ANALYZING THE ROLE OF GOVERNMENT POLICIES IN BIHARS COMMERCIAL REAL ESTATE SECTOR

This paper examines the impact of government policies on the commercial real estate sector in Bihar, India. Through a comprehensive analysis of existing policies, market trends, and stakeholder perspectives, we explore how various governmental initiatives have shaped the growth and development of commercial real estate in the state. The study employs a mixed-methods approach, combining quantitative data analysis with qualitative insights from industry experts and policymakers. Our findings reveal that while certain policies have positively influenced the sector, there is room for improvement in infrastructure development, ease of doing business, and incentive structures. The paper concludes with recommendations for policymakers to enhance the effectiveness of government interventions in fostering a robust and sustainable commercial real estate market in Bihar.