Daijiworld Media Network – Panaji
Panaji, Dec 12: Despite a series of judicial setbacks this year — including key amendments to the TCP Act being struck down — Goa’s real estate momentum shows no signs of slowing. Investor interest remains strong, with official data revealing that an average of 10 real estate companies and six construction firms are being registered in the State every month.
Union Minister of State for Corporate Affairs Harsh Malhotra, replying in the Rajya Sabha to a question by Goa MP Sadanand Shet Tanawade and others, said 166 real estate and rating companies and 110 construction firms were registered in Goa over the last 16 months.
Company registrations have surged overall too. Between April and November 2024, Goa saw 725 new companies, and the pace picked up further this year with 826 firms added between April and November 2025. In all, 1,541 companies were incorporated in this period, reflecting the State’s rising appeal as a business hub.
The services sector led the chart with 581 companies (37%), spanning personal services, consultancies and other business activities. This was followed by transportation, storage and communication with 310 companies (20%).
Manufacturing logged 159 firms, trading contributed 176, while agriculture accounted for 18 new entities. Sectors such as electricity, gas and water (12), finance (18) and mining (12) also added to the tally.
Private Limited Companies dominated the registrations with 856 incorporations, matched by an equal 856 LLPs, indicating a shift toward flexible business structures. The State also saw 102 One Person Companies (OPCs) and three Public Limited Companies being formed.
The sustained inflow of real estate and construction firms underscores the sector’s resilience. Judicial scrutiny may have slowed certain projects, but the steady rise in new registrations suggests that developers and investors remain optimistic about long-term prospects.
Industry watchers say Goa’s enduring charm — as a tourism magnet, retirement haven and premium lifestyle destination — continues to fuel demand for residential and commercial spaces. Entrepreneurs, they note, are eager to tap into this demand despite regulatory hurdles.
The numbers placed before Parliament make one thing evident: even with legal interruptions, Goa’s business climate remains vibrant, with real estate and construction still powering ahead.