroda has seen attention of all major investors and most recently the Indian Hotels group has made an announcement that they will be opening their newest resort in the next 3 years at Shiroda under the Taj Exotica brand. Our entry price is at a significant discount to even replacement cost given the steep increase in land prices in Shiroda and the increase in the construction costs of building materials and other inputs. As such, we are fairly confident that this project will see competition only at a much higher price point. Likewise demand is expected to be very robust given the scenic location, idyllic beaches and ease of connectivity. As such our estimates on yield and capital appreciation are both conservative.