Esmeralda – Villas, Row Houses and Apartments by Naiknavare Developers in North Goa


Old Goa or Velha Goa provides an absolute reflection of that’s now left of Golden Goa with half-a-dozen imposing churches and cathedrals. Not as commercial and busy as the relatively modern and touristy locations of Goa, Velha Goa is an ultimate holiday home location for those looking for a quieter holiday yet remaining near to the beaches and vibrant nightlife. Situated on the banks of the beautiful Mandovi River, Old Goa is one of the most visited locations in the State’s North and provides an imposing picture of Goa’s history and architectural marvels, which can easily be seen in some of the many developments that has come up in the area.

One such project is being developed by Naiknavare Developers Pvt. Ltd. which will be a combination of studio, 2, 3, 4 BHK apartments, row houses and independent houses/ villas. To be completed in the first quarter of 2015, Esmeralda by Naiknavare Developers at Kadamba Plateau of Old Goa is being marketed as a luxurious paradise with all the facilities/ amenities one can think of availing during a vacation.

Once complete Esmeralda will feature large garden areas with water bodies surrounding the buildings providing cross ventilation round the year to all apartments, row-houses and villas. With 30 percent of the total area dedicated to greenery, the development will have ample garden seats, benches and other furniture and separate children play area with superior play equipment and a skating rink. The development will also have a broad elevated walkway connecting all apartment blocks and garden courts and all the walkways, lawn areas, play areas will be well lit with LED lights, street lights with magic box for power saving in non-peak hours.

The Esmeralda development will have several eco-friendly features like row houses and villas to be equipped with solar water heating system, recycled water for flushing in toilets, gardening and car wash, a state-of-the-art sewage treatment plant with tertiary treatment to recycle water, rain water harvesting by recharge bores, solid waste treatment and disposal system, motion sensor lights in parking for power saving and holders for CFL lamps only. The buildings too have been so designed that they ensure an optimum amount of wind-flow round the year and all the houses are cooled naturally, thus ensuring minimum use of electricity in air conditioning.

Esmeralda is approximately 2.5 kilometers north-west of Agacaim, 12 kilometers south-east of the capital Panjim, 17 kilometers north-east of Vasco da Gama and 22 kilometers north of the South Goa district headquarters Margao. The development is close to the best beaches of Goa and the airport is about a 40-minutes drive.

About the Developer:
Naiknavare Developers Pvt. Ltd. is a Pune-based real estate development company with a track record of over two decades in the real estate and especially the construction industry. The company has completed around 7-8 million square feet worth of residential and commercial projects in and around Pune, Kolhapur and Navi Mumbai.

The company has recently expanded operations to Goa and has already launched two developments. The company has developed the Alu Form technology, where it manufactures construction equipment (scaffolding made of aluminum) for use on its own projects. Aluform is a revolutionary construction technique in which we save not only time, but get quality construction of the highest order which has a longer lifespan. Due to the development of this technology, Naiknavare Developers is able to construct entire floors along with walls in a period of five to seven days. This increases efficiency and also produces an extraordinarily strong monolithic structure with excellent concrete finish.

Amenities/ facilities:

  • 24 x 7 security with CCTV and electrical fencing
  • Separate large Amphitheater
  • Senior Citizen areas, sit outs and pavilions
  • Water bodies, walkways and bridges
  • Club House
  • Swimming pool
  • Jacuzzi
  • Baby pool with Semi covered deck
  • Coffee bar
  •  Well designed luxurious spa
  • Convenience shops.

Sizes and pricing:

Type Size (in square feet) Pricing (in INR)
3 BHK Independent House/Villa 5195 2.9 crores
2 BHK apartment 1345 62.5 lacs
4 BHK apartment 3584 1.67 crores
Studio apartment 750 34.85 lacs

For more information one can contact Santosh Yeole at +91-8805008090, +91-9881739615 (Landline: 91-020-25531525) or email him at

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