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ANJUNA, GOA

- Locations

Anjuna, globally renowned for its iconic Flea Market, pulsating nightlife, and a free-spirited, bohemian vibe, stands as a vibrant hotspot for homebuyers and investors drawn to its unique blend of cultural heritage and contemporary luxury. Having evolved from a quiet fishing village into a world-famous destination, Anjuna boasts a distinctive charm with its rocky shores, swaying palms, and a legendary social scene. Its reputation for alternative culture and eclectic offerings continues to attract a diverse international and domestic clientele.

A major reason for the booming real estate market in Anjuna is the availability of well-located land parcels, often amidst lush greenery or with proximity to the coastline. These serve as a valuable land bank for high-end residential developments, including private villas, luxury apartments, and boutique hospitality ventures. Crucially, the strategic location in North Goa, coupled with excellent connectivity (significantly enhanced by the new Manohar International Airport at Mopa), and a continuous influx of tourists, artists, and expatriates, are bringing even more dynamic job opportunities and diverse business options to residents in this expanding and perpetually evolving Goan hub. The demand for both permanent residences and lucrative holiday rentals remains exceptionally high, making Anjuna a prime investment destination.

GOVERNMENT PROJECTS IN ANJUNA

Manohar International Airport (Mopa) & Improved Connectivity

The operational Mopa Airport, located within reasonable driving distance from Anjuna, has revolutionized access to North Goa. This state-of-the-art facility, handling increasing passenger traffic, has significantly boosted tourism and made it easier for domestic and international buyers to access properties in Anjuna. This improved connectivity is a major driver for the real estate market, increasing demand for luxury villas and high-yield rental properties.

Taj Anjuna Goa 5-Star Resort Project

The Goa Tourism Development Corporation (GTDC) recently laid the foundation stone for a new Taj Anjuna Goa 5-star resort. Developed in collaboration with Myrayash SPV of Bharat Realty Venture and supported by IHCL, this 161-room resort with a banquet hall is expected to be completed by March 2027. This significant private-public partnership project will not only enhance local tourism infrastructure and attract high-spending visitors but also create over 400 direct jobs, stimulating the local economy and boosting property values in the vicinity.

Government Focus on "Goa Beyond Beaches" & Regenerative Tourism

The Goa government is actively promoting a shift towards "regenerative tourism," emphasizing cultural experiences, wellness, and sustainable practices. Anjuna, with its unique cultural identity (Flea Market, music scene) and natural beauty, fits perfectly into this vision. Policies like the "Homestay and Bed & Breakfast Policy" indirectly support property owners looking to capitalize on the tourism market by offering legal frameworks for rental income, aligning with Anjuna's robust short-term rental demand.

Coastal Regulation Zone (CRZ) Enforcement & Sustainable Development

While not a new "project," the ongoing and increasingly stringent enforcement of CRZ norms plays a vital role in Anjuna. These regulations help prevent haphazard construction along the coastline, preserving the natural charm and ecological balance of the beaches. For investors, this ensures that Anjuna's inherent beauty and low-density appeal are maintained long-term, protecting the premium value of properties and the quality of the environment.

Ongoing Road Infrastructure Development in North Goa

Continuous efforts by the Goa State Infrastructure Development Corporation (GSIDC) and other bodies focus on improving internal road networks, drainage, and other civic amenities across North Goa. While specific large-scale road projects might be in nearby arterial routes, these continuous upgrades ensure seamless connectivity to Anjuna from Mapusa, Panaji, and other popular areas, supporting the increasing footfall of tourists and residents and enhancing overall liveability.

LAND GROWTH STATISTICS IN ANJUNA 2025

Anjuna is a highly premium and dynamic real estate market in North Goa, characterized by significant demand for luxury properties and robust price appreciation, particularly in the villa and high-end apartment segments.

  • Average Property Price (Overall): As of June 2025, the average property price in Anjuna is approximately ₹17,519 per sq. ft. (Source: Housing.com). Some reports indicate an average price as high as ₹25,557 per sq. ft. (CreditDharma, Jan 2025), underscoring its premium status.

  • Year-on-Year Growth: The real estate market in Anjuna has shown strong long-term appreciation, though some specific Y-o-Y figures can fluctuate based on inventory. Housing.com reports a -10.18% Y-o-Y fall and a 17.91% fall in the last year in average price/sq.ft. However, this data often reflects shifts in the types of properties listed (e.g., more affordable apartments entering the market, skewing the average, or a temporary supply surge). Market experts generally suggest that prime areas in North Goa, including Anjuna, have seen annual price appreciation between 15% to 30% in recent years, driven by high demand for luxury second homes and holiday rentals. The long-term trend remains upward.

  • Luxury Villa and Plot Prices (Indicative, as of June 2025): Anjuna is a prime destination for luxury villas and high-end apartments.

    • Villas: Prices for luxury villas are significant, reflecting exclusivity and location:

      • 4 BHK villas are listed from ₹5.9 Cr to ₹6.5 Cr (for 2351-2523 sq.ft., approx. ₹25,430 per sq. ft.).

      • Other 3 BHK villas can range from ₹4.11 Cr (for 5250 sq.ft., approx. ₹7,830 per sq. ft.) to ₹7 Cr (for 3013 sq.ft., approx. ₹23,232 per sq. ft.).

      • Ultra-luxury options can go much higher, with some villas listed for ₹8.5 Cr (for 3750 sq.ft., approx. ₹22,666 per sq. ft.).

    • Apartments: Luxury apartments are also in high demand:

      • 1 BHK flats are available around ₹36.43 L (for 603 sq.ft., approx. ₹6,040 per sq. ft.).

      • 2 BHK flats range from ₹86 L – ₹87.47 L (for 1173-1193 sq.ft., approx. ₹7,330 per sq. ft.).

      • Higher-end 2.5 BHK flats can be ₹2.93 Cr (for 2350 sq.ft., approx. ₹12,468 per sq. ft.).

    • Plots/Land: Premium plots in Anjuna are highly sought after.

      • Residential plots are available in the price range of ₹5.06 Cr – ₹10.30 Cr.

      • The average price for residential land/plots is around ₹7.88 Cr, with a median of ₹8.50 Cr.

      • Specific listings include a 10,760 sq.ft plot for ₹6.10 Cr (approx. ₹5,667 per sq. ft.) and a 4,844 sq.ft plot for ₹4.50 Cr (approx. ₹9,290 per sq. ft.).

      • Very large parcels near Anjuna (e.g., 968,751 sq. ft.) are listed for ₹550 Cr, indicating massive potential for large-scale development.

  • Rental Yields & Market Composition:

    • Anjuna has a high demand for short-term rentals, with a strong preference for entire homes/apartments (74.5% of listings).

    • The Average Daily Rate (ADR) for Airbnb listings is $144 (approx. ₹12,000).

    • The Median Annual Revenue for an Airbnb listing is approximately $9,112 (approx. ₹7.5 Lakh). Top 10% properties can generate over $1,783 monthly (approx. ₹1.48 Lakh).

    • Rental yields for residential properties in Goa, particularly in prime coastal belts like Anjuna, are estimated to be between 5-8% annually, with some well-managed luxury villas achieving higher gross yields of 10-12% per annum for investors.

    • The dominant guest capacity is for 8+ guests (22.8%) and 2 guests, indicating demand for both large group and couple accommodations.

Anjuna’s enduring popularity, unique cultural vibrancy, strategic location in North Goa, and continuous infrastructure enhancements make it a compelling destination for both lifestyle buyers and investors seeking strong returns in the high-end real estate market.

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