Latest Project Updates
New Hotel Project in Goa
Executive Summary: A new hotel project in Anjuna, Bardez, Goa, will cost Rs. 43.7 million and include a 40-room hotel and a 50-seat restaurant. As of September 2024, it has received consent from state pollution control authorities to proceed. The project aims to enhance local hospitality and tourism, with construction set to follow regulatory guidelines.
Rs.18926 Million New Hotel Construction Project in Goa
Executive Summary: A new hotel project in Dhargalim, Goa, will feature four blocks: Block A with 458 guest rooms, a casino, and a gym/spa; Block B with 303 guest rooms and entertainment zones; Block C with 318 guest rooms and a banquet hall; and Block D with 24 shops and restaurants. Estimated at ₹18,926 million, the project has received state pollution control consent as of September 2024.
Rs.2250 Million New ESIC Hospital in Goa
Executive Summary: A new ESIC Hospital project in North Goa plans to construct a 150-bed facility at an estimated cost of Rs. 2250 million. Construction is scheduled from April 2025 to June 2027. As of June 2024, the project is in the Idea Stage and is progressing under the EPC route, aiming to enhance healthcare services in the region.
Rs.840 Million Ethanol Plant Redevelopment Project in South Goa, Goa
Executive Summary: A collaboration between Sanjivani Sahakari Sakhar Karkhana and the Department of Public Private Partnership is underway for an Ethanol Plant Redevelopment Project in Darbandora, South Goa. Estimated at Rs. 840 million, construction began in June 2024, aiming for completion by January 2025. As of June 2024, the project is actively advancing, emphasizing modernizing infrastructure and sustainable ethanol production practices for regional economic growth and energy sustainability.
Rs.2500 Million New Hotel Construction Project in Tiswadi, Goa
Executive Summary: A new hotel construction project is planned in Bambolim, Tiswadi, Goa, featuring 2 basements, a stilt, and four floors, with a built-up area of 19,819.28 sqm. The project, estimated to cost Rs.2500 million, is scheduled for construction from June 2024 to June 2031 and is pending environmental clearance as of May 2024.
Rs.3330 Million Smart Infrastructure Operations Expansion Project in Goa
Executive Summary: A project in Goa aims to expand a factory to meet growing demands for critical components in industry, infrastructure, and power sectors. It will introduce Gas Insulated Switchgear and Clean Air GIS technologies, benefiting sectors like data centers, metro rail, and oil & gas. Estimated at Rs. 3330 million, the project was announced in April 2024.
Plastic Film Capacitor Assembly Project in Goa
Executive Summary: A Plastic Film Capacitor Assembly Project in Goa entails assembling capacitors for AC and DC applications, along with fan regulators. With monthly production targets of 40 lakhs for AC, 50 lakhs for DC capacitors, and 60,000 fan regulators, the project reflects a commitment to electronic component manufacturing. Consent from state pollution control authorities, obtained as of April 2024, signifies adherence to environmental standards.
Rs.4210 Million New Oberoi Luxury Resort in South Goa
Executive Summary: A new Oberoi luxury resort project is underway at Cavelossim Beach, South Goa, featuring 90 rooms and suites on a 52-acre site. Estimated at Rs.4210 million, financing will be a combination of internal accrual and debt. Approved by the board of directors in April 2024, the resort aims for an operational debut on 01 October, 2027.
New Hotel Project in Goa
Executive Summary: A new hotel project is planned in Goa, featuring a 300-room Ginger hotel at Manohar International Airport. A 60-year sub-licence agreement was signed between its subsidiary and GMR Goa International Airport Limited in February 2024, marking a significant step towards enhancing hospitality offerings in the region.
New Commercial Complex Building Construction Project in Panaji, Goa
Executive Summary: A renowned real estate entity is initiating a cutting-edge commercial complex construction project in Panaji, Goa. The venture, located at EDC Plot Estate, has obtained approval from state pollution control authorities, showcasing a commitment to elevated standards in sustainable development.