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PANAJI
The announcement comes on a day when the Town and Country Planning (TCP) Minister and the Chief Minister met TCP officials to decide on the way forward on the Regional Plan.
“No final decision has been taken. It was only an initial meeting,” Chief Minister Manohar Parrikar announced as he emerged from the meeting.
However, it was Sardesai who explained the idea.
“We’re trying to create a concept in which if you have an old house you will be given incentives to retain it that way. Suppose you have a plot of greenery in a city, you will have an incentive to keep it that way. That incentive you can then sell to a builder who can then use that incentive in a designated area where, a vertical growth will be allowed,” Sardesai explained.
“Which areas are going to be designated as high growth is not decided or what is going to be the quantum of the credits that are
