Real Estate

PANAJI: Enforcement Directorate (ED), Goa, last week issued 20 notices to British, Russian, German and Italian nationals for violations of the Foreign Exchange Management Act (FEMA) relating to purchase of immovable properties in Goa. The foreign nationals have been asked to show cause as to why the properties should not be confiscated by the central government.

PANAJI: The Enforcement Directorate (ED) confiscated 12 properties bought by Russians in Goa in violation of the Foreign Exchange Management Act (FEMA).

PANAJI: The town and country planning (TCP) department has stopped two housing projects in Corlim as both had problems with access to the sites and one was allegedly being routed through the local industrial estate.

'Won't interfere with panchayat vetoes'

PORVORIM: The government will not interfere if village panchayats in Goa deny licences to projects that have obtained NOCs from the town and country planning (TCP) department, chief minister Manohar Parrikar told the Goa legislative assembly on Tuesday.

PANAJI: The government's move to stifle the gram sabhas from discussing construction projects in their village has resulted in a furious backlash.

PANAJI: Grassroot-level planning should involve villagers and needs to be professionalized by including local experts, but the government's failure to bring in changes after 73rd and 74th amendments to the constitution has led to conflict, sources said.

'Parrikar is a puppet of the builders'

PANAJI: On the day chief minister Manohar Parrikar presented the Goa budget, representatives of village groups and gram sabhas from Goa have said "Parrikar is a puppet of the builders" in view of the government's recent advisory through the Town and Country Planning department and director of panchayats which states that gram sabhas have no powers to discuss construction projects in villages.

Can TDR save CRZ in Goa?

CALUNGATE: There are a few natives of Mumbai residing in Goa who feel that one way out for those owning property in CRZ areas is TDR - transfer of development rights - between properties.

PANAJI: The High Court of Bombay at Goa recently held that an order which passed by the then urban development minister in 2007, paving the way for development of a project, was in violation of the principles of natural justice.

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