Real estate developers are scouting coastal Maharashtra, parts of Tamil Nadu, and Gujarat, as they seek to expand their luxury and leisure home markets beyond the traditional destination of Goa.
Seaside Leisure HomesCoastal MaharashtraVapiReal Estate DevelopersProperty PricesReal Estate MaharashtraSep 30, 2025

Developers are looking beyond Goa due to the scarcity of land for construction, rising property prices, and evolving regulations. Coastal Maharashtra, parts of Tamil Nadu, and Gujarat offer similar charm with greater value and connectivity.
Vapi is attractive due to its proximity to pristine beaches in Daman, robust infrastructure, and urban amenities. It is also part of the Delhi-Mumbai Industrial Corridor, ensuring sustained development and rising capital values.
Property prices in Sindhudurg average between Rs 2,500 and Rs 3,500 per sq ft, which is significantly lower than Goa’s prime localities, where rates often exceed Rs 10,000 per sq ft.
Demand is driven by a desire for wellness-oriented second homes near water bodies, valued for their tranquility, lifestyle appeal, and long-term capital appreciation. Professionals from cities like Pune and Mumbai are also considering these regions for hybrid lifestyles, combining remote work with leisure.
Connectivity has improved with the widening of National Highway 66 and the ramping up of flights at the Chipi airport, making destinations like Malvan, Sindhudurg, and Vengurla more accessible and attractive for a wide range of buyers.

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