Mangeshi, North Goa

About

A general look at Mangeshi in North Goa, even though specific detailed information about this area might be limited, offers valuable insights into the real estate market in North Goa and surrounding localities.

Location and Accessibility

You will find Mangeshi in the Ponda taluka of North Goa, an area noted for its rich history and culture, with its famous Mangeshi Temple. It's somewhat inland but close enough to North Goa's beautiful coastal areas.

Property Types and Prices

  • Residential Choices: In North Goa, especially around Mangeshi, you can discover many types of homes like villas, apartments, standalone houses, and plots. Here's a rough idea of the cost:
    • Villas: Cost anywhere from ₹55 Lakhs to ₹18 Crores, with a typical price around ₹24,001 per square foot.
    • Apartments: Prices vary, but a 3 BHK apartment ranges from ₹14 Lakhs to ₹12 Crores, at roughly ₹11,256 per square foot.
    • Standalone Houses: They can range from ₹90 Lakhs to ₹25 Crores, costing about ₹17,215 per square foot.
  • Land and Plots: Those looking to buy land can expect prices between ₹8 Lakhs to ₹5.4 Crores, with an average cost of ₹2,956 per square foot.

Amenities and Facilities

  • Local Features: Mangeshi has its cultural and historical significance. Yet, for the latest amenities, people often head to neighboring towns such as Ponda or Panaji.
  • Facilities: Although the area is growing, schools, hospitals, and shopping centers are more conveniently located in nearby cities.

Market Trends

  • Property Value Growth: There's been a major jump in property values in North Goa, with villas in high-end areas seeing a 28% increase yearly in average capital values.
  • Demand Trends: Many are keen on gated villas near the coastal belt, though areas like Mangeshi provide cheaper long-term investment potential.

Rental Market

  • Mangeshi might not have many rental listings, but North Goa offers quite a selection, from 1 BHK units to larger homes. Rentals often include modern features like gyms, swimming pools, and round-the-clock security.

Final Thoughts from PropertyWala

Mangeshi in North Goa combines cultural richness with promising real estate opportunities. While it's not as immediately amenity-rich as coastal places, it gives a budget-friendly start in North Goa's real estate. For those wanting a quieter life close to history, Mangeshi stands out. Remember, though, to explore and research to grasp the area's unique benefits and challenges.

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Locality ID
A513111270
PinCode
403204