India Sotheby’s International Realty and the ASK Property Fund have made a significant investment of ₹63 crore in the 'Ananda Nilaya' project, located in Arpora, North Goa. This ultra-luxury housing development will feature 28 villas spread across 5.12 acres and is projected to generate revenue of approximately ₹360 crore. The project is strategically situated just 2 km from Baga Beach and is easily accessible from both Mopa International Airport and Dabolim Airport. Designed by the architectural firm Stapati, known for its eco-sensitive and luxury projects, Ananda Nilaya aims to meet the growing demand for luxury second homes in Goa. Amit Bhagat, CEO of ASK Property Fund, emphasized the project's potential to create a unique luxury villa community in one of Goa’s most desirable locations. All necessary project approvals, including RERA approval, have been secured, paving the way for this landmark investment in Goa's real estate market.