A Tathastu Global Venture

Enquiry

ABOUT US

CEO Speak
CORE ETHOS AND VALUES
LEADERSHIP & MANAGEMENT
OUR STORY

PROJECTS

Tathastu Palms
Tathastu Serenity Farms
Tathastu Riverfront
Tathastu Mango Valley
Tathastu Grandscapes
Tathastu Boulevard

LOCATIONS

Maharashtra
GOA
Karnataka

NEWS & MEDIA

Social Profiles
Latest Developments in Konkan

DISCOVER KONKAN

Culture
Food
Travel
History

EXPATS

Konkan – A Hidden Gem
Investment Process
Growth & Capital Appreciation
Travel To Konkan
CONTACT

Visit our landscaping vertical ->

MURDESHWAR, KARNATAKA

- Locations

Murdeshwar, a renowned pilgrimage and tourist destination in the Bhatkal taluk of Karnataka's Uttara Kannada district, is a vibrant hotspot for homebuyers and investors. It is globally recognized for its colossal Shiva statue, the world's second tallest, and the magnificent Murudeshwar Temple, which attract millions of pilgrims and tourists annually. This constant influx of visitors has created a dynamic and ever-growing hospitality sector, making it a lucrative market for resort and hotel properties. The town's strategic location along the Konkan Railway route and the National Highway (NH-66) ensures excellent connectivity to major cities like Mangalore and Mumbai, further fueling its economic and real estate growth. With its beautiful beaches and a unique blend of spiritual and leisure tourism, Murdeshwar offers a valuable land bank for those looking to invest in a location with both strong cultural significance and high tourism-driven demand.

GOVERNMENT PROJECTS IN MURDESHWAR

Railway Station Modernization

The Murdeshwar Railway Station is a vital transit point on the Konkan Railway network. There is a strong government focus on upgrading railway stations to meet future demands, which includes amenities like free Wi-Fi, air-conditioned waiting rooms, and better connectivity to local transport.

National Highway (NH-66) Development

The four-laning of the NH-66 is a transformative project for the entire coastal Karnataka region, including Murdeshwar. This project improves road quality and reduces travel time to major hubs. Investment Impact: The upgraded highway directly boosts tourism and trade. Land along the highway and its vicinity becomes highly valuable for commercial development, such as hotels, restaurants, and service centers, as well as for residential projects targeting those who value easy transit.

Coastal Tourism Promotion

Murdeshwar is a prime destination in the government's coastal tourism promotion strategies. Initiatives focus on enhancing tourist amenities, promoting water sports at beaches like Murdeshwar Beach, and highlighting attractions like the Shiva statue and Netrani Island for scuba diving.

Upliftment of Pilgrimage Infrastructure

As a major pilgrimage site, Murdeshwar benefits from government and private trusts' focus on developing and maintaining religious infrastructure. This includes improvements to the temple complex, statue park, and surrounding areas to accommodate large crowds of devotees. Investment Impact: Continuous investment in the pilgrimage aspect ensures a steady flow of visitors year-round, providing a stable revenue stream for hospitality and commercial properties. It solidifies Murdeshwar's reputation as a top-tier spiritual tourism destination, driving long-term real estate value.

Greenfield Port Development in the Region

While not directly in Murdeshwar, the proposed all-weather greenfield port at Keni (in nearby Ankola Taluk) and the development of Honnavar Port are significant regional projects. Investment Impact: These port developments will boost industrial and economic activity across the Uttara Kannada district. Murdeshwar, as a well-connected town, will experience a spillover effect. This includes increased job opportunities in logistics and allied sectors, leading to a rise in demand for residential and rental properties for the new workforce.

LAND GROWTH STATISTICS IN MURDESHWAR 2025

The land economics of Murdeshwar are strongly influenced by its status as a tourist magnet. While specific historical percentage growth figures are proprietary to real estate firms, the market is characterized by high demand and appreciating values, particularly for prime locations.

  • Tourism-Driven Demand: The real estate market is primarily driven by tourism. Demand is high for land suitable for commercial purposes, especially hotels, lodges, and resorts. The presence of numerous hotels and homestays, from budget to luxury, indicates a vibrant market.

  • Property Price Points: The price of land varies significantly based on its proximity to the main temple complex, beaches, and the national highway.

    • Commercial Land: Commercial plots near the temple and beach area are highly sought-after and command a premium price. Listings show that a 31-guntha (approx. 33,700 sq.ft) commercial plot can be available for around ₹3.10 Cr, reflecting the high commercial value.

    • Residential Plots: Residential plots are also available, with prices ranging from more affordable options (e.g., 1-guntha plot) to larger plots for villas.

    • Beach Property: Land with beach frontage is considered prime real estate and is priced at a premium. Listings show beach property for sale, with prices quoted as ₹150,000 per cent for a 25-acre property, demonstrating high unit value.

    • Agricultural Land: Plots for agricultural or farmhouse use are also available, offering a different investment avenue, with prices varying based on location and potential for conversion. For example, a 10-guntha agricultural plot is available, and larger farmhouses are also listed.

  • Positive Investment Outlook: The land market in Murdeshwar is seen as a solid investment, particularly in properties that can be leveraged for tourism and hospitality. The continuous influx of tourists ensures steady rental income potential and long-term capital appreciation.

  • Influence of External Factors: The town’s economy and real estate are closely tied to external factors, such as the growth of the Konkan Railway and NH-66, which ensures sustained demand. The town’s infrastructure, including reliable water supply and local amenities, contributes to its overall appeal as a place to live or invest.

In conclusion, Murdeshwar’s real estate market is a compelling mix of pilgrimage-led development and coastal tourism. With a strong foundation in a thriving tourist economy and ongoing infrastructure improvements, it offers a high potential for capital appreciation and rental yields, making it an excellent location for investing in the Konkan coast.

HELP US HELP YOU BETTER

NO SPAM - VIEW OUR PRIVACY POLICY TO UNDERSTAND HOW WE HANDLE YOUR INFORMATION