Top Localities Lead Growth
Among the top localities, Porvorim leads the pack with a price increase of 51.69%, followed by Candolim at 42.79% and Caranzalem at 9%. Porvorim, priced at ₹11,610 per sq ft, is the most popular area for homebuyers, particularly for 3BHK configurations. However, the demand for 2BHK homes is also strong across these regions.
The Growing Middle-Class Segment
Residential supply in Porvorim (35.3%), Candolim (52.2%), and Caranzalem (63.8%) is concentrated in the ₹1–2 crore price range, while Dabolim (52.5%) and Vasco Da Gama (65.2%) cater predominantly to the ₹50 lakh to ₹1 crore market, reflecting a strong growth potential in the middle-income segment.
Goa: A Rising Star in West India’s Real Estate
In comparison to emerging markets like Surat, Nagpur, and Indore, Goa has experienced one of the sharpest increases in residential capital appreciation. The combination of robust tourism-driven rental demand, infrastructure development, and a rising desire for premium living options positions Goa as an ideal market for both end-users and investors.
As Goa continues to attract attention for its growing residential appeal, its real estate market remains a high-yield, high-demand area in the West Indian property landscape.
