Goa · 22 October 2026

Goa developers are holding back new launches. Why that matters for second-home buyers

Construction costs are up about 30% and approvals can take up to two years, so fewer new projects are coming to market.

By REMAX Shree Vinayak, New Delhi ·

What happened

Developers in Goa, especially around Panaji, are delaying new residential projects despite holding land and seeing steady demand, Construction World reported on 8 October 2026. Input costs have risen by about 30%, according to Avez Mohidin of the Goa chapter of CREDAI, and approvals take between eight months and two years depending on the project.

Prices have not risen as fast as construction costs, which has pushed some developers towards the second-home market. In Panaji, zoning and height rules are still waiting on the Outline Development Plan, which is under litigation.

Sources

Figures are as reported by the sources above on the dates shown. This update is general information, not advice on your own purchase, and we never promise returns.

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