TEAM HERALD
PANJIM: Being a small state, Goa has limited availability of land. The Government of Goa envisages promoting transparent and optimal allocation of land while ensuring balanced development of all regions in the state.
The state government has notified the Goa Industrial Development Corporation Allotment Regulations, 2012 with an aim to bring in transparency in allocation of plots for industrial uses. The allotment of plots in the industrial estates will be undertaken on the basis of the predefined framework as enshrined under the regulations.
The regulations are being further simplified to incentivize the allocation of plots to investors which would achieve commercial production within two years.
All allocation of plots in industrial estates will be undertaken as per these regulations to ensure transparency and allocation within a defined time period. The development of new industrial estates will be balanced. It will have FSI/FAR incentives with the government planning to increase the FSI to 2for pharmaceutical and knowledge based industries and 1.5 for all other industrial units.
The Town and Country Planning Department will issue the necessary notifications in this regard. The govt’s assistance in land procurement as per the new Land Acquisition Act that came into force with effect from from January 1, 2014 can be sought. The maps of the land which can be utilized for industrial activity shall be notified along with the Land Use Policy of the Govt of Goa.
