Goa's Land Conversion Fee Structure
Real Estate

Goa's Land Conversion Fee Structure

The Town and Country Planning Department of Goa has revised its fee structure for land conversion. This move is aimed at streamlining the process, ensuring transparency, and promoting responsible land use. The revised fee structure applies to various types of land, including residential, commercial, and industrial, impacting landowners and developers across the state.

Key changes include an increase in the fees for converting agricultural land to non-agricultural uses. This is intended to discourage haphazard development and protect agricultural land from unnecessary conversion. Additionally, the new fee structure includes differentiated rates based on the location and size of the land, reflecting its market value and potential impact on infrastructure.

The revised fees also incorporate provisions to encourage the development of affordable housing. Lower fees are applied to projects that contribute to the state?s affordable housing goals, aligning with Goa?s broader objectives of sustainable urban development and housing for all.

These changes are expected to generate additional revenue for the state, which will be reinvested in infrastructure and public services. The new fee structure aims to balance development needs with environmental conservation, ensuring that land use changes are both economically and ecologically viable.

In summary, the revised fee structure by Goa?s Town and Country Planning Department is a significant step towards modernizing land management practices. It ensures that land conversions are conducted transparently and responsibly, benefiting both the environment and the community.

The Town and Country Planning Department of Goa has revised its fee structure for land conversion. This move is aimed at streamlining the process, ensuring transparency, and promoting responsible land use. The revised fee structure applies to various types of land, including residential, commercial, and industrial, impacting landowners and developers across the state. Key changes include an increase in the fees for converting agricultural land to non-agricultural uses. This is intended to discourage haphazard development and protect agricultural land from unnecessary conversion. Additionally, the new fee structure includes differentiated rates based on the location and size of the land, reflecting its market value and potential impact on infrastructure. The revised fees also incorporate provisions to encourage the development of affordable housing. Lower fees are applied to projects that contribute to the state?s affordable housing goals, aligning with Goa?s broader objectives of sustainable urban development and housing for all. These changes are expected to generate additional revenue for the state, which will be reinvested in infrastructure and public services. The new fee structure aims to balance development needs with environmental conservation, ensuring that land use changes are both economically and ecologically viable. In summary, the revised fee structure by Goa?s Town and Country Planning Department is a significant step towards modernizing land management practices. It ensures that land conversions are conducted transparently and responsibly, benefiting both the environment and the community.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?