Goa government revises minimum property valuation rates

The Goa Revenue Department has issued a notification introducing revised minimum property valuation rates for the 2026-27 financial year. The new benchmarks apply to five talukas: Pernem, Bardez, Tiswadi, Salcete, and Mormugao.

Panaji, Bambolim, Assagao, Anjuna, Candolim, and Calangute have been assigned the highest base rate of Rs 25,000 per square metre. Other notable valuations include Rs 20,000 per square metre in Margao and Reis Magos, Rs 18,000 in Mapusa and Siolim, and Rs 15,000 in Vasco.

These rates serve as minimum benchmarks for calculating stamp duty and registration charges. The final valuation will depend on specific factors such as plot size, zoning classification, and land use. For instance, plots up to 500 square metres in certain zones may receive a 30 percent reduction, while agricultural tenanted land is valued at 20 percent of the prescribed minimum.