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Delhi Master Plan 2047: 17 Lakh Homes, New High-Rise Zones & Big Changes for Property Owners
['Rohan Bhalla', 'Outer Delhi Faces Pressure Unauthorised Construction']
Property News
Metric 2019 2024 Change/Observation Share of new housing supply priced at ₹1.5 crore and above 13% 70% Increased by 57 percentage points Share of homes priced above ₹2.5 crore within the ₹1.5 crore-plus segment Not stated 59% Majority of premium supply was priced above ₹2.5 crore Policy implication - - The changing supply mix highlights the importance of land-use and housing policies in Delhi’s real estate market. MPD-2047 seeks to address Delhi's development challenges through new housing, TOD, land pooling, redevelopment, village planning, affordable housing, green development and controls on unauthorised construction.