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Goa government loses ₹107 crore as TCP gives free FAR to 321 commercial units

PANAJI: Goa has lost Rs 107 crore as the town and country planning (TCP) department gave concessions to commercial establishments by not levying fees for additional floor area ratio (FAR), a Comptroller and Auditor General (CAG) report has said. But the loss shoots up to over Rs 2,000 crore if it is calculated on the rate recommended by the finance department, the audit report said. The TCP department granted 10.7 lakh sqm additional FAR to 321 commercial establishments on their request without levying any fees, while the finance department had directed the TCP to charge Rs 1,000 per sqm on…