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Goa IDC e-Auction 2026: 18 Industrial Plots at Verna Estate for Handicraft Cluster

Jul 07 2026

Goa IDC Opens Applications for 18 Industrial Plots at Verna Estate for Handicraft Cluster; Deadline July 17

The Goa Industrial Development Corporation (Goa IDC) has launched a new industrial land allotment initiative by inviting online applications for 18 leasehold industrial plots at Verna Industrial Estate . The plots have been earmarked exclusively for establishing a dedicated Handicraft Cluster , a move aimed at strengthening Goa's traditional artisan ecosystem while integrating it with modern industrial infrastructure.

Applicants can register and submit their applications online until 6 PM on July 17, 2026 .

The initiative is expected to benefit artisans, handicraft manufacturers, rural enterprises, cooperatives, startups and MSMEs looking to expand production through organised industrial facilities.

Goa IDC Announces Dedicated Handicraft Cluster at Verna

With this announcement, Goa IDC is continuing its cluster-based industrial development strategy . The corporation believes that creating a dedicated industrial ecosystem for handicraft units will improve productivity, market access and long-term business sustainability for traditional artisans.

Unlike home-based production, the proposed cluster will provide entrepreneurs with access to planned industrial infrastructure, better logistics, common utilities and improved connectivity , making it easier to scale manufacturing operations.

The initiative is also expected to preserve Goa's rich handicraft traditions while creating new employment opportunities.
NOTICE

Why Verna Industrial Estate Was Chosen

Verna Industrial Estate is Goa's largest and most developed industrial hub , housing hundreds of manufacturing and service industries.

According to Goa IDC, establishing the handicraft cluster inside Verna will help artisans benefit from:

  • Ready industrial infrastructure
  • Better transport connectivity
  • Common utility services
  • Industrial ecosystem support
  • Easier access to suppliers and markets

The dedicated cluster is expected to encourage small manufacturers to move from informal production units to professionally managed industrial premises.

Goa IDC Verna Industrial Estate 2026: Key Highlights

Particular Details
Organisation Goa Industrial Development Corporation (Goa IDC)
Project Handicraft Cluster
Location Verna Industrial Estate, Goa
Total Plots 18
Plot Type Leasehold Industrial Plots
Plot Rate ₹2,810 per sq. metre
Application Mode Online
Last Date July 17, 2026 (6 PM)

18 Industrial Plots Available for Allotment

The available plots range from 638.50 sq. metres to 1,462.30 sq. metres , allowing applicants to choose land according to the scale of their proposed industrial activities.

Plot No. Area (Sq. Metres) Rate
MP-10 1,462.30 ₹2,810/sq.m
MP-12 1,200.00 ₹2,810/sq.m
MP-11 974.30 ₹2,810/sq.m
MP-7 948.75 ₹2,810/sq.m
MP-9 943.40 ₹2,810/sq.m
MP-13 894.50 ₹2,810/sq.m
MP-14 800.00 ₹2,810/sq.m
MP-15 800.00 ₹2,810/sq.m
MP-16 800.00 ₹2,810/sq.m
MP-17 800.00 ₹2,810/sq.m
MP-18 789.25 ₹2,810/sq.m
MP-1 783.65 ₹2,810/sq.m
MP-8 724.50 ₹2,810/sq.m
MP-6 651.00 ₹2,810/sq.m
MP-5 647.85 ₹2,810/sq.m
MP-4 644.75 ₹2,810/sq.m
MP-3 641.60 ₹2,810/sq.m
MP-2 638.50 ₹2,810/sq.m

How to Apply for Goa IDC Industrial Plots

Interested applicants must complete the online registration through the official Goa IDC portal before the deadline.

Applicants should ensure that all required information and supporting documents are uploaded during the application process. Only applications submitted within the prescribed timeline will be considered for evaluation.

How Will the Plots Be Allotted?

The allotment process will follow the Goa Industrial Development Corporation (Allotment, Transfer and Sub-Lease) Regulations, 2023 , except Regulations 5.4 and 5.5 , which have been excluded for this special advertisement.

Instead, the Goa Handicrafts, Rural and Small Scale Industries Development Corporation will constitute a dedicated Screening Committee .

The committee will:

  • Evaluate eligible applications
  • Apply its prescribed scoring criteria
  • Recommend successful applicants
  • Specify approved handicraft-related industrial activities for each allotted plot


Important Guidelines

Applicants should carefully review all applicable regulations before applying.

