Latest news with #GoaHousingBoard
Time of India
21-07-2025
- Politics
- Time of India
Call for affordable housing grows stronger across parties
Porvorim: Opposition and ruling parties on Monday raised concerns as state govt failed to provide affordable housing to the Goan population. Chief minister Pramod Sawant said that govt is in the process of finalising land in the Pernem taluka for affordable housing. Sawant said that as per the survey conducted in 2011, few people were eligible for PM Awas Yojana, and govt will conduct a new survey under which more people will be eligible for the scheme. Under PM Awas Yojana, four crore affordable houses were provided to the citizens of India. Navelim MLA Ulhas Tuenkar said that the housing board is providing plots and flats to Goans at market prices, and that is the reason non-Goans are buying those plots and flats. Tuenkar demanded that govt scrap the auction policy and allot plots and flats on a first-come, first-served basis. Housing minister Ramkrishna 'Sudin' Dhawalikar said that as per the policy, govt auctions housing plots and flats on two occasions, and if there are no buyers, govt can check whether they can be allotted in other ways. Tuenkar mentioned that previously the Goa Housing Board used to provide loans to the allottees as they were not in a position to buy the plots of land by getting loans from the bank, and the same should be introduced again. Opposition leader Yuri Alemao said that the chief minister, in his budget speech, announced a comprehensive housing policy to provide affordable housing for Goans, but to date, it has not materialised. Mayem MLA Premendra Shet said there is a need to amend the existing laws so that only Goans are eligible for affordable housing, as it has been observed that non-Goans are benefiting.
Time of India
26-05-2025
- Business
- Time of India
Goa housing board to collaborate with private players to provide affordable homes
PANAJI : The Goa Housing Board (GHB) has decided to undertake all upcoming residential and commercial projects through a joint venture to provide quality construction to Goans. The GHB will design residential and commercial properties, and private players will be involved to complete the projects on a sharing basis. GHB chairman Jit Arolkar said the decision was taken to generate revenue for the board and purchase new properties to provide affordable housing to residents of Goa . 'Sharing would be on the basis of floor area ratio (FAR) between the board and the private player,' he said. Arolkar mentioned that through the joint venture, the board is likely to gain an additional 20% profit besides the profits from projects undertaken by the board itself. In the joint venture, the housing board's investment will solely be land, Arolkar said. He explained that when he took over as the chairman of the board, its financial condition was negative. 'I saw that the quality of construction was poor, resulting in no buyers for the existing flats and row villas despite repeated auctions,' he said. The chairman said that considering all the facts, the board has decided to develop residential and commercial properties through the joint venture. 'The land would belong to the board. We will design and plan residential and commercial complexes and put them up for auction,' Arolkar said. 'Private players will bid for projects, and the highest bidder will be selected to complete a project on a sharing basis.' Arolkar noted that involving private players will help the board complete projects with quality construction without any issues, and the money generated from the projects would be utilised to purchase new properties for the board. 'We have almost completed the existing properties. The board has no money to purchase new properties to develop for Goans,' Arolkar said. 'The joint venture will help generate revenue as the board is an autonomous body, and that money will be used to purchase new properties in Goa for development.' Arolkar added that affordable housing can be provided to Goans only by the housing board, and that is the reason the board decided to develop the projects through a joint venture.
Time of India
25-05-2025
- Business
- Time of India
GHB to collaborate with pvt players to provide Goans affordable homes
Panaji: The Goa Housing Board (GHB) has decided to undertake all upcoming residential and commercial projects through a joint venture to provide quality construction to Goans. The GHB will design residential and commercial properties, and private players will be involved to complete the projects on a sharing basis. GHB chairman Jit Arolkar said the decision was taken to generate revenue for the board and purchase new properties to provide affordable housing to residents of Goa. 'Sharing would be on the basis of floor area ratio (FAR) between the board and the private player,' he said. Arolkar mentioned that through the joint venture, the board is likely to gain an additional 20% profit besides the profits from projects undertaken by the board itself. In the joint venture, the housing board's investment will solely be land, Arolkar said. He explained that when he took over as the chairman of the board, its financial condition was negative. 'I saw that the quality of construction was poor, resulting in no buyers for the existing flats and row villas despite repeated auctions,' he said. The chairman said that considering all the facts, the board has decided to develop residential and commercial properties through the joint venture. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tukarkan Bitcoin dan Ethereum - Tanpa Dompet Diperlukan! IC Markets MULAI SEKARANG 'The land would belong to the board. We will design and plan residential and commercial complexes and put them up for auction,' Arolkar said. 'Private players will bid for projects, and the highest bidder will be selected to complete a project on a sharing basis.' Arolkar noted that involving private players will help the board complete projects with quality construction without any issues, and the money generated from the projects would be utilised to purchase new properties for the board. 'We have almost completed the existing properties. The board has no money to purchase new properties to develop for Goans,' Arolkar said. 'The joint venture will help generate revenue as the board is an autonomous body, and that money will be used to purchase new properties in Goa for development.' Arolkar added that affordable housing can be provided to Goans only by the housing board, and that is the reason the board decided to develop the projects through a joint venture.
