GoM Meeting on Real Estate Sector to be Held in Goa, GST Reduction on Agenda

Goa Chief Minister Dr Pramod Sawant chairs 3rd meet of newly reconstituted GoM for boosting real estate sector, discusses reducing GST on leases for industrial plots, redevelopment of housing and housing society.

Gom MeetingReal Estate SectorGst ReductionIndustrial PlotsHousing SocietyDabolim AirportCivil Aviation MinisterIcao MeetReal EstateAug 22, 2024

GoM Meeting on Real Estate Sector to be Held in Goa, GST Reduction on Agenda
Real Estate:Goa Chief Minister Dr Pramod Sawant has announced that the next meeting of the Group of Ministers (GoM) for the real estate sector will be held in Goa. The GoM meeting, which was held in New Delhi, was positive and discussed several key issues related to the sector.

The meeting, which was chaired by CM Sawant, discussed the reduction of Goods and Services Tax (GST) on leases for industrial plots, redevelopment of housing and housing society. The council decided to obtain updated data from all states on each agenda point for studying detailed revenue implications.

The move is expected to benefit the common man and provide a boost to the real estate sector. The CM also informed that the union civil aviation minister has agreed to increase connectivity and infra development at the Dabolim airport.

In other news, the Goa government has informed the high court that the director of Panchayat will issue a circular within 15 days to all village panchayats directing them to act against illegal hoardings in their respective areas.

The government has also taken action against a driver who allegedly rammed his car into workers who were engaged in road work on the Mandovi Bridge. One person succumbed to injuries while two others are undergoing treatment at the GMC.

The CM has instructed senior officers to investigate the case and file a chargesheet quickly. He has also evaluated the response time of the police on reaching the crime scene.

In a separate development, the CM met with the union civil aviation minister and highlighted the importance of the Dabolim airport and the need for its continuity. He has requested increased connectivity and infra development at the airport.

The union minister has agreed to the proposal and a part of the ICAO meet will be held in Goa in September. The CM also announced that the parking fee at the Manohar International Airport has been reduced from Rs 200 to Rs 80.

The taxi waiting period has also been increased to 10 minutes. The CM will meet with taxi operators on August 23 to resolve other issues.

Calangute police have arrested a person for allegedly committing theft of valuables from tourists. The accused was involved in over 20 theft cases in Goa and Karnataka.

Frequently Asked Questions

What was the outcome of the GoM meeting on real estate sector?

The meeting was positive and discussed several key issues related to the sector, including reduction of GST on leases for industrial plots, redevelopment of housing and housing society.

Where will the next GoM meeting on real estate sector be held?

The next meeting will be held in Goa.

What is the current status of the Dabolim airport?

The union civil aviation minister has agreed to increase connectivity and infra development at the airport.

What action has been taken against illegal hoardings in Goa?

The director of Panchayat will issue a circular within 15 days to all village panchayats directing them to act against illegal hoardings in their respective areas.

What is the reduced parking fee at the Manohar International Airport?

The parking fee has been reduced from Rs 200 to Rs 80.

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