GHB seeks consultant to develop land in North Goa

The Goa Housing Board (GHB) plans to develop 60,700 sq m of land in North Goa through a joint partnership with reputed national or international builders. The board is looking for a property consultant to develop a viable business model and conduct a market study on Goa’s real estate sector. The land at Colvale, Tivim, Curca and Penha de Franca is already with GHB, which hopes that by appointing a transaction advisor, who will be paid approximately one per cent of the project cost, it will be able to maximise revenue and create a self-sustaining business model. The consultant will help in selection of a private developer, conduct a market study, carry out site analysis, and develop financial models.