Tag: Mauvin Godinho

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Goa to Convert Industrial Land from Lease to Freehold

Representative AI image PANAJI: The Goa Industrial Development Corporation (Goa-IDC) is planning significant reforms to enable the conversion of industrial land from leasehold to outright ownership. At a board meeting on Friday, the Goa-IDC also considered simplifying rules regarding the transfer, sublease, subdivision, and amalgamation of industrial plots. The proposed amendments are part of the Centre’s Compliance Reduction and Deregulation Initiative under the Viksit Bharat 2047 agenda. Phase II of this initiative identified industrial land use as a priority area, recommending a more liberal approach to leasehold-to-freehold conversions and replacing prior approval requirements with a simpler notification process for transfers…

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Goa: GIDC Allocates Three Plots for New IT Park

Representative image PANAJI: The Goa Industrial Development Corporation (GIDC) has allocated three out of the six large plots at the upcoming Hello World Innovation & Research Park located in the Verna industrial estate. Spanning approximately 4 lakh sqm at the end of Phase IV of the Verna Industrial Estate, this facility is anticipated to create between 20,000 to 30,000 jobs, according to Industries Minister Mauvin Godinho. “Hello World is a prestigious project initiated by GIDC at Verna, dubbed the Innovation Hub or R&D Hub and IT Hub. Of the six large plots available, three have already been secured by a…

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Goa GIDC Drafts New Bylaws to Enhance Industrial Space

PANAJI: The Goa Industrial Development Corporation (GIDC) is working on establishing specific construction regulations for industrial units to streamline the process of obtaining permissions for industrial sheds. These new building bylaws aim to optimize the built-up area available for manufacturing units in industrial estates. This policy is crucial as Goa is quickly depleting its industrial land. GIDC intends to maximize land utilization for industrial purposes, particularly since many manufacturing units are unable to expand vertically due to the use of heavy machinery. “We plan to introduce our own building bylaws in industrial estates to simplify regulations and maximize the area…

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Goa CM: New Law to Curb Illegal Home Construction Soon

PORVORIM: Chief Minister Pramod Sawant announced in the assembly on Wednesday that the government will soon introduce legislation to prevent further illegal house constructions. He stated that the state would reopen applications under the current act, allowing locals to legalize their homes built on their own land. In light of a high court ruling on illegal constructions, Sawant emphasized that local authorities have been instructed to take action solely against buildings on land designated for national highways, state highways, or major district roads. He clarified that the court’s ruling on illegal structures pertains only to those specific cases. The Chief…