Goa Approves Rs 1.92 Billion Mapusa Bus Stand Project
ECONOMY & POLICY

Goa Approves Rs 1.92 Billion Mapusa Bus Stand Project

The Goa state government has announced plans to construct a new, modern bus stand in Mapusa, addressing a long-standing demand from Bardez residents. The project, to be executed under a public-private partnership (PPP) model, will involve an investment of approximately Rs 1.92 billion.
The decision comes after reports highlighted the deteriorating condition of the existing bus stand, which suffers from potholes, garbage accumulation and waterlogging during the monsoon.
The new bus stand will be developed over an area exceeding 27,000 square metres and will offer significant improvements, including:
Parking:
More than 700 parking spaces, with 500 dedicated to two-wheelers, 200 for four-wheelers and additional spaces for staff.
Amenities:
Two air-conditioned waiting lounges with WiFi, a cargo service facility, a restaurant, and a ticket area equipped with automatic vending machines.
Passenger Convenience:
Separate washrooms for men and women, baby-feeding rooms, drinking water facilities, a help desk, and full accessibility for wheelchairs and luggage trolleys.
The project will be implemented on a Design, Build, Finance, Operate and Transfer (DBFOT) model. The successful bidder will be responsible for the entire development, operation and maintenance of the facility before transferring it back to the government.
A senior official stated that Mapusa’s strategic location—being both commercially and culturally important—makes it ideal for a modern transport hub. The project will also include a commercial complex to enhance viability. The core facilities are expected to be completed within 24 months, with the commercial complex following within 36 months from the appointed date.

The Goa state government has announced plans to construct a new, modern bus stand in Mapusa, addressing a long-standing demand from Bardez residents. The project, to be executed under a public-private partnership (PPP) model, will involve an investment of approximately Rs 1.92 billion.The decision comes after reports highlighted the deteriorating condition of the existing bus stand, which suffers from potholes, garbage accumulation and waterlogging during the monsoon.The new bus stand will be developed over an area exceeding 27,000 square metres and will offer significant improvements, including:Parking:More than 700 parking spaces, with 500 dedicated to two-wheelers, 200 for four-wheelers and additional spaces for staff.Amenities:Two air-conditioned waiting lounges with WiFi, a cargo service facility, a restaurant, and a ticket area equipped with automatic vending machines.Passenger Convenience:Separate washrooms for men and women, baby-feeding rooms, drinking water facilities, a help desk, and full accessibility for wheelchairs and luggage trolleys.The project will be implemented on a Design, Build, Finance, Operate and Transfer (DBFOT) model. The successful bidder will be responsible for the entire development, operation and maintenance of the facility before transferring it back to the government.A senior official stated that Mapusa’s strategic location—being both commercially and culturally important—makes it ideal for a modern transport hub. The project will also include a commercial complex to enhance viability. The core facilities are expected to be completed within 24 months, with the commercial complex following within 36 months from the appointed date. 

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Infrastructure Energy

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement