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Govt land monetisation will boost infrastructure development

Urban development in India is largely obstructed by the lack of availability of land at affordable prices, a key prerequisite for infrastructure development and housing. According to the Numbeo database for 2021, Mumbai is among the top 10 cities with the highest price-to-income ratios. The reason for the high price of land available for infrastructure development or residential stock in India is directly linked to the complexities of the land acquisition process.

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