Davorlim, GOA
- Locations
A major reason for the expanding real estate market in Davorlim is its direct adjacency to Margao, providing easy access to its "valuable land bank" for residential and mixed-use developments. Unlike the more congested core of Margao, Davorlim still offers relatively more spacious plots and independent homes, providing a desirable alternative for those seeking a larger living space or a quieter environment within reach of city conveniences. Furthermore, ongoing governmental initiatives focused on improving regional connectivity and developing crucial infrastructure in and around Margao and its immediate surroundings are significantly enhancing Davorlim's liveability and investment appeal. This sustained growth in infrastructure and the availability of diverse properties will continue to bring new job opportunities and business options to residents in this expanding and well-connected South Goan locality.
GOVERNMENT PROJECTS IN Davorlim
Construction of 6-lane Road Over Bridge (ROB) including approaches at Rawanfond circle
This is a crucial ongoing infrastructure project directly impacting Davorlim. The Rawanfond circle is a key junction near Davorlim, and the construction of a 6-lane Road Over Bridge will significantly ease traffic congestion and improve connectivity towards Margao and other surrounding areas. This enhances daily commuting for Davorlim residents, making the area even more desirable.
Development of Margao as a Smart City (Proximity Benefit)
While Davorlim is a village, its immediate proximity to Margao means it significantly benefits from the "Margao Smart City" initiatives. These plans involve upgrading urban infrastructure, waste management, public spaces, and digital services in Margao. As Margao improves, Davorlim, being its close neighbor and residential extension, will indirectly gain from enhanced civic amenities, better connectivity, and a higher quality of urban life, making it a more attractive place to reside.
Construction of a New Wholesale Fish Market at Margao (Phase III)
The ongoing construction of the New Wholesale Fish Market at Margao (Phase III) is a significant economic project in the region. Although not directly in Davorlim, it represents a substantial investment in Margao's commercial infrastructure. This can create indirect economic opportunities for Davorlim residents through supply chains, ancillary businesses, and increased demand for housing due to potential job creation in the wider Margao area.
Improvements and Widening of Road from Kharebandh Bridge to Rawanfond Circle
This project (mentioned by GSIDC) is part of a continuous effort to enhance local road networks. Improving the road from Kharebandh Bridge to Rawanfond Circle directly impacts Davorlim by providing smoother and faster access to Margao city center and other key areas, reducing travel time and boosting convenience for residents.
Focus on Waste Management and Local Infrastructure Requests
While specific large-scale "new" government projects for Davorlim itself are less pronounced than for its urban neighbor Margao, there's an ongoing dialogue about utilizing acquired land in Davorlim for local community needs, including waste segregation and other infrastructure. Although past proposals for sports complexes or schools might have faced topographical challenges, the continued demand from the local panchayat for basic amenities signals sustained attention to improving local living conditions. Any successful implementation of such local infrastructure projects would directly enhance liveability in Davorlim.
LAND GROWTH STATISTICS IN Davorlim 2025
Davorlim’s real estate market offers a relatively affordable entry point into the Margao real estate landscape, characterized by steady growth and a mix of apartments, plots, and independent houses, catering to a diverse range of buyers.
Average Property Price (Overall): As of June 2025, the average property price in Davorlim is approximately ₹5,000 per sq. ft. (Source: Housing.com). The price range is consistently indicated as ₹5,000 – ₹5,000 per sq. ft. on Housing.com, suggesting a fairly uniform pricing within its current listed properties, possibly indicative of apartments or standardized developments. MagicBricks lists properties ranging from ₹26.6 Lac to ₹55.4 Lac, which aligns with apartment and smaller house segments.
Year-on-Year Growth/Price Trend: Housing.com states that the “Price trend recommends both buying properties for sale and selling properties in Davorlim is profitable at the moment.” This indicates a stable and potentially appreciating market, though specific percentage growth figures are not readily available in the search results for Davorlim alone. The proximity to Margao, a growth center, suggests a generally positive long-term outlook.
Land/Plot Prices (Indicative, as of June 2025): Land remains a valuable asset in Davorlim, with prices varying based on location, size, and development potential.
Small Residential Plots: A 305 sq. ft. plot in Dicarpale (a sub-locality of Davorlim) is listed for ₹64.22 Lac (approx. ₹21,060 per sq. ft.). This high per sq.ft. price suggests a very small, premium, or highly developed plot within a desirable sub-locality.
Mid-sized Residential Plots:
A 3391 sq. ft. plot is available for ₹69.3 Lac (approx. ₹2,044 per sq. ft.).
A 660 sq. meter (approx. 7104 sq. ft.) plot near Military Camp Rawanfond Dicarpali Margao is listed for ₹1.50 Cr (approx. ₹2,111 per sq. ft.). These figures offer a more realistic range for general residential plots.
Larger Plots (in nearby Salcete/Dramapur): Larger plots around 530 sq. meters (approx. 5700 sq. ft.) are listed for ₹2.1 Cr (approx. ₹3,684 per sq. ft. or ₹39.62K/sq.mt). Another 640 sq. meters (approx. 6888 sq. ft.) plot is for ₹1.6 Cr (approx. ₹2,322 per sq. ft. or ₹25K/sq.mt). These larger plots offer more flexibility for construction.
Apartment Prices (Indicative, as of June 2025): Apartments are a popular option in Davorlim, offering modern living close to Margao.
2 BHK flats are available from ₹55.0 Lac (for 937 sq. ft. built-up area, approx. ₹5,870 per sq. ft.) to ₹57 Lac (for 102 sqm, approx. 1098 sq. ft., approx. ₹5,191 per sq. ft.).
Projects like “Kayji Palladium” offer 2 & 3 BHK apartments, villaments, and penthouses ranging from ₹85.0 L – ₹1.83 Cr.
“Kharangate Rose Valley” has 1 & 2 BHK apartments from ₹27.0 L – ₹44.41 L.
A 2 BHK flat near KTC bus stand is available for rent at ₹14,000/month, indicating a healthy rental market.
Villa/Independent House Prices (Indicative, as of June 2025): Davorlim also has options for independent houses, often offering more space than apartments.
A 2 BHK house with a super area of 55 sqm (approx. 592 sq. ft.) is available for ₹25 Lac (approx. ₹4,223 per sq. ft.).
A brand new, unused 3 BHK house with a carpet area of 160 sqm (approx. 1722 sq. ft.) is available for ₹1.70 Cr (approx. ₹9,872 per sq. ft.).
Projects like “DS D N Garden Homes” offer 3 BHK villas for ₹71.08 L – ₹80.0 L.
A 4+ BHK independent bungalow with 16000 sq. ft. is listed for ₹23 Cr, indicating very high-end luxury properties are also present.
Investment Potential:
Strategic Location: Davorlim’s adjacency to Margao and good connectivity make it attractive for those working in the city or wanting easy access to urban amenities.
Affordability: Compared to prime areas within Margao or the coastal belt, Davorlim offers more affordable property options, particularly for plots and independent homes.
Growing Residential Hub: The ongoing development of infrastructure and availability of new projects cater to a growing demand for well-connected residential spaces in South Goa.
Rental Yield: Its proximity to commercial centers and educational institutions can ensure a steady demand for rental properties.
Davorlim presents a balanced investment opportunity, blending urban convenience with a village lifestyle, and offering varied property types suitable for both end-users and investors looking for steady appreciation in South Goa.