Goa Plans Affordable Housing
SMART CITIES

Goa Plans Affordable Housing

Goa Chief Minister Pramod Sawant has announced a comprehensive housing policy to ensure affordable housing for Goans through the Goa Housing Board. The initiative aims to tackle real estate concerns in the state.

Presenting the revenue surplus Budget 2025-26 in the Goa assembly on March 26, Sawant also introduced incentives for tourism and industrial investments. The budget projects a ?1.38 trillion GSDP at current prices, reflecting a 14.27% growth rate, with per capita income estimated at ?9.69 lakh.

Major Budget Highlights ???? Affordable Housing: A new policy involving multiple government stakeholders will streamline approvals for mega residential and commercial projects. The government will also study urban carrying capacity to ensure sustainable development.

???? Tourism & Infrastructure: Goa will see ?423 crore in Smart City projects, including ?135 crore for Cities 2.0 in Panjim. Developments include smart roads, smart illumination, an oceanarium, a cruise terminal, a caravan park in Kerim, and a drone park at Quitol.

???? Real Estate Boost: The state relaxed infrastructure tax payments for developers and allocated ?5 crore for slum redevelopment. An amnesty scheme will allow property transfers without penalties.

Goa Invites Maharashtra Developers In February 2025, the Goa Rehabilitation Board and Goa Housing Board invited Maharashtra’s NAREDCO to explore PPP-based real estate projects, including residential, commercial, and mixed-use developments.

A Goa Housing Board presentation in February 2025 highlighted that property prices in the state are rising by 15%-30% annually, reinforcing Goa’s position as a lucrative investment destination.

Goa Chief Minister Pramod Sawant has announced a comprehensive housing policy to ensure affordable housing for Goans through the Goa Housing Board. The initiative aims to tackle real estate concerns in the state. Presenting the revenue surplus Budget 2025-26 in the Goa assembly on March 26, Sawant also introduced incentives for tourism and industrial investments. The budget projects a ?1.38 trillion GSDP at current prices, reflecting a 14.27% growth rate, with per capita income estimated at ?9.69 lakh. Major Budget Highlights ???? Affordable Housing: A new policy involving multiple government stakeholders will streamline approvals for mega residential and commercial projects. The government will also study urban carrying capacity to ensure sustainable development. ???? Tourism & Infrastructure: Goa will see ?423 crore in Smart City projects, including ?135 crore for Cities 2.0 in Panjim. Developments include smart roads, smart illumination, an oceanarium, a cruise terminal, a caravan park in Kerim, and a drone park at Quitol. ???? Real Estate Boost: The state relaxed infrastructure tax payments for developers and allocated ?5 crore for slum redevelopment. An amnesty scheme will allow property transfers without penalties. Goa Invites Maharashtra Developers In February 2025, the Goa Rehabilitation Board and Goa Housing Board invited Maharashtra’s NAREDCO to explore PPP-based real estate projects, including residential, commercial, and mixed-use developments. A Goa Housing Board presentation in February 2025 highlighted that property prices in the state are rising by 15%-30% annually, reinforcing Goa’s position as a lucrative investment destination.

Next Story
Infrastructure Urban

Punjab Allocates Rs 3.6 Billion to Upgrade Ludhiana Schools

Punjab Education Minister Harjot Singh Bains, joined by Rajya Sabha Member of Parliament Sanjeev Arora, announced Rs 360 Mn for school infrastructure upgrades in Ludhiana. The investment is part of the Punjab Sikhya Kranti initiative led by Chief Minister Bhagwant Mann to modernise government schools. The plan includes Rs 170 Mn for the Shaheed-e-Azam Sukhdev Thapar School of Eminence in Bharat Nagar and Rs 30 million for upgrades at the Jawahar Nagar branch. Schools in Gobind Nagar and Cemetery Road will each receive Rs 20 Mn and be developed as Schools of Brilliance. Rs 15 Mn will go to th..

Next Story
Infrastructure Urban

SGPGIMS to Boost Fire Safety with 14 New Officer Appointments

Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGIMS) in Lucknow will appoint 14 fire safety officers and support staff to enhance its fire safety infrastructure. The decision was taken during the institute’s 102nd Governing Body meeting, chaired by Chief Secretary Manoj Kumar Singh. The move comes after a fire incident in December 2023, prompting a re-evaluation of safety measures. The chief secretary directed SGPGIMS to adopt strict fire-safety protocols and ensure appropriate staffing levels to maintain constant preparedness. SGPGIMS director Professor Radha Krishna Dhiman..

Next Story
Infrastructure Urban

Kaushalya Logistics Expands Depot Network, Partners with Adani Cement

Kaushalya Logistics has partnered with Adani Cement and expanded its operational footprint as part of an aggressive growth strategy in the cement logistics sector. The company has also strengthened ties with Dalmia Bharat and JK Cement to enhance service capacity. Over the past four months, Kaushalya Logistics has grown its depot network from 70 to over 100 locations. This expansion supports the company’s efforts to meet rising demand from India’s infrastructure and construction sectors. In March 2025, the company handled 0.3 tonnes of cement—a 50 per cent increase from the 0.2 tonne..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?