Summary:
The four properties at Miramar, Anjuna, Britona riverside and Colva, respectively, which have been leased out come under CRZ areas. The GTDC justified leasing of its properties as it wants to strengthen its financial condition. It felt it was the best option.Cabral said GTDC is a service-oriented corporation and needs to be sustainable. Some properties, that have been leased, were in bad condition and maintenance cost was high. If GTDC privatises all its residencies, tourists with limited budgets can tick off Goa from their itinerary as Goa has few budget hotels,” an officer said..