QUEPEM, GOA
- Locations
A major reason for the growing real estate market in Quepem is the abundant availability of affordable land, particularly agricultural and settlement zones in its serene hinterland and fringes. This serves as a valuable land bank for spacious independent homes, plotted developments, and even larger agricultural or eco-tourism projects, providing a stark contrast to the more congested and expensive coastal belts. Furthermore, Quepem's strategic location, with good road connectivity to Margao (South Goa's commercial capital) and easy access to the rail network, combined with governmental initiatives aimed at upgrading local infrastructure and promoting sustainable development, are continually enhancing liveability. This brings new opportunities for quiet community living, local businesses, and a high quality of life to residents in this expanding and increasingly attractive South Goan locale.
GOVERNMENT PROJECTS IN QUEPEM
Upgradation/Renovation of Government College at Quepem (Education Infrastructure)
This 32.32 km elevated corridor with 30 stations is a game-changer, significantly improving connectivity between Thane and Mumbai. It will provide interconnectivity with existing infrastructure like the Eastern Express Highway, Central Railway, and other metro lines (2B, 5, 6, 8). Property values along this corridor are anticipated to increase by 15-20% by 2027.
Focus on Local Road and Infrastructure Improvements (Within Quepem Taluka)
While specific large-scale national highway projects might bypass the immediate town, the GSIDC is continuously engaged in improving local road networks, bridges, and essential civic infrastructure within Quepem and its surrounding villages. This includes ongoing "Operations and maintenance of roads in Quepem" to ensure smooth connectivity. These consistent local upgrades enhance daily commuting, facilitate commercial activities, and improve overall liveability, making Quepem more accessible and convenient for residents.
Goa Industrial Growth & Investment Promotion Policy 2022 (Agro & Eco-Tourism Focus)
The Goa government's "Goa Industrial Growth and Investment Promotion Policy 2022" identifies focus sectors like agro- and food processing, eco-tourism, and high-end hospitality. Quepem, with its abundant agricultural land, lush natural surroundings, and river access (e.g., to the River Sal), is ideally positioned to benefit from this policy. The government aims to create enabling infrastructure like cold-chain facilities and specialized food parks, potentially relaxing land use coverage limits in Orchard zones for approved agro-based activities. This policy framework opens up new investment avenues in Quepem beyond traditional residential, for eco-resorts, farm stays, and agricultural ventures.
Manohar Parrikar Integrated Solid Waste Management Facility - Cacora (Regional Environmental Initiative)
Located in Cacora, which is near Quepem, the "Manohar Parrikar Integrated Solid Waste Management Facility" (operational, as indicated by its high rating) is a crucial regional environmental project. While not directly in Quepem town, this facility addresses a critical aspect of urban and rural development – waste management. Its existence ensures a cleaner environment in the surrounding areas, including Quepem, which is vital for long-term health, tourism appeal, and sustainable living, thereby indirectly enhancing property values.
Emphasis on Regional Connectivity through Margao Railway Station
Quepem benefits significantly from its proximity to Margao, South Goa's primary commercial hub and a major railway junction. The ongoing modernization and future plans for the Margao Railway Station (as highlighted in Margao's development plans) further enhance Quepem's connectivity to major cities across India. This makes Quepem an attractive option for those who prefer quieter living but require easy access to national travel networks for business or leisure.
LAND GROWTH STATISTICS IN QUEPEM 2025
Quepem’s real estate market offers a more affordable entry point into Goa compared to the highly expensive coastal North, making it attractive for budget-conscious buyers, long-term investors, and those seeking a quieter lifestyle.
Average Property Price (Overall): As of June 2025, the average property price in Quepem is approximately ₹8,605 per sq. ft. (Source: Housing.com, same as Margao, indicating its close association with Margao’s general market trends). However, some reports on Housing.com indicate an average price for Quepem specifically at ₹25,333 per sq. ft. which also mentions a range from ₹1,225 per sq.ft to ₹25,333 per sq.ft – this wide variance suggests the average might be skewed by a few high-value listings or the inclusion of very small, premium parcels, or plots within very limited, high-end gated projects. A more conservative and realistic average for general residential property would likely be closer to the lower end or the Margao average.
Average Price per sq.ft for Villas: For villas, the average price is around ₹2,500 – ₹2,900 per sq. ft. (Source: Housing.com, for Oct 2023-Mar 2024 data). This indicates a more affordable price point for independent homes compared to North Goa.
Year-on-Year Growth: Housing.com indicates “No data available” for price trends for Quepem-Sirvoi specifically, or shows varying trends like “Price trend recommends both buying properties for sale and selling properties in Quepem in Goa is profitable at the moment.” The mixed signals suggest a developing market where specific project launches can significantly influence short-term averages. However, the general consensus for South Goa hinterland areas points to a steady, albeit slower, appreciation compared to prime coastal areas.
Land/Plot Prices (Indicative, as of June 2025): Land is a key asset in Quepem, with wide variations based on size, location, and development potential.
Affordable Plots: Small residential plots (e.g., 480 sq.ft) can be found for around ₹52 Lakhs (approx. ₹10,830 per sq. ft.).
Mid-to-Large Residential Land: Larger residential land parcels are more common and offer better value per square meter.
A 300 sq. meter (3228 sq. ft.) residential plot is listed for ₹22 Lakhs (approx. ₹681 per sq. ft.). This is a very competitive price, indicating a more rural or developing part of Quepem.
A 1700 sq. meter (approx. 18,292 sq. ft.) residential land for ₹1.70 Cr (approx. ₹930 per sq. ft.).
Even larger plots, like 16,499 sq. meters (approx. 177,529 sq. ft.) for ₹3.30 Cr (approx. ₹186 per sq. ft.), are available, particularly for agricultural or multi-purpose use, highlighting significant land bank potential.
Agricultural/Orchard Land: Very large land parcels, especially agricultural or orchard zoned land, are significantly more affordable per square meter. For example, 29,000 sq. mts. (approx. 312,153 sq. ft.) for ₹500 per sq. mt. (approx. ₹46 per sq. ft.) or 140,000 sq. mts. (approx. 1.5 million sq. ft.) also for ₹500 per sq. mt.
Premium Settlement Zone Land: Land in a “settlement zone with all clear title” like a 250,000 sq. mt. (2.69 million sq. ft.) parcel is priced much higher at ₹2000 per sq. mt. (approx. ₹186 per sq. ft.), showing the premium for clear, developable land.
Apartment Prices:
1 BHK apartments are available around ₹40 Lakhs (for 902 sq.ft., approx. ₹4,434 per sq. ft.).
2 BHK apartments range from ₹37 Lakhs (for 920 sq.ft., approx. ₹4,021 per sq. ft.) to ₹39 Lakhs (for 750 sq.ft., approx. ₹5,200 per sq. ft.).
Investment Potential:
Quepem is recognized as a “promising investment destination” offering “affordable homes” and “strong investment potential” due to “constant property appreciation, a good living environment, and growing infrastructure.”
It’s a good location for those seeking budget-friendly options and potentially higher long-term capital appreciation as South Goa’s hinterland develops.
Quepem offers a compelling proposition for those seeking a peaceful Goan lifestyle, affordable land for larger projects, and a stable investment in a region poised for quiet, sustainable growth, making it an excellent alternative to the more saturated coastal markets.