Goa Government to Investigate Zuari Industries' Land Sale Amid Real Estate Development Concerns
Chief Minister Pramod Sawant assures the Goa Legislative Assembly of a thorough inquiry into the sale of industrial land by Zuari Industries Ltd for real estate development
Zuari IndustriesLand SaleReal Estate DevelopmentGoa GovernmentAffordable HousingReal EstateAug 02, 2024
The controversy surrounding the land sale was raised by Goa Forward Party leader and Fatorda MLA, Vijai Sardesai, who claimed that Zuari had sold industrial land for real estate development. The Chief Minister revealed that the details of Zuari's land sale have been forwarded to the Additional Solicitor General of India (ASG) for a legal opinion.
Sardesai accused Zuari Industries of selling the land, initially allocated for industrial use to provide employment for Goans, to a real estate company that is developing a multi-storied project in Sancoale. The MLA pointed out that the flats in this project are being sold at a steep price of Rs 55,000 per sq mt, making them unaffordable for Goans.
Responding to Sardesai's concerns, Revenue Minister Anatasio (Babush) Monserrate noted that the government does not own the land in question, as it belongs to the local comunidade. However, Chief Minister Sawant reiterated his commitment to a thorough investigation, assuring the House that the government would look into the issue and potentially cancel the project's permissions.
The issue of Zuari land sale was a major topic in the state assembly in July 2022, with Opposition MLAs urging the government to halt the registration of sale deeds for the real estate land sold by the company. The current developments underscore the ongoing concerns about land use and the potential displacement of local communities in favour of high-priced real estate projects.
Information
Zuari Industries Ltd is a company that was allocated land for industrial purposes by the Goa government. However, the company has allegedly sold the land to a real estate developer, which is now developing a multi-storied project on the site.
Goa Forward Party is a regional political party in Goa that is committed to protecting the interests of the state's citizens. The party has been vocal about its opposition to the sale of land for real estate development and has urged the government to take action to prevent the displacement of local communities.
Keywords Tags Zuari Industries, Land Sale, Real Estate Development, Goa Government, Affordable Housing
FAQs
Q What is the controversy surrounding Zuari Industries' land sale?
A The controversy surrounds the sale of industrial land by Zuari Industries Ltd for real estate development, which has raised concerns about the displacement of local communities and the lack of affordable housing options.
Q Who is leading the investigation into the land sale?
A The Chief Minister, Pramod Sawant, has assured the Goa Legislative Assembly that the government will probe the matter and may revoke the permissions issued for the project if necessary.
Q What is the price of the flats in the multi-storied project developed on the land sold by Zuari Industries?
A The flats in the project are being sold at a steep price of Rs 55,000 per sq mt, making them unaffordable for Goans.
Q What is the government's stance on the issue?
A The government has initiated an investigation into the land sale and may revoke the permissions issued for the project if necessary.
Q What are the concerns about the land sale?
A The concerns surround the potential displacement of local communities and the lack of affordable housing options, as the flats in the project are being sold at a steep price.
Frequently Asked Questions
What is the controversy surrounding Zuari Industries' land sale?
The controversy surrounds the sale of industrial land by Zuari Industries Ltd for real estate development, which has raised concerns about the displacement of local communities and the lack of affordable housing options.
Who is leading the investigation into the land sale?
The Chief Minister, Pramod Sawant, has assured the Goa Legislative Assembly that the government will probe the matter and may revoke the permissions issued for the project if necessary.
What is the price of the flats in the multi-storied project developed on the land sold by Zuari Industries?
The flats in the project are being sold at a steep price of Rs 55,000 per sq mt, making them unaffordable for Goans.
What is the government's stance on the issue?
The government has initiated an investigation into the land sale and may revoke the permissions issued for the project if necessary.
What are the concerns about the land sale?
The concerns surround the potential displacement of local communities and the lack of affordable housing options, as the flats in the project are being sold at a steep price.
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