Industry never came, partly because of the complex issue of land acquisition as well as the insurmountable populism of West Bengal’s politics. But existing houses and neighbourhoods continued to be destroyed because of the ethos created by “developers” – a euphemism, often, for a new breed of land sharks. This ethos dictated that houses on prime land needed to be bought up and immediately destroyed for the price of the land they stood on. So the houses were never put on the market, and their market value was never determined.
Amit Chaudhuri – Calcutta’s architecture (Guardian)