Goa
Morjim serves as a premier destination for luxury residential investment in Goa, with current property valuations averaging ₹22,500 per sq ft. The market has seen varying price movements over recent quarters, reflecting shifting demand for high-end coastal living. Alongside capital appreciation, the region benefits from proximity to rental markets in Mapusa and Dona Paula, where consistent demand supports rental rates of ₹50 per sq ft. Investors often look toward these surrounding pockets for balanced portfolio growth.
As of March 2026, the average asking price in Morjim stands at ₹22,500 per sq ft. This figure reflects a market depreciation of 10.49% when compared to the previous period, indicating a softening in pricing for the villa-dominated residential segment in this locality.
Property prices in Morjim have shown a fluctuating trajectory, with the average asking price moving from ₹22,200 per sq ft in June 2025 to ₹21,900 in September 2025, peaking at ₹25,150 in December 2025, before settling at ₹22,500 per sq ft in March 2026. This volatility suggests that buyers and investors should monitor the market closely, as the recent shift reflects a correction from the highs observed at the end of 2025.
Property rates in Morjim, currently at ₹22,500 per sq ft, are positioned at a premium compared to many surrounding areas. For instance, neighbouring localities like Siolim and Calangute offer more accessible entry points at ₹10,900 per sq ft and ₹12,950 per sq ft respectively, while Assagao commands a higher rate of ₹26,200 per sq ft. Understanding these regional variations allows investors to benchmark their capital outlay against the specific lifestyle and infrastructure benefits offered by each micro-market.
As of March 2026, the average asking price for villas in Morjim is ₹22,500 per sq ft. This asset class has experienced a depreciation of 10.49% compared to the preceding period, which may present a more attractive entry point for luxury home buyers looking to establish a presence in this coastal locality.
While specific rental data for Morjim is currently unavailable, nearby localities such as Mapusa, Porvorim, and Dona Paula all show a consistent average rental rate of ₹50 per sq ft. Rental rates in Mapusa have seen a depreciation of 3.12%, and Porvorim has seen a depreciation of 10.26% compared to the previous period, while rental rates in Dona Paula have remained stable with a 0% change, reflecting a balanced rental environment in these neighbouring hubs.
