PANAJI
The State government has constituted a 14-member committee to determine, analyse and revise the circle and area built-up rates of properties in Goa.
The committee headed by the Revenue Secretary will also suggest ways to improve the revenue mobilisation/collection of the State Government.
As per the notification issued on January 27, Under Secretary Revenue-I Vrushika Kauthankar has said that the committee will have to carry out the analysis of the current market trends/rate and propose the revised circle rate for land and also suggest a mechanism for periodical revision of rates.
The committee will also recommend the government on how to carry out ease of doing business in the Registration Department and guidelines/formulas for calculations of rates for land building, etc, of different kinds (ready reckoner).
Key officials on the committee include the Collector of North Goa, Collector of South Goa, Director of Settlement & Land Records, State Registrar from the Registration Department, Chief Town Planner, Principal Chief Engineer from the Public Works Department, and Director of Panchayats among other officials. The committee will remain in force for two years.
The government has also put in place a sub-committee under the Joint Secretary, Revenue, to assist the State-level committee.
Circle rates are the minimum prices set by the government for property transactions in specific areas. Recently, the State had revised land rates in several talukas, including Bardez, Pernem, Salcete, Tiswadi, and Mormugao wherein the jump is huge.
