West Bengal FM says urban land ceiling law "has to go", seeks organised realty push
Kolkata, Oct. 2 -- West Bengal Finance Minister Swapan Dasgupta on Friday reiterated the state government's intent to remove the decades-old urban land ceiling law, calling it an impediment to development, as he sought greater participation from organised real estate developers in the state.
Addressing the 24th CREDAI NATCON in Kolkata, Dasgupta said some laws dating back to the 1970s continued to hold back development even though they had been scrapped elsewhere in the country.
"One of them is something called the urban land ceiling. It is an impediment and a deterrent to development. It has to go," he said.
Dasgupta also said land-related issues in rural areas would need to be addressed as West Bengal expands factories, logistics fac...
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