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MYSTIC WAVE

Kishore Infrastructures Private Limited

1 Tower

RERA VerifiedUnder ConstructionLuxury
MYSTIC WAVE

Developer

Kishore Infrastructures Private Limited

RERA ID

PRGO08242238

Starting Price

₹77 L – ₹1.3 Cr

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RERA-Registered Project Data

RERA Verified

Total Units

226

Total Towers

1

Unit Sizes

5,228 sqft

Price

₹77 L – ₹1.3 Cr

Possession

May 2027

RERA Status

Under Construction

Price Intelligence

Based on calangute corridor data

₹20,990–21,000/sqft
calangute corridor
Corridor range: ₹6,000–12,000/sqft
+7.7%+ p.a. appreciation

Estimated Unit Cost

₹11 Cr₹11 Cr

avg unit 5,228 sqft (carpet)

By Configuration

Other available

1 configuration type · Contact for current pricing

All-in Cost Estimate

Our advisors can get you the current price sheet, payment plan, and all-inclusive cost breakdown.

About This Project

Mystic Wave is a residential apartment project by Kishore Infrastructures located in Calangute, North Goa. The project offers 1 RK, 1 BHK, 2 BHK and 3 BHK configurations with a mix of semi-furnished and furnished units.

WESTSIDE VIEW

Mystic Wave by Kishore Infrastructures represents a significant addition to Calangute's residential landscape. The project's prime location in North Goa's most vibrant area offers excellent connectivity and lifestyle amenities. While detailed unit specifications are forthcoming, the 2027 completion timeline suggests a well-planned development strategy. Prospective buyers should note that unit types, sizes, and configuration details will provide clearer investment insights once officially announced. The Calangute location itself is a strong point, given its established infrastructure, tourism appeal, and rental potential. Investors and homebuyers are advised to monitor project updates for unit availability, pricing, and specific amenities that will define this development's market positioning.

Ideal For
Studio, 1 BHK, 2 BHK, 3 BHK | Value-seeking early-entry investors, holiday home buyers
Investment Verdict
Value-seeking early-entry investors welcome the accessible studio entry; extreme ₹21,000/sqft demands consistent peak-season occupancy for logical ROI.
Project Segment
Luxury
RERA Status
RERA Registered

Westside Expert Analysis

Our advisors' assessment of this project

Primary Differentiator

Largest development in Calangute corridor (226 units across 6 towers) with 68% open space — self-contained micro-resort township with entry-level studios from ₹75.97L.

Best Suited For

Studio, 1 BHK, 2 BHK, 3 BHK | Value-seeking early-entry investors, holiday home buyers

Investment Verdict

Value-seeking early-entry investors welcome the accessible studio entry; extreme ₹21,000/sqft demands consistent peak-season occupancy for logical ROI.

Project Segment

Luxury

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5-Year Outlook

AI Projection

5-Year Appreciation

35%–40%

Estimated range

Annual CAGR

12%–16%

Corridor average

Rental Yield

3.5–4.5%

AI estimate · verify locally

Bull Case

Economy outperforms, RBI cuts rates below 5.5%, Mopa expands to full international capacity. Luxury villas uniformly push ₹30,000+/sqft. STR net yields consistently above 10%.

Bear Case

Coastal erosion accelerates, Bombay HC mandates construction ban, Airbnb/STR taxation crushes yields. Capital appreciation flattens to 2–3%, investors exit to South Goa.

Location & Connectivity

Distances, connectivity, and neighbourhood context

View on Google Maps →
Airport14 km
MetroNo metro. Road: Chogm Road (to Porvorim/NH-66), Aguada–Siolim coastal road. Rail: Thivim station ~12 km. Air: Mopa (international, ~35 km north) + Dabolim (~45 km south).
Calangute
₹14,550–16,046/sqft
+7.7% YoY appreciation

Location Highlights

Calangute, North Goa
Proximity to Calangute Beach
View Calangute market report →

About the Developer

K
Kishore Infrastructures Private Limited

Market Intelligence

Bull Case
Economy outperforms, RBI cuts rates below 5.5%, Mopa expands to full international capacity. Luxury villas uniformly push ₹30,000+/sqft. STR net yields consistently above 10%.
Base Case
Prices grow 7–9% CAGR reaching ~₹20,000/sqft by 2030. STR net yields 6–8% sustain double-digit total returns. Market defined by mature but upward movement.
Bear Case
Coastal erosion accelerates, Bombay HC mandates construction ban, Airbnb/STR taxation crushes yields. Capital appreciation flattens to 2–3%, investors exit to South Goa.
Risk Factors
Coastal erosion — 19–25% of Bardez coastline affected
CRZ & zoning disputes — ODP 2025 under Section 40 litigation
Oversupply risk in ₹3–8 Cr luxury villa segment
Utility strain during peak tourist season
Illiquid during macro downturns (2020 pandemic demonstrated)
Growth Catalysts
Mopa Airport (Manohar International) — funnels HNI/NRI directly into North Goa
Porvorim Elevated Corridor (April 2026) — bypasses NH-66 bottleneck
Digital nomad & remote-work demand — permanent lifestyle shift
STR institutionalization — gross yields 8–12% proven
GMR Aerocity near Mopa — 7,000 hotel rooms + convention center

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Frequently Asked Questions

Common questions about this project

MYSTIC WAVE is priced at ₹20,990/sqft. All-in costs including PLC, EDC, IDC, GST, and registration typically add 18–22% to the base price.