GHD Group, a leading real estate developer in Goa, has announced the launch of GHD Sky Park, a premium branded residential development integrated with managed serviced apartments operated by Royal Orchid Beach Resort & Spa. Located at Fatorda, Madgaon, South Goa, the project represents a significant addition to Goa’s evolving lifestyle- and hospitality-led real estate landscape.
The project will be developed in two phases, with construction commencing in January 2026 and overall completion targeted by December 2029. With a total investment of approximately ₹180 crore, GHD Sky Park is expected to generate an overall project value of ₹380–400 crore, underscoring the Group’s focus on quality construction, robust specifications, and long-term asset value creation.
Conceptualised as a modern, lifestyle-centric development, GHD Sky Park blends the comfort of branded residences with the convenience of hotel-style, professionally managed services. The project is designed to appeal to discerning homebuyers, second-home seekers, and long-term investors seeking high-quality residential formats backed by trusted hospitality management.
Bharat Thakran, Chairman & Managing Director, GHD Group, said: “GHD Sky Park reflects our long-term vision of creating differentiated developments that respond to changing consumer preferences. Goa is increasingly emerging as a serious residential and investment market, beyond its traditional tourism appeal. With GHD Sky Park, we are introducing a branded, hospitality-integrated residential format with professional management through Royal Orchid that delivers lifestyle value and strong fundamentals for sustained growth.”
Spread across 3.5 lakh sq. ft., the project will comprise a basement plus nine floors, offering around 280 studio, 1- and 2-BHK premium branded apartments designed to optimise space, functionality, and comfort in line with contemporary urban living preferences.
Dheeraj Sharma, CEO, GHD Group, added: “Today’s buyers are looking beyond just homes—they seek experiences, convenience, and future-ready developments. GHD Sky Park has been planned to address these expectations through efficient design, quality construction, and the integration of managed serviced apartment operations by Royal Orchid. Our focus remains on disciplined execution, transparency, and timely delivery, ensuring long-term value for customers and stakeholders.”
With this launch, GHD Group continues to strengthen its footprint in Goa, a market witnessing rising demand from end-users, professionals, retirees, and lifestyle-focused buyers. The project advances the Group’s strategy of developing premium yet practical real estate assets in high-potential micro-markets, supported by trusted hospitality partnerships.
