Goa Latest Real Estate News

Sale, conversion of orchard land will be criminal offence

orchard land

PANAJI: Sale and development of orchard land will now be a criminal offence and could soon attract imprisonment of one year, town and country planning (TCP) minister Vijai Sardesai said. Claiming that 20 lakh square metres of land had been illegally converted across Goa, Sardesai stated that an amnesty period was being given to those who had illegally developed land to seek conversion from the board by March 31, 2018. “We are of the opinion that there is a need to amend the Town and Country Planning Act so as to have criminal liability for people who are doing illegal development of orchard land,” he said. “Therefore we are suggesting that the liability for person getting involved in illegal land development of orchard land should be one year simple imprisonment,” the minister said. He said the TCP department…
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Goa govt goes slow on TDR land use policy implementation

real estate

Panaji: Months after announcing introduction of the Transfer of Development Rights (TDR) land use policy, the Goa government has decided to go slow on its implementation due to problems being faced by the real estate industry in the wake of GST and RERA. Town and Country Planning Minister Vijai Sardesai had told the assembly during the monsoon session that the TDR policy, which is the backbone of upcoming Regional Plan 2030, will be formulated in the next six months. The TDR was expected to curb increasing conversion of agricultural and orchard lands for other activities, mainly construction of buildings by real estate developers. “We are slowing the work on conceptualising the TDR policy due to introduction of RERA and GST. The implementation of TDR at this stage can affect the entire economy,” he told reporters here last evening. The…
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