Goa Plans Affordable Housing

29 Mar 2025 CW Team

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.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..