Bengal FM pushes to scrap 1976 Urban Land Act

Economic Times - Oct 3, 2026

West Bengal's finance minister Swapan Dasgupta emphasized the need to repeal the Urban Land (Ceiling and Regulation) Act from 1976. He noted that the law impedes land acquisition and institutional funding, limiting development opportunities. Developers expressed concerns over the requirement to form multiple companies for land purchases exceeding 5,000 square meters.

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Bengal FM pushes to scrap 1976 Urban Land Act

Oct 3, 2026

Bengal FM pushes to scrap 1976 Urban Land Act

West Bengal's finance minister Swapan Dasgupta emphasized the need to repeal the Urban Land (Ceiling and Regulation) Act from 1976. He noted that the law impedes land acquisition and institutional funding, limiting development opportunities. Developers expressed concerns over the requirement to form multiple companies for land purchases exceeding 5,000 square meters.

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