NCP guns for Parrikar over rise in infrastructure tax

  • Published in Real Estate

PANAJI: The Nationalist Congress Party ( NCP) lashed out at the state government for increasing the infrastructure tax which it said has made housing unaffordable for Goans.

NCP's chief spokesperson Trajano D'Mello said, "The infrastructure tax raised for residential building of 101sq m and above has seen a jump of 100%, increasing it from 100 to 200. Whereas the same for commercial buildings have been raised from 250 to 800."

He said, "Since the cost of land is high and unaffordable, Goans are unable to buy land and build a house. Instead, they are left with no other option than to go for flats but that too is now beyond their means." He blamed the Manohar Parrikar government for costly housing.

He added, "The cost of material for construction has gone up by over 75% and sand that was available at 600 per cubic metre before now costs 1,200. The government for the first time has imposed taxes on structures for agriculture purpose at the rate of 25% of the rate applicable to residential buildings. Agriculture based industrial buildings including agro tourism structure will be charged of the infrastructure tax of 50% of the rate applicable to Industrial buildings."

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