The initial phase includes six projects worth over Rs 17 billion. These developments span a total plot area of around 53,000 square meters, with a built-up area of approximately 1,85,000 square meters.

NBCC will develop key commercial and administrative spaces, including: - Junta House on 18th June Road and Government Garage on M.G. Road, Panjim - An administrative building at Porvorim - A circuit house and hotel at Altinho - Commercial and residential spaces for government quarters at St. Inez - A mini convention centre at Tiswadi Patto

Additionally, NBCC will conduct a feasibility study for the redevelopment of the Vasco bus stand.

The Goa government will retain a portion of the built-up area from these projects after covering the project costs. NBCC will also act as the project management consultant (PMC) for other development initiatives where the state government provides funding. (ET)