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KANKAWALI, MAHARASHTRA

- Locations

Kankawli, strategically located in the heart of Sindhudurg district, stands out as a rapidly developing town that beautifully blends the tranquility of the Konkan landscape with the conveniences of urban infrastructure. It serves as a vital economic and administrative hub, making it a hot spot for homebuyers and investors seeking a balanced lifestyle with promising growth prospects. With substantial land available in and around Kankawli, it offers a valuable land bank for both residential and commercial development. The town's central position, coupled with significant government investments in connectivity, healthcare, and tourism, is set to create a multitude of job opportunities and business avenues, solidifying Kankawli's status as a burgeoning city in the vibrant Konkan region.

GOVERNMENT PROJECTS IN KANKAWLI

Sindhudurg Chipi Airport (SDW) - Enhanced Air Connectivity

Located approximately 30-40 km from Kankawli, the operational Sindhudurg Chipi Airport is a major game-changer for the entire district. It has dramatically improved air accessibility, making Kankawli easily reachable from major Indian cities like Mumbai and Delhi. This enhanced connectivity is a significant boon for tourism, business travel, and general accessibility, leading to increased demand for accommodation, services, and real estate in Kankawli. The airport's growing operations are a key catalyst for the region's overall economic upliftment.

Government Medical College and 500-Bedded Hospital

A significant healthcare infrastructure project is underway in Kankawli: the construction of a Government Medical College for 100 admissions and a 500-bedded modern tertiary level patient care hospital. This massive project, with a tender value of over ₹315 crore, is a major boost to Kankawli's social infrastructure. It will not only provide advanced medical facilities to the entire Sindhudurg district but also generate a large number of direct and indirect employment opportunities for medical professionals, administrative staff, and support services, driving demand for residential properties and local businesses.

Mumbai-Goa Highway (NH-66) Widening & Bypass

Kankawli is directly on the path of the ongoing four-laning and modernization of the Mumbai-Goa Highway (NH-66). This critical infrastructure upgrade is nearing completion in many sections by late 2025 or early 2026, significantly reducing travel times and improving logistics. Importantly, a proposed 3.0 km flyover through Kankawli city aims to alleviate traffic congestion and manage the impact of the wider highway on the bustling market area. Improved highway access enhances Kankawli's appeal for commercial establishments, logistics centers, and residential development, solidifying its role as a regional trade hub.

Nardave Medium Irrigation Project

The Nardave Medium Irrigation Project, located within Kankawli Taluka, is a crucial initiative for agricultural development and water security. This project aims to bring more land under irrigation, boosting agricultural productivity and supporting the local farming community. While an older project, ongoing resettlement processes and maintenance indicate its continued importance. Water availability is a critical factor for land value, especially for agricultural and large land parcels, making this a long-term asset for the region.

Focus on Tourism Development (Agri-Tourism & Eco-Tourism

Kankawli, being centrally located in Sindhudurg, benefits from the district's strong push for tourism. Initiatives are focused on developing eco-tourism, agri-tourism, and rural tourism. Kankawli itself is known for attractions like the Gopuri Ashram and Savdav waterfall. The government is providing financial incentives and promoting various tourism avenues, moving beyond just beach tourism. This diversification creates opportunities for homestays, farm stays, and small hospitality ventures, enhancing Kankawli's economy and attracting investors interested in the leisure and hospitality sector. The proposed BCCI Cricket Stadium near Vengurla (Sindhudurg) and the potential for a Taj resort in Shiroda (near Vengurla) further underscore the district's long-term tourism vision, with Kankawli acting as a central base for visitors.

LAND GROWTH STATISTICS IN KANKAWLI 2025

Kankawli’s strategic location, good connectivity, and ongoing infrastructure projects have positioned it for steady and significant real estate appreciation. It is considered a more stable and established market compared to smaller, more speculative villages.

  • Average Property Rates (Residential): As of June 2025, the average price for residential properties (including apartments) in Kankawli is approximately ₹4,373 per sq. ft. This represents a notable +18.25% Year-on-Year (Y-o-Y) increase, indicating strong growth. The price range for residential properties typically falls between ₹3,928 – ₹4,635 per sq. ft.

    • Specific localities like Bidayewadi show an average of ₹4,230 per sq. ft., while Shivajinagar is around ₹3,928 per sq. ft.

  • Residential Plot Prices: Residential plots are a dominant and attractive segment in Kankawli’s real estate market.

    • Rough estimates for plots in Kankawli suggest an average price of around ₹1,600 per sq. ft., with some data showing a range from ₹264 to ₹4,635 per sq. ft., highlighting the wide variation based on location (road touch, highway proximity, views), size, and development potential.

    • Specific listings (June 2025) show prices ranging from:

      • ₹230 per sq. ft. for a 9801 sq. ft. plot in Kalmath, Kankavli.

      • ₹367-₹400 per sq. ft. for plots around 9000-9800 sq. ft. near the Mumbai-Goa Highway.

      • Higher-value plots (e.g., a 144,800 sq. ft. plot listed at ₹2.99 Crore, equating to roughly ₹206 per sq. ft.) are also available, showcasing the potential for large land bank acquisitions.

      • Plots for sale range from ₹6.2 Lakh for small NA plots to ₹7 Crore for large highway-touch land parcels.

  • Property Type Distribution: Approximately 35% of properties for sale in Kankawli are residential plots, indicating high demand and availability in this segment.

  • Investment Return: Buying a residential plot in Kankawli, Sindhudurg is considered a good investment due to good infrastructure and a better appreciation rate compared to other property options, guaranteeing higher returns in the future.

  • Connectivity Impact: Kankawli’s location on the Mumbai-Goa Highway and the Konkan Railway route, coupled with the Chipi Airport proximity, significantly contributes to its real estate value, attracting investment for both residential and commercial purposes.

Kankawli, with its growing infrastructure, strong connectivity, and pivotal role in Sindhudurg’s development, presents a compelling opportunity for those looking for a strategic and appreciating real estate investment in the Konkan region.

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