Goa IDC has also clarified that:

  • The corporation may amend or modify the advertisement whenever necessary.
  • Issuing the advertisement does not create any statutory obligation to allot plots.
  • Queries can be submitted to Goa IDC until July 17, 2026 .

Goa's Cluster Development Strategy Gains Momentum

The handicraft cluster is part of Goa IDC's broader strategy of developing sector-specific industrial clusters .

Recently, the corporation introduced an IT cluster at Verna and has also proposed a Purple Economic Zone aimed at entrepreneurs with disabilities.

With the addition of the handicraft cluster, Goa aims to promote inclusive industrial growth , preserve traditional craftsmanship and improve market competitiveness for local artisans.

Industry experts believe such dedicated industrial clusters can improve production efficiency, encourage exports, attract investments and generate employment in the MSME sector.

Goa IDC Contact Details

Goa Industrial Development Corporation

Plot No. 13 A-2, EDC Complex
Patto Plaza, Panaji, Goa – 403001

Telephone: +91 832 2437470–73

Email: [email protected]

The launch of 18 leasehold industrial plots at Verna Industrial Estate marks another important step in Goa's industrial development roadmap. By providing artisans and handicraft entrepreneurs with organised industrial infrastructure, the project is expected to modernise traditional manufacturing while supporting local employment and MSME growth.

Eligible applicants interested in setting up handicraft manufacturing units should complete the online application process before July 17, 2026 , as no applications will be accepted after the deadline.




GIDC revises schedule for Verna Hello World Innovation and Research Park e-auction

Panaji: The Goa Industrial Development Corporation (GIDC) has revised the schedule for the e-auction of industrial plots at the Hello World Innovation and Research Park in Verna Industrial Estate . The corporation has issued corrigenda updating key dates and has also announced an online pre-bid meeting for interested bidders.The auction is being conducted under Auction ID No. GIDC 25-26-14 dated November 8, 2025 and will be hosted on the national government e-auction platform .

1)  OFFICIAL NOTIFICATION 
2)  OFFICIAL NOTIFICATION  
ONLINE PRE-BID MEETING

Corrigendum II dated January 5, 2026 announces that an online pre-bid meeting will be held for clarification of bidder queries related to eligibility, documentation, and auction procedures.

REVISED E-AUCTION SCHEDULE

Corrigendum I dated December 18, 2025 revises the following auction timelines:

  • Last date for submission of bids: February 21, 2026 up to 18:00 hrs

  • Evaluation of bids: February 23 to 28, 2026

  • Live e-auction of plots: February 23 to 28, 2026

These dates replace the earlier schedule issued with the original auction notice.

PLOT SIZES AND DEVELOPMENT BLOCKS

The master plan consists of six development plots labelled HW-1 to HW-6 . Each plot has an approximate area of 25,000 square metres . A separate land parcel of 29,900 square metres is earmarked for future development .

PLOT-WISE AREA STATEMENT

HW-1 — 25,000 sqm — Innovation and Research Block
HW-2 — 25,000 sqm — Innovation and Research Block
HW-3 — 25,000 sqm — Innovation and Research Block
HW-4 — 25,000 sqm — Innovation and Research Block
HW-5 — 25,000 sqm — Innovation and Research Block
HW-6 — 25,000 sqm — Innovation and Research Block

ABOUT THE PROJECT

The Hello World Innovation and Research Park is planned as a modern campus designed for technology-based and research-driven enterprises . The project proposes facilities for:

  • research institutions

  • startups

  • deep-tech companies

  • biotechnology and healthcare research units

  • engineering and design services

The layout includes internal roads, green open spaces, landscaped buffers and a proposed skywalk , creating a pedestrian-friendly and sustainable environment .

PARTICIPATION PLATFORM

All auction and bidding activities will be conducted only through the government e-auction portal eauction.gov.in . Corrigenda and detailed documents are available on the official website of GIDC idc.goa.gov.in .

The project is expected to attract significant investment , create employment opportunities , and strengthen Goa’s position as a hub for innovation and research .

About the Author
B Durga Prasad
SEO & Content Writer

B Durga Prasad is a skilled Digital Marketing SEO Specialist, Content Writer, and Canva Designer with 4 years of experience in creating high-quality informational content across multiple industries in India.

He has written content for sectors including Health, Real Estate, Government Schemes, Housing Projects, Vehicle Auctions, E-Auctions, Government Vehicle Sales, and Public Notices.

His expertise lies in transforming official notifications and complex information into easy-to-understand, reader-friendly articles optimized for search engines and Google Discover.

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