IndustryLatest Stories

Goa to Profit from Sale of Comunidade, Housing Board Land

Representative AI image PANAJI: In response to revenue losses from the sale of plots by comunidades and the Goa Housing Board (GHB), the state government has mandated that comunidades execute conveyance deeds at 50% below the minimum land rates and collect stamp duty based on GHB-determined rates. According to under secretary (revenue-I) Vrushika Kauthankar, “For comunidade land, the minimum land values for areas up to 400sqm in S1 to S4 zones will see a 50% reduction.” Revenue Minister Atanasio ‘Babush’ Monserrate stated that comunidades collect ‘foro’ for plots allotted to beneficiaries over 20 years, generating no revenue for the government.…

InfrastructureLatest Stories

Goa ODPs Land to Receive Zoning Certificates from TCP

Representative AI image PANAJI: In a move that will ease concerns for those who transformed their land under outline development plans (ODPs), the town and country planning (TCP) department has resolved to issue zoning certificates for parcels designated as settlements in the Calangute-Candolim and Arpora-Nagoa-Parra ODPs, provided they are categorized as settlements in the Regional Plan 2021. In July 2025, the Supreme Court did not grant the TCP department’s request for a stay on a high court ruling regarding the ODPs for Calangute-Candolim and Arpora-Nagoa-Parra. The high court had nullified the government’s ODPs for five villages in June, mandating adherence…

IndustryLatest Stories

Alta Capital Invests $100M in Isprava’s Luxury Homes

Representative AI image The Isprava Group, a key player in Goa’s luxury real estate market, is nearing a significant Rs 850-crore ($100 million) investment from Alta Capital, marking the largest fundraising effort in the company’s nine-year history, according to sources familiar with the deal. This investment, encompassing both primary and secondary shares, aims to facilitate the company’s expansion in coveted vacation spots like Goa, Alibaug, Karjat, and Kasauli. It will also enable Isprava to introduce international offerings for its affluent clientele and provide exits to some previous high-net-worth investors. Once finalized in the coming weeks, Alta Capital will ascend to…

IndustryLatest Stories

Register Sale Deeds at Any Taluka Office Soon: Goa CM

PANAJI: Citizens will soon have the option to register their sale deeds at any of the 12 sub-registrar offices across the state. This move, as announced by Chief Minister Pramod Sawant, aims to eliminate the restriction of registering land only in the region where it is located. Sawant further stated that the processes for marriage and land registrations will be streamlined in the next 10 days based on directives given to officials. “Today, I convened a meeting with registrars, sub-registrars, and directors as law minister. We discussed various issues related to the National Informatics Centre (NIC) and the Info Tech…

InfrastructureLatest Stories

TCP to Notify on Plans Over 20,000 sq meters: Goa-SEIAA

Representative Image PANAJI: The Goa State Environment Impact Assessment Authority (Goa-SEIAA) has mandated that the Town and Country Planning (TCP) department and the planning and development authorities of North and South Goa must notify the Goa-SEIAA after approving any building plan with a built-up area exceeding 20,000 sqm. This measure aims to facilitate the verification of necessary environmental clearances, as discussed in a recent meeting. The Goa-SEIAA has also stipulated that it must inform the TCP department and the relevant PDA upon the approval of any project exceeding 20,000 sqm in built-up area. This issue came to light during an…

IndustryLatest Stories

South Goa Collector Enforces Tenant Verification Rules

Representative AI image MARGAO: The district magistrate of South Goa, Egna Cleetus, has issued an order mandating that all landlords, hotels, and accommodation providers verify the identities of their tenants and report these details to local police. This order, which takes effect on November 5, is in accordance with section 163 of the Bharatiya Nagarik Suraksha Sanhita, 2023. It requires verification via government-issued IDs such as Aadhaar cards, passports, and driving licenses, and applies to all types of accommodation including residential properties, hotels, guesthouses, beach shacks, and paying guest facilities throughout the South Goa district. In addition, nationalized banks are…

IndustryLatest Stories

Goa Housing Board Approves Legal and IT Departments

PANAJI: The Goa state cabinet has recently approved the establishment of a legal and IT cell within the Goa Housing Board (GHB), which will add 11 new positions to the board. The GHB is a statutory entity created under the Goa, Daman and Diu Housing Board Act of 1968. Its primary goal is to provide affordable housing to the Goan population. In addition, the board implements commercial projects and allocates land to organizations, operating as a self-sustaining body without government grants or assistance. During its meeting, the board authorized the formation of both a legal cell and an IT cell.…

Latest StoriesResidential

Goa: Affordable Housing for Gaonkars on 20% Community Land

PANAJI: According to new rules announced by the government on Friday, comunidades can develop their land in partnership with developers, reserving 20% of this development for affordable housing specifically for gaonkars. The comunidades are required to invite bids from developers for land development in proportions determined by their managing committee. “The proportions decided by the comunidade’s managing committee will indicate the area of plots to be developed, including amenity plots which are part of the comunidade share. Of this, 20% must be allocated for affordable housing for gaonkars, after accounting for areas utilized for facility infrastructure. Post-development, the remaining plots…

Latest StoriesRegulatory

Bombay HC Denies Builder’s Request on Single Judge Hearing

PANAJI: The Bombay High Court has dismissed objections from a builder concerning a single judge’s hearing of a petition by green activist Avertino Miranda regarding unlawful construction in an open area in Porvorim. Miranda challenged the decision of Bardez’s town planner, who retracted its own show cause notices issued to the builder. The High Court affirmed that a single judge could review Miranda’s petition and extended the stay originally granted in December against any further development or construction of the commercial building. Miranda, the owner of a plot in Socorro, argued that the property was subdivided into smaller plots, designating…

InfrastructureLatest Stories

Goa’s Residential Complexes with 24+ Units Must Have STPs

Representative Image PANAJI: The Goa State Pollution Control Board (GSPCB) has mandated that any residential complex with 24 or more flats must be equipped with a Sewage Treatment Plant (STP). According to the Goa Land Development and Buildings Regulations, 2010, complexes with 50 or more flats are required to have an STP only if they’re not connected to existing sewerage lines. The GSPCB’s decision comes after a comprehensive study on the volume of waste generated by housing complexes. Builders are now required to maintain the STP for three years or until the complex is formally transferred to the housing society.…