Goa CM: Bare minimum GST on housing

28 Aug 2024 CW Team

Sawant further noted that three major issues were discussed during the meeting: GST on properties leased by the government for more than 30 years, matters related to housing societies, and whether to impose GST on redevelopment projects. He highlighted that this was the first meeting held after four years.

Additionally, Sawant mentioned that another issue under consideration was whether a minimum GST should be imposed on houses that have undergone redevelopment, and that the state government has been asked to provide data on housing societies and industrial plots. He added that West Bengal, Punjab, and Maharashtra had already submitted their proposals, and all states have been asked to submit details of their redevelopment schemes and revenue losses.

Sawant explained that various issues related to the real estate sector and submissions from state governments were discussed. The council decided to obtain updated data from all states on each agenda point to study the detailed revenue implications and other issues before making decisions.

Referring to Dabolim airport, Sawant stated that he would travel to Delhi again to meet with the defence minister to request more slots at Dabolim airport for airlines. He also urged Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu to prevent domestic airlines from shifting their operations from Dabolim airport to Manohar International Airport at Mopa. Additionally, he requested the minister to authorise new international flights for Dabolim and to reduce parking fees and user development fees, stating that these measures would help sustain operations at the airport.

Chief Minister Pramod Sawant mentioned that the recently reconstituted group of ministers (GoM) on the real estate sector were of the view that the Goods and Services Tax (GST) on housing should be kept to a bare minimum to make housing more affordable for the common man. He stated that a final decision would be made at the next meeting, scheduled to take place in Goa on either September 23 or 24. This was one of the key issues discussed during the GoM meeting, which Sawant chaired. The GoM also emphasised the need to boost the real estate sector under GST.Sawant further noted that three major issues were discussed during the meeting: GST on properties leased by the government for more than 30 years, matters related to housing societies, and whether to impose GST on redevelopment projects. He highlighted that this was the first meeting held after four years.Additionally, Sawant mentioned that another issue under consideration was whether a minimum GST should be imposed on houses that have undergone redevelopment, and that the state government has been asked to provide data on housing societies and industrial plots. He added that West Bengal, Punjab, and Maharashtra had already submitted their proposals, and all states have been asked to submit details of their redevelopment schemes and revenue losses.Sawant explained that various issues related to the real estate sector and submissions from state governments were discussed. The council decided to obtain updated data from all states on each agenda point to study the detailed revenue implications and other issues before making decisions.Referring to Dabolim airport, Sawant stated that he would travel to Delhi again to meet with the defence minister to request more slots at Dabolim airport for airlines. He also urged Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu to prevent domestic airlines from shifting their operations from Dabolim airport to Manohar International Airport at Mopa. Additionally, he requested the minister to authorise new international flights for Dabolim and to reduce parking fees and user development fees, stating that these measures would help sustain operations at the airport.

Infrastructure Transport

30 Oct 2025

RVNL wins North Eastern Railway bridge project worth Rs 1.66 billion

Rail Vikas Nigam Limited (RVNL) announced on 27 October that it has emerged as the lowest bidder (L1) for a significant infrastructure project awarded by the North Eastern Railway, as part of its routine business operations. The project involves the construction of the substructure for Important Bridge No. 50, which will comprise 14 spans of 61 metres each. It will feature a Double D-type well foundation designed for a double line and adhere to the RDSO 25T axle loading standard. The bridge will be built over the river Gandak, situated between Paniyahwa and Valmikinagar stations, as part of ..

Infrastructure Transport

30 Oct 2025

Northern Railways plans direct Kashmir link with India

Following the successful launch of twin Vande Bharat trains on the Srinagar–Katra route, marking the completion of the Udhampur–Srinagar–Baramulla rail link in June, Northern Railways is now working towards providing direct rail connectivity between Kashmir and the rest of the country, an official has confirmed. Senior Divisional Commercial Manager of the Jammu Division, Uchit Singhal, said that efforts are underway to resolve operational and security challenges to achieve this milestone for Jammu and Kashmir. Speaking to PTI after introducing a two-minute stoppage for the semi-high-sp..

Infrastructure Transport

30 Oct 2025

Railway Board approves new station at Nedumbassery airport

The Railway Board has approved the construction of a new railway station at Nedumbassery, fulfilling a long-standing demand from air passengers using the Cochin International Airport. Union Minister George Kurian’s office announced on Wednesday that the decision marks a major step towards enhancing rail connectivity to the airport, which serves as one of southern India’s key transport hubs. According to the statement, Kurian had earlier met Railway Minister Ashwini Vaishnaw, who assured him that the project would be expedited. The plan gathered momentum following Vaishnaw’s visit last ..