PANAJI
Shree Naman Resorts Goa Pvt Ltd has been roped in to redevelop Miramar Residency into a five-star hotel. The Goa Tourism Development Corporation (GTDC) has continued its lease agreement with Shree Naman Resorts, with whom the corporation had entered into a concession agreement way back in 2016 to redevelop the property.
Addressing media persons on Thursday, Tourism Minister Rohan Khaunte said that the GTDC had signed a concession agreement with the same firm in 2016 and they have decided to continue with them. “In 2016, the project could not go ahead. In 2022, we directed the private firm to hand over the land or to redevelop the property for revenue generation and local employment,” he said.
“The firm has re-proposed its plan and has obtained required permission. GTDC is not investing any money in fact but will get revenue from the project apart from local employment generation,” he added.
Khaunte said that the property is leased out for a period of 20-30 years.
Miramar Residency, which has been shut for a few years, covers around 20,000 square metres. It currently has about 60 rooms along with a restaurant and other facilities.
According to The Goan, GTDC plans to turn it into a hotel with 587 guest rooms, a restaurant, banquet and meeting halls, a gym, spa, and swimming pool.
The State Environment Impact Assessment Authority last week granted environment clearance to the project and directed GTDC to make sure the construction area of 74,087.72 square metres follows the current FAR rules set by the local authorities.
GTDC must also get all necessary approvals from departments such as the Town and Country Planning Department, Goa Coastal Zone Management Authority, Forest Department, State Pollution Control Board, and others before starting the work.
