If in goa your destination is Ponda city and nearby regions, then this station can be a quicker means to travel.
Direct buses to ponda are available from here. Do care the buses travelling here carry name board Ponda-Sanvordem (NOT Kudchade/Curchorem).
The bus goes via Shiroda,Borim route.
I don't know the exact location of catching the buses from here, but there from ponda...
more... it all starts from Old bus stand (NOT the new kadamba Bus stand).
I am giving this tip as i have seen numerous buses for sanvordem at ponda bus stand (Never travelled though) and also heard from conductor that buses leave very near to SVM railway station.