{"id":274,"date":"2022-05-14T15:44:00","date_gmt":"2022-05-14T15:44:00","guid":{"rendered":"https:\/\/www.saldanha.in\/blog\/?p=274"},"modified":"2022-06-10T15:51:12","modified_gmt":"2022-06-10T15:51:12","slug":"mopa-airport-nears-completion-how-a-second-airport-will-change-goa","status":"publish","type":"post","link":"https:\/\/www.saldanha.in\/blog\/mopa-airport-nears-completion-how-a-second-airport-will-change-goa\/","title":{"rendered":"Mopa airport nears completion; how a second airport will change Goa"},"content":{"rendered":"\n<p>Source: Money Control (<a href=\"https:\/\/bit.ly\/3xnzjuH\">https:\/\/bit.ly\/3xnzjuH<\/a>)<\/p>\n\n\n\n<p>The construction of the Mopa airport located in the North Goa district is 75 percent complete, according to Goa\u2019s state director of civil aviation Sunil Shanbhogue. &#8220;Work on connectivity from the runway to the passenger terminal is underway,\u201d he told the media recently.<\/p>\n\n\n\n<p>The Mopa airport is being built by GMR Group\u2019s special purpose vehicle Goa International Airport Limited (GGIAL). Airports Authority of India (AAI) has already received the handover of the technical building. Air traffic control (ATC) is slated to receive the handover of the building next week.<\/p>\n\n\n\n<p>Recruited staff too has been sent to Uttar Pradesh and Hyderabad for training in baggage screening, airport rescue and firefighting.<\/p>\n\n\n\n<p>Prime Minister Narendra Modi is expected to inaugurate the airport on August 15, 2022, 76th Independence Day.<\/p>\n\n\n\n<p><strong>Why is it in the news?<\/strong><\/p>\n\n\n\n<p>Goa\u2019s only existing airport in Dabolim is located in a military airfield owned by the Indian Navy. The combined flow of civilian and military traffic on the single-runway increases the airside congestion. The Mopa airport aims at enhancing Goa\u2019s connectivity by air, by aiding the flow of civilian traffic to the state.<\/p>\n\n\n\n<p>The total cost of building the airport reached Rs 2,615 crore due to delays in court proceedings which included judicial stay orders on the construction owing to the project\u2019s environmental impact. On January 16, 2020, however, the Supreme Court upheld the project\u2019s Environmental Clearance allowing construction to resume. Later on, the onslaught of the COVID-19 pandemic hindered the construction process.<\/p>\n\n\n\n<p>Mopa airport which is being built under the BOT model (Build, Operate and Transfer) will be operated through GGIAL by GMR for a period of 40 years, extendable by 20 years, as per broad lease agreements.<\/p>\n\n\n\n<p>Impact on Goan economy<\/p>\n\n\n\n<p>The coastal state of Goa is famous for its beaches and attracts tourists from across the world. The construction of the Mopa airport can drastically increase the number of tourists which in turn can unlock Goa\u2019s real-estate potential.<\/p>\n\n\n\n<p>\u201cOn an average, properties in Goa can yield 12-16 percent returns annually. Competitive real estate prices, when compared to metro cities of India, is yet another major reason why investing in a holiday home in Goa seems to be a profitable option,\u201d said Shephali Kapoor in a signed post on 99acres.com, a real estate portal.<\/p>\n\n\n\n<p>Mopa airport\u2019s location also enhances North Goa\u2019s real estate capabilities as it is better developed and has tons of recreational options and tourist attractions, thereby offering better rental and resale rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The construction of the Mopa airport located in the North Goa district is 75 percent complete. The ambitious Mopa airport project\u2019s success shows the strength of the BOT model. The airport is widely expected to lend momentum to the state\u2019s real estate.<\/p>\n","protected":false},"author":1,"featured_media":275,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":""},"categories":[3,6,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/posts\/274"}],"collection":[{"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/comments?post=274"}],"version-history":[{"count":3,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/posts\/274\/revisions"}],"predecessor-version":[{"id":283,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/posts\/274\/revisions\/283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/media\/275"}],"wp:attachment":[{"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/media?parent=274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/categories?post=274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/tags?post=274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}