PANAJI
The State government has notified around 31,280 square metres land at Reis Magos, Bardez as an Investment Promotion Area towards setting up five-star and four-star resorts.
M/s Spark Healthline Private Limited has proposed setting up of a five-star and four-star hotel, multi-level car parking in individual buildings of the hotels with three levels of car parking and landscaping illumination and approach road to the activities and facilities in survey number 95/1-A (part) in the Reis Magos village.
The Investment Promotion and Facilitation Board (IPB) had granted in-principle approval for the project and recommended to the government to declare the area as Investment Promotion Area. And accordingly a proclamation was released seeking public feedback on the same.
The Directorate of Industries, through a notification issued on Thursday, said the objections received towards the project are “insufficient” and “invalid”.
“Therefore, in exercise of the powers conferred by sub-section (1) of Section 42 of the Goa Investment Promotion and Facilitation of Single Window Clearance Act, 2021 (Goa Act 19 of 2021), the Government of Goa hereby,— (a) declares whole of the said area as specified in the Schedules hereto to be an Investment Promotion Area,” the notification stated
The government has declared that the provisions of any State law relating to local authorities providing for control or erection of buildings, levy and collection of taxes, fees and other dues to the local authority which is in force in the said area shall cease to apply and that the Municipal Corporation or the Municipal Council or the Village Panchayat which were receiving house tax, other taxes or fees from the occupants in the said area under their respective laws, shall be compensated by the Government to the extent of the last financial year’s collection of such house tax, other taxes or fees for a period of five years.
