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Real Estate

Pay more for housing too

PANAJI: Housing in Goa, which is already out of the reach of most Goans, just got even more expensive as the government on Tuesday notified the Goa Tax on Infrastructure (First Amendment) Bill 2013. It allows the state to collect infrastructure tax up to 25,000 for residential units. As per the notification, around 20% to 30% of the area of a building currently not covered under the floor area, as per the definition of floor area in the Goa Land Development Building Construction Regulation, 2010, is covered under the Act.

Hurt real estate sector reeling under sand bans

MARGAO: The construction industry in Goa is reeling under a double whammy-an economic slowdown-infused buyer's market and a debilitating shortage of construction material, especially sand.

PANAJI: The fire and emergency services director, Mr Ashok Menon has said the buildings which have ground plus six floors are all equipped with inbuilt fire protection equipment.

Govt introduces bill to hike infrastructure tax

Porvorim: The Goa Tax on Infrastructure (first amendment), Bill 2013 introduced in the Goa assembly on Monday seeks to hike the infrastructure tax for residential and commercial units. Additional areas are also proposed to be included in the definition of "built up area". The Act provides for levy of infrastructure as per the floor area of the building.

PANAJI: The Town and Country Planning (TCP) department, for the first time, has started collecting processing fees, which vary between 200 and 50,000, from applicants seeking technical clearances for various development projects.

Govt specifies fees for land conversion

PORVORIM: The state government on Thursday brought in an amendment bill to effect changes in the Goa Land Revenue Code 1968 to specify fees for conversion of land from one purpose to another. The fees will depend on the location of the land. The amendment also proposes a fine if mining rejects or other such material is dumped on a plot without permission.

MARGAO: The South Goa consumer disputes redressal forum (SGCDRF) has, in an order passed recently, directed Narendra Kerkar, a builder, to pay compensation of 1.30 lakh to Satyawati Usgaonkar from Margao, towards compensation for not giving possession of the flat booked by Usgaonkar.

PANAJI: Chief town planner of Goa S T Puttaraju said that the government is in the process of procuring Auto DCR, a portal designed to scrutinize any building plans to check for compliance with all the existing regulations.

'Natural cover' contested by some

PANAJI: The inclusion of some areas by a state-level committee to identify private forests for protection has been contested by some property owners, stating that what is sought to be shown as natural cover has residential houses and was marked settlement two decades back.

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