Goa
The Miramar property market reflects a high-value landscape where residential demand remains robust, characterized by a current average price of ₹18,950 per sq ft. Price trends over the past year have shown significant fluctuations, moving from a low of ₹16,700 in late 2025 to a peak of ₹20,500 in the subsequent period, highlighting the area's dynamic nature. Rental demand in the broader region remains steady, with several surrounding areas recording average rental rates of ₹50 per sq ft. Buyers are increasingly drawn to this locality for its premium lifestyle, balancing higher capital entry points with the potential for long-term value appreciation.
As of June 2026, the average asking price in Miramar is ₹18,950 per sq ft. This figure reflects a significant appreciation of 13.53% compared to previous periods, indicating strong demand and a premium positioning for residential properties in this locality.
Property prices in Miramar have shown a fluctuating trajectory throughout the recent quarters. While the location rate was recorded at ₹18,250 per sq ft in June 2026, it reached ₹18,950 per sq ft in March 2026, following a rise from ₹16,700 per sq ft in December 2025. Investors should note this volatility, as the rate was as high as ₹20,500 per sq ft in September 2025, suggesting a market that is currently recalibrating after a peak period.
Property rates in Miramar, currently at ₹18,950 per sq ft, are positioned competitively against several surrounding areas. For instance, Saipem commands a higher average rate of ₹21,300 per sq ft (which has appreciated by 12.87%), and Bambolim stands at ₹19,600 per sq ft (appreciating by 4.29%). Conversely, more affordable options are available in areas like Panjim at ₹10,500 per sq ft (up 4.54%) and Alto Betim Porvorim at ₹8,400 per sq ft, which has seen a depreciation of 5.47%.
As of June 2026, the average price for apartments in Miramar is ₹18,250 per sq ft. This rate has experienced a depreciation of 3.51% compared to the prior period, which may signal a slight softening in the segment or a correction in seller expectations for apartment-style inventory in the area.
Rental rates in the vicinity of Miramar are currently uniform across several key hubs, with Dona Paula, Porvorim, Mapusa, and Siolim all showing an average rental rate of ₹50 per sq ft. Investors should be aware of the varying trends in these areas: Dona Paula has seen a depreciation of 19.61%, Mapusa a depreciation of 9.68%, and Porvorim a depreciation of 2.86%, while Siolim has remained stable with 0% change, indicating a steady rental market in that specific pocket.
When evaluating rental potential near Miramar, it is important to note that the rental market is currently experiencing downward pressure in several neighbouring localities. While Siolim has maintained a stable rental rate of ₹50 per sq ft, other areas like Dona Paula have seen a significant depreciation of 19.61% in rental rates. This suggests that while rental demand exists, landlords and investors should carefully assess the specific micro-market dynamics and supply levels before projecting rental income.
You can use this data to benchmark your investment or purchase against current market realities in Miramar and its surrounding neighbourhoods. By observing the trend from September 2025 (₹20,500 per sq ft) to June 2026 (₹18,250 per sq ft), you can identify whether the market is currently in a growth or correction phase. Additionally, comparing the average asking price of ₹18,950 per sq ft against nearby areas like Bambolim or Panjim helps in determining if you are paying a premium for the location or finding a relative value.
