Written By: Editorial Team Jul 19, 2023 06:30 PM News , Regions & Markets Views : 38

Goa News: Goa Government Intervenes to Check Land Price Rise, Forms Panels to Fix Minimum Rates

The Goa government has formed two panels to fix minimum land rates in the state. The panels will be headed by retired IAS officers and will have representatives from the revenue department, town and country planning department, and the Goa Board of Survey and Land Records.

The panels have been formed in response to the rising land prices in Goa. The government has been under pressure from the public to take steps to regulate land prices. The panels will study the market conditions and recommend minimum land rates for different areas in the state.

The government has said that the minimum land rates will be fixed in such a way that they do not adversely affect the interests of farmers and landowners. The panels are expected to submit their reports within three months.

The formation of the panels is seen as a positive step by the government. It is hoped that the panels will be able to fix minimum land rates that are fair to both buyers and sellers. This will help to regulate land prices in Goa and make it more affordable for people to buy land.

In addition to fixing minimum land rates, the panels are also expected to recommend measures to prevent the misuse of land. The government has said that it is committed to protecting the interests of farmers and landowners. It is hoped that the panels will be able to come up with recommendations that will help to achieve this goal.

 Via: Times of India

Agricultural land in Goa Agricultural land in Goa