panaji town and country planning minister vishwajit rane on friday met stakeholders from the real estate sector and assured them that rules and regulations will be simplified in the coming months rane also assured them that the tcp department will ensure that a sustainable balance is maintained between demand and supply of commercial and residential real estate rane met with credai the institute of engineers the indian institute of architects iia and the confederation of indian industry to discuss issues pertaining to the department and planning and development authorities chief town planner rajesh naik was present we will be putting some rules and regulations in place to simplify procedures resolve parking issues and so on the team will also work on finding a midway between demand and supply so that both industry and the general public are satisfied with the changing guidelines of tcp said rane after the meeting on monday rane had announced a slew of reforms he had also promised that the department would introduce amendments to the tcp act in the coming months the iia suggested that the tcp department sets up a separate cell for urban planning in order to enhance the quality of the urban setting in goa with rane saying that he found merit in the suggestion we discussed several aspects of city planning ways to create transparency in the department and the possibility of bringing consultants to devise an expansion plan that is in keeping with goas uniqueness said rane credai issued a statement saying that rane spoke about restructuring the tcp department and improving efficiency he said that he has sought fasttrack clearance of files and also that he would bring uniformity in planning for towns and cities said president nilesh salkarsalkar said that the real estate sector contributes substantially to the states economy and accounts for almost 11 of bank credit our continued existence therefore is not just desirable it is rather crucial and imperative for the economy for the state said salkar after the meeting