CHANDOR, GOA
- Locations
A major reason for the emerging real estate interest in Chandor is the availability of substantial land parcels, often encompassing old Goan estates or expansive green spaces. These serve as a valuable land bank for bespoke heritage restoration projects, spacious independent villas, and exclusive plotted developments that embrace the village's historical character. While not a bustling commercial hub, Chandor's charm lies in its quiet dignity and proximity to Margao, South Goa's commercial capital, ensuring access to modern amenities and excellent rail connectivity. As governmental initiatives focus on promoting cultural tourism and preserving Goa's rich heritage, Chandor is poised to attract discerning buyers seeking a unique lifestyle investment, fostering a quiet yet discerning real estate market.
GOVERNMENT PROJECTS IN CHANDOR
Tourism Village Development Scheme (Chandor Included)
The Goa Tourism Department has identified Chandor as one of five villages (along with Cotigao, Bandora, Chorao, and Sal) to be developed as "tourism villages" under the Centre's Tourism Village Development Scheme 2021. This scheme, with an approximate cost of ₹2.5 crore, aims to build tourism amenities such as multi-purpose halls, local handicraft stalls, tourist information counters, gazebos, and seating arrangements. This initiative specifically seeks to "showcase rural Goa, traditional art forms, pre-Portuguese heritage, and culture," directly benefiting Chandor by attracting heritage tourists and boosting local economic activity.
Nagpur-Goa Shaktipeeth Expressway (Indirect Connectivity Boost)
While not directly passing through Chandor, the proposed 802 km Nagpur-Goa Shaktipeeth Expressway is a significant future infrastructure project that will dramatically cut travel time between central India and Goa. This enhanced macro-level connectivity will likely increase overall tourism and investment flow into Goa, benefiting regions across the state, including accessible interior locations like Chandor, by making them more attractive for long-term stays and second homes.
Regional Plan for Goa 2021 (RPG-21) - Focus on Heritage & Sustainable Development
Chandor falls under the purview of the Regional Plan for Goa 2021 (RPG-21), which emphasizes sustainable growth and the preservation of eco-zones and heritage landscapes. While the plan has been ongoing for some time, its principles continue to guide development. For Chandor, this means development will likely be sensitive to its historical character and natural surroundings, preventing over-commercialization and preserving the very attributes that make it attractive for high-value, exclusive properties.
Local Infrastructure Upgrades (Roads, Internet Connectivity)
Although not always large-scale "new projects," local panchayats and the Goa government consistently invest in improving internal road networks, drainage, and utility services in villages like Chandor. The availability of internet service providers (e.g., Reliance Jio mobile tower, BSNL broadband) and other essential services signifies ongoing enhancements to local infrastructure, making the village more conducive for modern living while retaining its traditional charm.
Goa Industrial Growth & Investment Promotion Policy 2022 (Niche Tourism & Rural Economy)
This policy highlights potential for agro- and eco-tourism. While Chandor's primary appeal is heritage, its green surroundings and agricultural potential could align with these objectives. Any government support for local, sustainable ventures (e.g., homestays, artisanal produce) would further diversify the local economy and enhance the overall appeal for residents and investors seeking a quieter, more authentic Goan experience.
LAND GROWTH STATISTICS IN CHANDOR 2025
Chandor’s real estate market is niche, driven by its unique historical appeal and tranquil environment. It offers opportunities for larger land parcels and heritage properties, often at a more accessible price point compared to prime coastal areas, with potential for steady long-term appreciation due to its unique value proposition.
Average Property Price (Overall): As of June 2025, the average property price in Chandor is approximately ₹8,750 per sq. ft. (Source: Housing.com). It’s important to note that this is an average, and specific properties, especially heritage homes or prime plots, can command significantly higher prices. MagicBricks also shows a project “Valley Side Modern Twin Villas” in Chandor, indicating modern developments are also coming up.
Price Trend: Housing.com states that for Chandor, “Price trend recommends both buying properties for sale and selling properties in Chandor is profitable at the moment.” This suggests a stable market with potential for growth. While specific percentage increases are not readily available in the search results, the inclusion of Chandor in tourism development schemes and its unique historical status suggest a positive long-term outlook for property values.
Land/Plot Prices (Indicative, as of June 2025): Land is a significant component of the real estate market in Chandor, attracting buyers looking for space and the opportunity to build.
Residential Plots:
Plots for sale range from ₹90 Lakhs to ₹91 Lakhs for areas around 6997 sq. ft. to 10760 sq. ft. This translates to approximately ₹836 to ₹1301 per sq. ft. for these specific listings. This is a very attractive price point for land in Goa, especially for larger parcels.
One residential plot of 10760 sq. ft. is listed for ₹90 Lac (approx. ₹836/sq.ft.)
Another residential land of 6997 sq. ft. is listed for ₹91 Lac (approx. ₹1301/sq.ft.)
Nearby Plots (for comparison): Plots in nearby areas like Guirdolim (351 sqm for ₹38.6 Lac, approx. ₹1022/sq.ft.) and Curtorim (242 sqm for ₹29 Lac, approx. ₹1113/sq.ft.) offer a comparative perspective on land values in the general vicinity.
Villas/Independent Houses (Indicative, as of June 2025):
A 4 BHK house is listed for ₹1.65 Cr (Super Area: 170 sqm, which is approx. 1830 sq.ft., translating to roughly ₹9,010 per sq. ft.). This house is described as a “Charming 4BHK Villa on 800sqm with Fruit Trees & Private Well,” indicating a spacious property with a significant land component.
Another 4 BHK house is listed at the same price and size, suggesting similar types of properties are available.
A 3 BHK apartment in Chandor is listed for ₹70 Lac (Super Area: 124 sqm, approx. 1335 sq.ft., translating to roughly ₹5,243 per sq. ft.).
Investment Appeal:
Heritage Value: Chandor’s historical significance and preserved ancestral homes offer a unique investment niche for those interested in heritage tourism or restoring period properties.
Tranquil Lifestyle: It appeals to buyers seeking a peaceful, green environment away from the tourist bustle, yet with access to modern amenities in Margao.
Affordable Land: Compared to coastal North Goa, Chandor offers more expansive land parcels at relatively affordable per-square-foot rates, providing value for money for large-scale residential projects or private estates.
Emerging Tourism Hub: The government’s focus on developing Chandor as a tourism village will gradually enhance its profile and could lead to increased visitor traffic and related business opportunities (e.g., boutique stays, cultural experiences).
Chandor presents a compelling investment opportunity for those who appreciate history, seek a serene lifestyle, and recognize the long-term potential in a unique, culturally rich corner of South Goa.