THURSDAY, 3 SEPTEMBER 2026
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20 prime plots up for grabs at key industrial estates

PANAJI

Goa Industrial Development Corporation has moved in for allotment of 20 plots located in the prime industrial estates across the State and has invited applications for allotment of the same.

In Verna Industrial Estate which is a prime industrial estate a total of 6 plots admeasuring around 5,286 sq mts will be allotted. Of the 6 plots two plots have an approximate area of around 1300 sq metres while the area of other plots is around 600 square metres.

In Cuncolim Industrial Estate, a total of 7 plots with an area 7318 sq mts will be allotted. Two plots in this estate are of around 2000 sq mt area. 

While in Madkaim 6 plots with total area of around 9,045 will be allotted, in Corlim industrial estate just one plot of 840 sq mts will be allotted. 

The details and the fine print about the plots and the auction process is available on the portal www.goaonline.gov.in.

The basic auction rates range at Rs 3645 per sq mtr in Verna Industrial estate, Rs 2295 per sq mtr in Cuncolim and Madkai industrial estates and Rs 1830 in Khorlim industrial estate. 

The government is likely to get revenue of more than Rs 200 crores towards the allotment of these plots. 

It may be recalled that there were some issues in the earlier allotment of plots with many which were allotted being unutilised. Also some plots had been subleased which created further complications.

The plots include some of the plots that were allotted earlier as SEZ plots but later were taken back by the government. 

The government had earlier taken the 38.4 lakh sqm metres of SEZ land back from promoters last year. In order to take the land back government had to refund Rs 256 crore to promoters. 

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