HOABL MIRO'S RIVIERA RESORT & VILLA — New Project Coming Up in Bicholim, Goa

New Luxury Resort and Villa Project Announced in Bicholim

The House of Abhinandan Lodha (HoABL) has announced MIRO'S RIVIERA RESORT & VILLA, a new development in Bicholim, North Goa. The project brings together resort-style hospitality and residential villa offerings to the region's growing luxury market.

About the Developer

The House of Abhinandan Lodha is an independent real estate consumer-tech brand established in 2020 and is not associated with Lodha Group. HoABL is credited with being the first company in India to introduce branded plotted developments and introduce transparency, clear titles, and large-scale township development to the plotted land segment.

HoABL maintains an active portfolio across Goa. The developer operates multiple properties in the state, including developments in Bainguinim (Old Goa), Bicholim, and Dabolim. The company's Bicholim ventures include a large-format township featuring a 40,000 sq.ft clubhouse, man-made sea, private beach and 5-star MIROS services.

Bicholim as an Emerging Growth Corridor

Bicholim and the broader east-of-NH-66 belt have been identified as the next phase of real estate expansion in North Goa, driven by ongoing infrastructure upgrades, improving regional connectivity, and a structurally limited supply of developable land.

Land prices in Bicholim have risen 2.12 times in five years, with a 16% CAGR, and are projected to grow further as infrastructure improves. Major projects driving regional development include the operational Manohar International Airport (MOPA), upgrades to the NH-66 Mumbai-Goa highway, the Bicholim and Assonora bypasses, and the proposed Shaktipeeth Expressway.

Goa attracted 1.08 crore tourists in 2025, supporting sustained real estate absorption and rental demand. Strong rental yields for luxury villas offer 10–12% returns with peak occupancies ranging between 90–98%.

Location Context

North Goa is frequently chosen by prospective purchasers looking for villas because of its lively lifestyle options, well-known beaches, and leisure activities, with Bicholim among popular villa locations. The area is home to numerous educational institutions including Holy Cross High School, Keerti Vidyalaya High School, and Shri Vasant Vidyalaya.