Industrial Development Corporation (GIDC) hopes to auction off at least 5 lakh sqm of the erstwhile SEZ land at either Verna or Sancoale by January-end next year, for which it has sought the services of a property consultant.
The consultant will have to assess the current market value of the reclaimed SEZ land and also identify growth factors and obstacles while assisting GIDC in the e-auction.
GIDC has floated a request for proposal (RFP) for economic planning and strategy development for commercialization of 24 lakh sqm of land which was reclaimed from five SEZ promoters. The property consultant will be paid a percentage of the amount received by GIDC after auctioning the entire land. Public and private consultancy firms which have been operational for ten years and have international exposure have been given till October 30 to show their interest in the project.
“The firm is expected to prepare a study in this regard on the above matrix and has to furnish cost benefit analysis as also a SWOT analysis considering the likely appreciation in near future,” the RFP states.
The consultant will have to assess the market value of the property based on the available floor area, location availability of necessary services, infrastructure and alternate uses of the land. GIDC wants a team of at least eight to help identify relevant sectors or companies who would be willing to invest in Goa.
Though the main activity of GIDC is to create basic infrastructure at industrial estates, the government-backed corporation is struggling under heavy debt.
