Tag: Goa

Latest StoriesResidential

Goa CM: Over 5,000 Applications for Majhe Ghar Scheme

PANAJI: Chief Minister Pramod Sawant announced on Wednesday that over 5,000 applications have been approved under the Majhe Ghar scheme, with approximately 3,000 orders ready for distribution to homeowners. On Thursday, 1,000 orders will be delivered in Margao at Ravindra Bhavan, catering to house owners in South Goa. According to Sawant, more than 95% of houses located on government land are owned by Goans. He reiterated that the state government will not permit the construction of illegal houses by migrants. “My government is against illegal construction in Goa. We have revised the process to prevent such structures,” the CM stated.…

IndustryLatest Stories

Govt Implements Category-Based Land Valuation in Taleigao

Representative Image PANAJI: The revenue department has revamped its land valuation methodology, transitioning from a uniform rate system to a category-based approach. This new system assigns distinct values to various areas within a village, depending on location and available amenities, starting with Taleigao as a pilot project. Previously, the revenue department set a minimum land rate for the entirety of a village. The new approach enables the department to assess individual plot values based on their distance to amenities and services. The department stated that categorizing villages into smaller subdivisions with varying land valuation rates represents a “more practical, rational,…

IndustryLatest Stories

White Flower Developers to Buy 6,000 sq m Land in Goa for ₹65 Cr

Representative image created by AI NEW DELHI: White Flower Developers plans to venture into the Goa real estate market, acquiring 6,000 sq meters of land for ₹65 crore to develop three villa projects in Assagao, Tivim, and Siolim. The Assagao project will consist of five villas with an estimated value of ₹60 crore and a development area of 2,500 sq meters, while the Tivim project will feature eight villas estimated at ₹50 crore. The company is also set to acquire Igreha Vaddo, a 150-year-old Portuguese-style heritage villa in Siolim, covering 1,200 sq meters and valued at ₹20 crore. In total,…

IndustryLatest Stories

ASK CLAF Invests ₹63 Crore in Arpora Villa Project, Goa

NEW DELHI: ASK Curated Luxury Asset Fund I (ASK CLAF I), a real estate investment platform co-sponsored by India Sotheby’s International Realty and ASK Property Fund, plans to invest ₹63 crores to develop a villa project in collaboration with Goa-based Priority Group. The villa development, named Ananda Nilaya, is located in Arpora and will feature 23 villas. The company anticipates generating ₹360 crores in revenue from this project. Spanning 5.12 acres, the development will be designed by the architectural firm Stapati, with landscape design led by Terra Firma. Currently, Priority Group is working on a total of five lakh sq…

IndustryLatest Stories

Fresh 39A plans aim to convert 25,000+ sq meters in Bardez, Pernem

PANAJI: The Town and Country Planning (TCP) department has announced new corrections to the Regional Plan under Section 39A of the TCP Act, proposing to convert over 25,000 sqm of land. These land parcels, located in Bardez, Pernem, Salcete, and Bicholim, are currently designated as natural cover, orchard land, and no-development-slope areas. The latest notification includes nine proposals approved by the TCP board on April 21, which are now open for public objections and suggestions for 30 days. The largest proposal comes from Mumbai’s KGL Realtors Pvt Ltd, seeking to convert 18,733 sqm of land in Salvador do Mundo, Bardez,…

InfrastructureLatest Stories

Goa to Designate 82 Lakh Sq Meters as No-Development Zones

Representative image PANAJI: The Town and Country Planning (TCP) department has begun a significant initiative to designate over 82.8 lakh square meters of land in Goa as non-developable areas. This action marks the largest preservation effort in recent years aimed at safeguarding ecologically sensitive and fragile lands from future development. A new notification issued under Section 39A of the Goa Town and Country Planning Act outlines the conversion of extensive parcels in Salcete, Mormugao, Sattari, and Pernem into “non-developable area” classifications. The TCP board approved these proposals on May 4, and there will be a 30-day period for public input…

IndustryLatest Stories

Goa Construction Permits Granted on ‘Need-Based’ Basis: Minister

PANAJI: Following recent steps to freeze land in eco-sensitive areas, including riverbanks, the Goa government has opted to permit construction in developable areas on a “need-based” basis. During a press briefing in Panaji on Saturday, Goa’s Town and Country Planning (TCP) Minister, Vishwajit Rane, highlighted the state’s limited developable land due to ecological concerns. “Construction in no-development zones, as identified by the TCP and forest departments, will not be permitted,” he stated. Rane emphasized that future development permits would be based strictly on necessity. “Only after careful assessment will approvals be granted on a need-based basis. We will not allow…

InfrastructureLatest Stories

Goa plans to label 28.4 lakh sq meters as ‘non-developable’

Representative AI image PANAJI: In a notable shift from recent practices, the Town and Country Planning (TCP) department has proposed classifying large contiguous land parcels as non-developable under Section 39A of the Town and Country Planning Act, while still keeping the land within settlement zones according to the Regional Plan 2021. This notification, approved by TCP Minister Vishwajit Rane during a meeting on April 21, addresses three significant land parcels totaling over 2.84 million square meters in Bardez and Pernem, inviting public objections. The largest parcel, located in Ozorim (Pernem), encompasses 1.52 million square meters, featuring orchards, natural areas, paddy…

CommercialLatest Stories

Villagers Reject Multi-Dwelling Units at Loliem

CANACONA: The Loliem-Polem gram sabha voted unanimously on Sunday against the construction of multi-dwelling units, including residential complexes, commercial blocks, hotels, and other large projects. Residents expressed their concerns following an application from a Mapusa-based real estate company seeking a license to build 36 villas and a swimming pool behind S S Angle higher secondary school at Dapot. In response, the gram sabha urged the panchayat to contact the deputy town planner and district deputy collector to ensure the resolution is implemented. Villagers emphasized the need for the panchayat to enforce their demands and, if necessary, appeal to the highest…

InfrastructureLatest Stories

Margao, Mormugao ODPs to Transform into Master Plans

PANAJI: The Town and Country Planning Department will transform the current outline development plans (ODPs) for Margao and Mormugao into comprehensive GIS-based masterplans as part of the Centre’s Amrut 2.0 initiative. This effort will digitally map both cities, integrating data-driven blueprints that encompass land use, infrastructure, transportation, housing, and employment. The initiative is part of a sub-scheme under Amrut 2.0, aimed specifically at Class II towns with populations ranging from 50,000 to 99,999. Fully funded by the Ministry of Housing and Urban Affairs, this scheme focuses on towns that were excluded from the original Amrut mission launched in 2015, which…