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Goa Cabinet Approves NBCC Sale of 1.5 Lakh Sq M of Land

PANAJI: The National Building Construction Corporation (NBCC) (India) Ltd has received approval to sell over 1.5 lakh sqm of built-up area in a prime location, primarily in Panaji, owned by the government of Goa. This amounts to more than double the built-up area assigned for the construction and redevelopment of seven projects undertaken by NBCC, which will include hotels, apartments, and office spaces for sale. The total area for these projects exceeds 77,000 sqm, with a built-up area of over 2.1 lakh sqm. The government will retain more than 62,000 sqm of built-up area, while the saleable area stands at…