Tag: Margao Municipal Council

Latest StoriesResidential

NAKSHA Phase Two Starts in Panaji & Margao; Title Papers Needed

Representative AI image MARGAO: The Directorate of Settlement and Land Records (DSLR) has announced the commencement of the second phase of the NAKSHA pilot project, which focuses on land inquiry proceedings in Panaji and Margao to confirm property ownership. Notices have been distributed in the jurisdictions of the Corporation of the City of Panaji (CCP), Margao Municipal Council, and Cuncolim Municipal Council, including peri-urban Tiswadi. Property owners have been requested to present their title documents to the inquiry officers. This follows the completion of ground-truthing to verify property boundaries from the first phase. Frederick Gonsalves, inspector of survey and land…

Latest StoriesRegulatory

Consumer Commission Orders Aditya Builders to Finalize Sale Deed

PANAJI: The North Goa District Consumer Dispute Redressal Commission has instructed a construction firm to execute a deed of sale within two months for a flat bought by a couple from Margao in 2004, for which they paid the full price. If the construction firm fails to adhere to this order within the specified timeframe, the consumers have the right to get the sale executed through the commission. According to the law, the firm was obliged to register the sale deed within 18 months after the building’s construction, but it did not do so. This prompted the complainants, Santosh Joshi…

Latest StoriesResidential

Margao House Tax Soars 300% with New Council Method

MARGAO: The Margao Municipal Council (MMC) has introduced a new capital value method for calculating house taxes, resulting in over a 300% hike for new residential and commercial properties. The transition to this new formula was prompted by a directive from the Directorate of Municipal Administration and formalized through a council resolution on January 3, according to MMC sources. This method significantly increases the tax burden on new property owners. For instance, the annual house tax for a 100sqm residential flat has surged from Rs 2,000 under the previous system to Rs 6,600 under the new capital value method—marking a…