Tag: FAR in Goa

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Bombay HC: Higher FAR Approvals Await Case Outcome

Sure, here’s a rewritten version of the content: PANAJI: On Wednesday, the Bombay High Court indicated that all approvals for additional Floor Area Ratio (FAR) and height granted by the Town and Country Planning (TCP) would hinge on the resolutions of ongoing petitions before the court. The court instructed that the TCP board must include a clause in these approvals, emphasizing that the applications would be contingent upon the outcomes of the petitions. Final hearings for these petitions, which challenge the amendments to the Goa Land Development and Building Construction Regulations from August 2023, have been scheduled for June 15.…

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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…