Latest news with #DeltaCorpLtd
Time of India
5 days ago
- Business
- Time of India
Panaji Residency: Rs 22L curtains offered for ‘posh' Delta guests
Panaji: Delta Corp Ltd, which had a corporate tie-up with the Goa Tourism Development Corporation (GTDC) for Panaji Residency until March 31, approached the corporation to renew the contract. Delta Corp assured the GTDC of consistent occupancy with an approximate payout of Rs 3 crore per year. Delta Corp said that it could utilise a minimum of 6,000 room nights per year at Panaji Residency, translating to Rs 30 lakh of turnover per month. The GTDC's board agreed to renew the corporate tie-up. The GTDC had executed a MoU with Delta Corp Ltd for the period from April 1, 2022, to March 31, 2025. Given that Delta Corp will bring in 'high profile guests', an inspection of the GTDC-owned property found that the curtains need replacement. The GTDC offered to replace the curtains in 45 rooms at the Panaji Residency at a cost of Rs 22 lakh. Delta Corp operates four offshore casinos in the Mandovi under the Deltin brand. The GTDC's Panaji Residency is a stone's throw from the Captain of Ports jetty, where the casinos have offices. 'It is important to maintain high standards of aesthetics to match the expectations of the high profile guests who are staying through the corporate tie-up of Delta Corp Ltd, which is generating assured revenue and occupancy at the Panaji Residency. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo The financial implication is Rs 22 lakh, excluding GST,' said the note submitted to the board. The GTDC, which has Ganesh Gaonkar as the chairman, asked the Goa Handicrafts Rural & Small Scale Industries Development Corporation (GHRSSIDC) to provide rates from empanelled vendors to replace the old curtains and curtain tracks with new ones in 45 rooms. The board agreed to place the order with the GHRSSIDC, a govt-backed body. Pravin Arlekar is the GHRSSIDC chairman. Panaji Residency recently underwent an upgrade, with rooms being painted and fresh wallpaper being fixed.
India.com
13-05-2025
- Business
- India.com
Goa: CADA Member, MLA Alleges Illegality In Denotifying Farmland For Casino Project
Aldona MLA and Command Area Development Authority (CADA) member Carlos Alvares Ferreira has strongly condemned the state government's decision to denotify 3.3 lakh square metres of irrigation land in Dhargalim, Pernem, for a proposed casino project. Calling the move "fraudulent and illegal," Ferreira warned that the decision would not withstand judicial scrutiny. The land in question, originally earmarked for the Tillari irrigation project, was recently denotified by the state cabinet to facilitate the establishment of a gaming zone by Delta Corp Ltd. Ferreira, a senior advocate, said the denotification directly violates provisions of the Command Area Development Act, which was enacted to protect agricultural lands and support farmers through irrigation. "I was shocked to read in the news that CADA land is being handed over to a casino firm. This land was classified for irrigation use just six months ago under an approved scheme by the CADA board," Ferreira said, noting that the cabinet's unilateral action bypassed the statutory procedure outlined in the Act. BJP Government which promised doubling farmer's income has snatched land from them and has given to Casinos at Dhargal. I condemn Governments move of giving 3.33 Lakh sq meter of notified CADA land to Delta Corp Ltd for setting up of 'Integrated Resort Development Project. — Yuri Alemao (@Yurialemao9) May 12, 2025 He explained that under the law, land can only be included or excluded from CADA through a formal scheme involving public objections and board approval. "I personally ensured the approval of this scheme at the last CADA board meeting," he said. Criticising the role of the Investment Promotion Board (IPB) and the state cabinet, Ferreira asserted that no executive decision can override statutory authority. "The cabinet has no power to bypass a board constituted under a law passed by the legislature," he stated. Ferreira also accused the government of favouring casino interests, pointing to a reported Rs 5 crore waiver granted to Delta Corp. "I demand that the BJP government explain who benefited from this waiver. This appears to be a corrupt act aimed at gifting public land to private players," he said, adding that such actions contradict the BJP's earlier stance against casinos in Goa. "This is proof that the government is selling Goa piece by piece. CADA land is meant to sustain agriculture, not promote gambling," Ferreira said, vowing to challenge the decision legally.
