Magna Realty · real estate consultancy and strategy · Goa

Real estate strategy for Goa, from people who have built here.

Magna Realty Pvt. Ltd. is the Magnum Group's real estate consultancy and strategy firm. We advise landowners, investors, developers, and institutions on what to do with land and buildings in Goa — from the first title check to the structure of a joint development — and we manage the group's own land and leasing, which is where the advice comes from.

Incorporated
December 2013
CIN
U45200GA2013PTC007381
Registered office
Magnum Chambers, St Inez, Panaji
Advises
Landowners · investors · developers · institutions

What we advise on

Six questions we are asked, and answer in writing.

Every engagement ends in a written opinion that lists the documents we examined and the assumptions we made. If the answer is “do not buy this”, that is the answer we give.

What can this land carry?

Land strategy: what a parcel can and cannot take under the Regional Plan and the Outline Development Plan in force — zoning, access, conversion, setbacks, and the neighbours — and the honest options: hold, sell, develop, or joint-develop.

Does the project work?

Feasibility: product mix at carpet-area level, sale against lease economics, construction cost and phasing, and what the numbers look like if the market turns. We have built through three cycles; the model assumes there will be a fourth.

How should a joint development be structured?

Area share or revenue share, the SPV, security for both sides, timelines and exits — put together with your advocate and chartered accountant so that the agreement matches the deal that was actually struck.

Is this title safe to buy?

Transaction advisory: the title chain and survey records, encumbrances, Comunidade and aforamento questions, tenancy and mundkar issues, and the sequence of a clean closing through banking channels. Legal opinion is your advocate's; we make sure the right questions reach the advocate.

What approvals, in what order?

Regulatory sequencing: Town and Country Planning, the ODP, CRZ where it applies, Panchayat or municipal licences, conversion sanads, and Goa RERA registration readiness — the order, the timelines, and the traps.

How should this building earn?

Leasing and asset strategy for owners of commercial property: tenant mix, rent benchmarks, lease structuring and renewals. The group's own Panjim buildings — Magnum Centre, Magnum Plaza, Magnum Chambers — are the reference.

How we work

Fixed scope, written answers, no brokerage.

Engagements are scoped and priced in writing before work starts. We do not broker transactions and do not take fees from the other side of a deal we are advising on. Where a matter needs a lawyer, a chartered accountant, a surveyor, or an architect, we work alongside yours or introduce ours, and say which is which.

Statutory filings, legal opinions, and tax advice are given and made by the qualified professionals engaged for the purpose; Magna Realty's advice is strategic and commercial.

Who comes to us

Four kinds of client.

Landowners

Families with a parcel in North Goa deciding whether to hold, sell, or develop — and how to do any of the three without regret.

Investors and NRIs

Buying in Goa from Mumbai, Bengaluru, or abroad: the checks before the token, the timelines, and who looks after the property afterwards. FEMA and tax questions are flagged to your chartered accountant.

Developers and institutions

Out-of-state developers who need a Goa-based partner's reading of a site, and institutions with land to put to use.

Owners of commercial buildings

Leasing strategy for office and retail space in Panjim and Porvorim.

Why the advice is worth having

We advise the way we invest.

Magna Realty holds the group's own land in North Goa and manages the leasing of its Panjim buildings. The land strategy we recommend to a client is the one we run on our own parcels — which is the only kind of advice worth paying for.

Three property cycles

Land bought in the 1980s, buildings completed in 1993, 1997, 2003, 2015, 2016, 2020, and 2023, and four projects in design and planning. The file room at Magnum Chambers holds forty years of approvals, surveys, and correspondence.

The group behind it

Magnum Constructions builds what Magna Realty structures. Where a client's parcel is better developed than sold, the group can be the development partner — declared upfront, never assumed.

Local, and accountable

Registered in Goa, run from Panjim, and around for the next cycle. A written opinion carries the name of the people who will still be here when it is tested.

Magna Realty Pvt. Ltd. · CIN U45200GA2013PTC007381 · Registered office: Magnum Chambers, V.V. Dempo Marg, St. Inez, Panaji, Goa 403001 · +91 832 222 4563. Advice is strategic and commercial; legal opinions, tax advice, and statutory filings are given and made by qualified professionals engaged for the purpose.