By Bricksnwall | 2026-08-19
Delhi Master Plan 2047: New housing stock
might redefine Noida, Gurugram real estate markets and segment consumer demand
by location, affordability and property type.
The Delhi Master Plan 2047, approved on
August 12, provides a long-term blueprint to accommodate a population
anticipated to be around 32 million by 2047 and to cater for the need for
roughly 4 million more houses.
The idea could open up possibilities for the
residential market in the cheap segment, redevelopment and commercial
development by bringing underutilized urban property into the real estate
market in Delhi.
Source: Hindustan Times