Goa, Aug. 26 -- The Comptroller and Auditor General of India (CAG) has flagged a potential revenue loss of Rs.107.36 crore to the Goa government following the non-levy of fees on additional Floor Area Ratio (FAR) granted to 321 commercial establishments.

According to the audit findings, around 10.73 lakh square metres of additional FAR was granted to the commercial establishments, with the increase ranging from 1.54% to as high as 240%.

The CAG has pointed out that the potential revenue loss could be significantly higher if the additional FAR is valued at Rs.20,000 per square metre. On that basis, the estimated financial implication could reach around Rs.2,147 crore.

Amid the discussion over additional FAR, a proposal is also being con...