PANAJI: Those planning to buy properties in Goa’s talukas, which include its capital city, port town, and commercial capital — Tiswadi, Mormugao, and Salcete — will soon have to pay more money as state govt has decided to increase the minimum land price in those talukas.
State govt is planning to increase the minimum land price on the lines of Pernem and Bardez. “We have decided to increase the minimum land price in Tiswadi, Mormugao, and Salcete talukas so that development can take place in other talukas, and it will even generate revenue for the state,” CM Pramod Sawant told TOI.
In Tiswadi, the minimum price is between Rs 500 per sqm and Rs 5,000 per sqm. In Salcete, the price varies between around Rs 8,00 to Rs 11,000, and in Mormugao, the price is between Rs 420 to Rs 4,200 per sqm.
This decision is not likely to affect the common man, as those buying about 500sqm of land to construct a house will still be subject to the old prices.
There have been allegations against the town and country planning department regarding the rampant conversion of land in Pernem and Bardez. Over the past couple of years, the two talukas have been land-deal hotspots for actors, celebrities, politicians, cricketers, and bureaucrats.
In September, surging demand for land in Pernem and Bardez talukas prompted govt to sharply elevate minimum land prices, with rates going up by 400% in the talukas’ coveted coastal belt. The rates were revised, with the price shooting up to Rs 25,000 per sqm in Bardez.
The minimum land rate in Pernem taluka will be between Rs 1,500 per sqm, going up to Rs 15,000 per sqm. In Bardez taluka, the minimum land price will start at Rs 4,000 per sqm and escalate to Rs 25,000 per sqm.
In the coastal villages of Morjim, Mandrem, Arambol, and Querim in Pernem taluka, govt revised the minimum land price from Rs 3,000 per sqm to Rs 15,000 per sqm. In Tiracol village, govt increased the minimum land price from Rs 3,000 per sqm to Rs 12,000 per sqm.
In Bardez’s coastal villages, the minimum land price at Anjuna was Rs 5,400 per sqm, at Candolim it was Rs 6,000 per sqm, and at Calangute it was Rs 6,000 per sqm. In Nerul, the price was Rs 6,000 per sqm; it has now risen to Rs 12,000 per sqm.
