CREDAI urges Bengal government to repeal the Urban Land Ceiling Act, citing it as a hindrance to real estate development.
Godrej Industries partners with Godrej & Boyce and Godrej Properties to develop Vikhroli property via a new SPV, potentially before the Urban Land Ceiling Act is repealed.
Activists demand the implementation of a 1983 government rule allowing affordable group housing by providing land at low rates. Over 3,900 applications are pending.