Property Rates in Siolim, Goa
Comprehensive Market Snapshot
Property rates in Siolim average ₹10,900 per sq ft, showing a recent quarterly decline. Apartments, priced at ₹10,900 per sq ft, have seen a notable decrease of -13.12%. Meanwhile, villas command a higher average of ₹18,350 per sq ft, experiencing a significant 12.98% rise, indicating a bifurcated market sentiment.
- Asking Sale Price₹ 10,900 /sq.ft
Insights for Siolim, Goa Real Estate Market
Siolim's property market presents a dynamic landscape with an average asking price of ₹10,900 per sq ft. Price trends over the last few quarters show fluctuations, with a notable dip from ₹18,900 per sq ft in June 2025 to ₹10,900 per sq ft by March 2026. The rental market offers promising yields, with apartments fetching ₹35,350 per month for a 1 BHK, and villas averaging ₹100 per sq ft. Notable nearby locations like Assagao command higher rates at ₹26,200 per sq ft, while Mapusa offers more affordable apartments at ₹7,950 per sq ft. Top projects like Heritage Floresta are listed at ₹4,800 per sq ft, reflecting a segment focused on specific price points.
- Villas in Siolim are priced significantly higher than apartments, averaging ₹18,350 per sq ft and showing a strong quarterly growth of 12.98%.
- Apartments in Siolim have experienced a notable price correction, with an average rate of ₹10,900 per sq ft and a quarterly decrease of -13.12%.
- The rental market for a 1 BHK apartment in Siolim is robust, averaging ₹35,350 per month.
- Nearby residential hubs like Assagao command substantially higher property rates, averaging ₹26,200 per sq ft for villas, a 2.76% increase.
- Mapusa offers a more accessible entry point for apartment buyers, with an average rate of ₹7,950 per sq ft, marking a significant 12.36% quarterly rise.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Siolim, Goa
Siolim's property market has experienced considerable price fluctuations over the past year. Prices were as high as ₹18,900 per sq ft in June 2025, before descending to ₹10,900 per sq ft by March 2026. This downward trend suggests a market recalibration or a shift in inventory.
Siolim's real estate market offers distinct opportunities across property types. Villas represent the higher-value segment, averaging ₹18,350 per sq ft with a strong 12.98% quarterly growth. Apartments, conversely, are priced at ₹10,900 per sq ft, showing a notable decline of -13.12%, indicating a different market dynamic for this segment.
Siolim's surrounding areas present a varied property landscape. Assagao, a prime residential locality, commands an average villa rate of ₹26,200 per sq ft, reflecting its premium appeal and a 2.76% increase. Morjim and Vagator also feature prominently with villas priced at ₹22,500 and ₹20,850 per sq ft respectively, though both have seen recent dips. In contrast, Mapusa offers more affordable residential apartments at ₹7,950 per sq ft, a significant 12.36% rise, indicating strong demand in this more accessible micro-market.
Project and Developer Insights
In Siolim, specific projects cater to distinct budget segments. Heritage Floresta is listed at ₹4,800 per sq ft, while Saldanha Orchid is available at ₹3,900 per sq ft, both showing no change in rates and reflecting a stable pricing strategy for these developments.
Property Rental Trends in Siolim, Goa
In Siolim, the rental market sees apartments as a primary offering, with 1 BHK units averaging a strong ₹35,350 per month. This indicates a steady demand for smaller residential spaces within the locality.
Rental rates in nearby locations show variation, with Mapusa, Porvorim, and Dona Paula all averaging ₹50 per sq ft. Mapusa has seen a -3.12% change, Porvorim a -10.26% change, while Dona Paula remains stable with a 0% change.
FAQs about Property Rates in Siolim, Goa
As of March 2026, the average asking price in Siolim, Goa, is ₹10,900 per sq ft. This represents a significant depreciation of 13.12% from the previous period, indicating a downward adjustment in property values. The current asking price for apartments in Siolim is ₹10,900 per sq ft, which has also depreciated by 13.12% as of March 2026.
Property prices in Siolim, Goa, have shown a notable downward trend over the past year. From June 2025 to March 2026, the average asking price in Siolim depreciated significantly. Specifically, prices dropped from ₹18,900 per sq ft in June 2025 to ₹10,900 per sq ft in March 2026. This quarter-over-quarter decline suggests a market correction or softening demand during this period.
In Siolim, Goa, there's a distinct price difference between property types as of March 2026. Villas command a higher average price of ₹18,350 per sq ft, showing an appreciation of 12.98% over the period. In contrast, apartments are priced lower at an average of ₹10,900 per sq ft, experiencing a depreciation of 13.12% during the same timeframe. This suggests a stronger market performance for villas compared to apartments in Siolim.
Rental rates vary across micromarkets near Siolim, Goa, as of March 2026. Mapusa, Porvorim, and Dona Paula all show an average rental rate of ₹50 per sq ft. However, Mapusa has seen a slight depreciation of 3.12% in rental rates, while Porvorim experienced a more significant depreciation of 10.26%. Dona Paula's rental rates have remained stable with a 0% change. These figures suggest a softening rental market in Mapusa and Porvorim.
As of March 2026, two projects in Siolim, Goa, are listed with specific rates: Heritage Floresta at ₹4,800 per sq ft and Saldanha Orchid at ₹3,900 per sq ft. Both projects show no change in their listing rates (0% changePercentage). These rates are considerably lower than the overall average asking price in Siolim, suggesting these might be for specific configurations or earlier inventory.
Property prices vary significantly across micromarkets near Siolim, Goa, as of March 2026. Assagao, a neighbouring area, has a much higher average rate of ₹26,200 per sq ft for villas, showing an appreciation of 2.76%. Morjim, also known for villas, has an average rate of ₹22,500 per sq ft, but has seen a depreciation of 10.49%. In contrast, Siolim's overall average asking price is ₹10,900 per sq ft, indicating that these neighbouring villa-centric micromarkets are priced at a premium.
The recent downward trend in property prices in Siolim, Goa, with a 13.12% depreciation as of March 2026, could indicate a buyer's market. For potential buyers, this suggests an opportunity to acquire property at potentially lower prices than in previous periods. For investors, a depreciating market might signal caution, although it could also present opportunities for long-term capital appreciation if the market rebounds. The significant drop from ₹18,900 per sq ft in June 2025 to ₹10,900 per sq ft in March 2026 highlights this shift.
