The Union Territory of Dadra and Nagar Haveli and Daman & Diu has successfully attracted ₹1,500 crore in investments during its latest Investment Summit, held in Daman. The funding primarily targets industrial infrastructure and tourism-focused real estate, promising a significant boost to the region’s economic and hospitality sectors.

Officials reported that a large portion of the committed funds—around ₹900 crore—will be allocated to hospitality and tourism infrastructure, with several boutique hotel chains, eco-resort developers, and hospitality brands signing MOUs for upcoming projects in Daman’s coastal belts, including Nagoa and Devka Beaches.

The remaining ₹600 crore will support industrial clusters near Daman and Silvassa, especially in clean energy, light manufacturing, and logistics. These projects are expected to create over 6,000 new jobs, drawing more professionals and indirectly stimulating demand for mid and high-end residential housing.

Local developers anticipate a 12–15% increase in commercial plot inquiries in prime zones like Jampore and Moti Daman, particularly for hospitality-related uses such as homestays, serviced apartments, and beach-view cafes. Analysts say that the summit positions Daman as a major player in the West Coast tourism economy, similar to Goa’s upscale hospitality segment.

The summit also highlighted efforts to improve connectivity and digital governance, reinforcing investor confidence and setting the stage for future REITs and PropTech involvement in the UT’s real estate space.