A newly constructed bridge in Goa is sparking debates about its intended agricultural benefits versus the surge in real estate developments. While the bridge was initially designed to connect farmers to their fields, many are questioning its true purpose.
BridgeAgricultureReal EstateGoaDevelopmentReal EstateMar 06, 2025
The primary purpose of the new bridge in Goa was to connect farmers to their fields, improving access and facilitating agricultural activities.
There are concerns that the bridge may primarily serve to support real estate developments, leading to the conversion of agricultural lands into residential and commercial properties.
Proponents argue that the bridge will not only support agriculture but also stimulate economic growth and improve the quality of life for residents by increasing property values and bringing new opportunities.
Local authorities have promised to implement measures such as establishing buffer zones around agricultural areas and enforcing stricter land-use regulations to protect agricultural lands.
The debate has far-reaching implications for the future of Goa’s rural communities and the balance between traditional agricultural practices and modern urban development.
The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.
The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.
Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.
Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon
Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.
The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.