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Finance Minister Swapan Dasgupta said Bengal needs a more organised real estate sector if it is to accelerate development and attract investment. He also called for scrapping laws such as the urban land ceiling act, arguing that such rules have long acted as impediments to growth.
Finance Minister Swapan Dasgupta has called for a more organised real estate sector in Bengal, arguing that fragmented and informal market structures are holding back development. He also urged the removal of legacy laws, including the urban land ceiling act, saying such rules have become impediments to investment and urban growth.
Finance Minister Swapan Dasgupta said West Bengal must attract more organised players into its real estate sector if it wants to accelerate development and improve investment outcomes. He also argued that legacy regulations, including the urban land ceiling law, should be scrapped because they have acted as impediments to growth.
Finance Minister Swapan Dasgupta said West Bengal needs a more organised real estate sector if it is to attract sustained investment and accelerate development. He argued that outdated laws, including the urban land ceiling framework, have acted as impediments to growth and should be removed or reworked to unlock land and capital.
Finance Minister Swapan Dasgupta has called for a more organised real estate sector in Bengal, arguing that fragmented market structures continue to hold back investment and orderly urban growth. He also urged the scrapping of legacy laws, including the urban land ceiling act, which he described as impediments to development.
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