Tag: Verna

IndustryLatest Stories

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…

IndustryLatest Stories

Isprava Buys 2 Acres in South Goa for Luxury Homes

Representative image MUMBAI: Luxury second-home developer Isprava has acquired over 2 acres in Verna, South Goa, with plans to invest approximately ₹85 crore in an ultra-luxury residential project, responding to the growing demand for low-density holiday homes beyond North Goa. The Mumbai-based firm, backed by notable investors including Dabur’s Burman family, Nadir Godrej, and Anand Piramal’s family offices, aims to create a limited number of residences on the newly acquired land through its investment vehicles. The planned investment includes costs for both land acquisition and development. “The timing to enter South Goa is ideal. North Goa has matured significantly over…