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Goa Hikes Land Conversion Fee

BY Realty Plus

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The cabinet gave its consent to the proposal for increasing land conversion fees, as provided under the land revenue code. It also approved the inclusion of new categories of land use, for which the appropriate conversion fees have been proposed. However, the new categories can only be included after carrying out an amendment to section 32 of the land revenue code. The decision is in line with the announcements made in the State’s Budget of the current fiscal year, 2020-21. This fee was last revised in 2016. The revenue department has also proposed the rationalization of categories of land on which conversion fees will be charged. The department proposed a hike in the conversion fees as well as included new categories of land use.

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