GCCI criticizes hike in minimum land prices for Mormugao
Sat, Dec 21, 2024 1:36 PM

GCCI criticizes hike in minimum land prices for Mormugao

A Flip by Avya Verma
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Goa Chamber of Commerce and Industry president Shrinivas Dempo criticizes the government's exorbitant minimum land rates in Mormugao taluka, which have increased by 597% to 2,857%, citing unaffordability and potential collapse of land sales and government revenue. Dempo recommends revising rates to Rs 15,000 per sqm for Vasco and Rs 10,000 per sqm for Chicalim, Dabolim, and Sancoale.

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