Goa's new housing law opens the door to revenue-sharing projects; here's why
The Goa Assembly has passed an amendment to the Goa Housing Board Act, allowing the board to enter into joint ventures and revenue-sharing agreements for housing projects. This move aims to improve efficiency in real estate development.
Why it matters
Public-private partnerships in housing can accelerate urban development and address housing shortages through more flexible financial models.
The Goa Assembly has passed a bill enabling the Goa Housing Board to implement housing schemes and development projects through joint ventures and revenue-sharing models.Chief minister Pramod Sawant introduced the Goa Housing Board (Amendment) Bill, 2026, on Wednesday to amend the Goa Housing Board Act, 1968. The House subsequently passed the legislation.The amendment inserts a new Section 28A, empowering the housing board, with prior approval from the state government, to enter into joint venture or development agreements with qualified and eligible entities for implementing housing schemes and projects.Revenue-sharing model also allowedThe new provision also allows the board to undertake…
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