Land Price in Goa: Comprehensive Guide
Goa, with its serene beaches and rich heritage, is a sought-after location for land investments. Significant changes are occurring in the Goa real estate market, especially with regard to land prices. The average price of real estate in Goa is currently around Rs. 12,167 per square foot, with the starting price being about Rs. 140. Read below to know where you can invest. Understanding land prices here is key to making informed decisions.
Factors Influencing Land Prices in Goa
Below is the factors which influences land price in Goa:
- Location
Proximity to beaches, nightlife, or city centers significantly impacts costs. Prime areas like North Goa command higher rates.
- Purpose of Land
Residential, commercial, or agricultural land varies in pricing. Commercial plots near tourist hotspots are often pricier.
- Infrastructure and Amenities
Well-developed areas with connectivity, schools, or hospitals have premium land rates. Emerging localities offer affordable options.
- Demand and Tourism
Goa’s booming tourism drives up demand and land prices, especially near popular attractions.
Average Land Prices in Key Regions
Below is the average land price in Goa according to their price range.
- North Goa
Areas like Calangute, Anjuna, and Candolim have prices ranging from ₹10,000 to ₹25,000 per square meter.
- South Goa
Quieter locales like Colva and Palolem offer land between ₹5,000 and ₹15,000 per square meter, ideal for peaceful living.
- Rural Goa
- Agricultural plots or remote regions range from ₹1,000 to ₹5,000 per square meter, perfect for eco-projects.
