The Goa government has introduced significant amendments to boost the real estate sector, including shorter waiting times for construction licenses and easier payment terms for infrastructure tax.
Real EstateConstructionGoaInfrastructure TaxLicensingReal Estate NewsAug 10, 2025
The key amendments include shorter waiting times for construction licenses and occupancy certificates, easier payment terms for infrastructure tax, and reduced stamp duty for property mortgage deeds.
Smaller players will be able to pay the infrastructure tax in two equal installments instead of a lump sum, reducing the initial financial burden and making it easier to start projects.
The new waiting time for obtaining construction licenses and occupancy certificates is 15 days, down from the previous 30 days.
Town and Country Planning Minister Vishwajit Rane piloted the amendments to the Goa Tax on Infrastructure Act.
The amendment reduces the stamp duty financial burden on mortgagers when mortgaging property without giving possession, making it more affordable for buyers availing of housing loans.
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