Overview of Chicalim, Goa from a Real Estate Perspective

Location and Connectivity

• Chicalim is situated in Central Goa. It provides access to the best parts of both North and South Goa.
• Its excellent connectivity features the National Highway 66, only a 10-minute drive away. This highway links Panvel in Maharashtra to Kanyakumari in Tamil Nadu.
• The Goa International Airport is just 3.5 km from Chicalim, making it convenient and easily reachable.

Infrastructure and Amenities

• Chicalim offers superb social infrastructure with job hubs, healthcare facilities, educational institutions, and entertainment centers nearby.
• The area has a variety of real estate projects which offer facilities such as found in the Provident Adora De Goa township, including a one-acre water zone with multiple pools, a sunken bar, a lazy river, and other recreational amenities.

Property Prices and Trends

• Properties in Chicalim start at Rs. 4,090 per sqft and the average price is Rs. 9,241 per sqft.
• Prices range from Rs. 5,483 to Rs. 17,857 per sqft.
• Property rates in Chicalim saw a promising 16.89% increase over the past year, marking a positive growth trend.

Types of Properties Available

• There are several property types available in Chicalim, including apartments and independent houses.
  • Apartments: Options include 1 BHK, 2 BHK, and 3 BHK configurations. Projects like Provident Adora De Goa offer diverse residence categories, such as Park Residences, Balinese Residences, East Pointe Residences, and West Pointe Residences.
  • Independent Houses: These are also available, with choices ranging from ready-to-move-in furnished apartments to other independent options.

Rental Market

• Rental prices for all property types aren’t fully detailed, yet a 2 BHK flat rents for around ₹22,000 per month.

Investment and Market Demand

• Chicalim is popular among buyers and investors due to its strategic location and excellent connectivity.
• The area is seeing substantial real estate development making it a lucrative option for end-users and investors alike.

PropertyWala's Conclusion

We can conclude that Chicalim, Goa, poses a compelling choice for those seeking property to buy or rent. Its central location, excellent connectivity, and robust social infrastructure provide a balanced mix of convenience and quality of life. The positive growth in property prices and the diversity of available properties make it appealing to both investors and end-users. If you are looking for a residential home or an investment opportunity, Chicalim is definitely worth considering.