Goa Govt Loses ₹107 Crore as TCP Grants Free FAR to 321 Units
PANAJI: According to a report by the Comptroller and Auditor General (CAG), Goa has incurred a loss of ₹107 crore due to the town and country planning (TCP) department granting concessions to commercial entities by not imposing fees for additional floor area ratio (FAR). If calculated based on the finance department’s recommended rates, this loss could exceed ₹2,000 crore. The TCP department allowed 10.7 lakh square meters of additional FAR to 321 commercial establishments upon request without charging any fees. In contrast, the finance department had instructed the TCP to impose a fee of ₹1,000 per square meter for the…