ET - Govt approves Delhi Master Plan 2047 with focus on redevelopment, affordable housing
Minister of Housing & Urban Affairs has approved the Delhi Master Plan 2047 paving way for the planned real estate development in the capital.
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Minister of Housing & Urban Affairs has approved the Delhi Master Plan 2047 paving way for the planned real estate development in the capital.
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The Delhi Master Plan 2047 envisages development of around 40 lakh new affordable housing units, redevelopment of existing residential areas and planned urban expansion through land pooling. The plan also proposes transit-oriented development, higher FAR incentives, regularisation of unauthorised colonies and conservation of heritage assets.
The allotment of 1 crore homes to women under the Pradhan Mantri Awas Yojana – Urban (PMAY-U) represents a significant development in inclusive housing and economic participation, according to NAREDCO Mahi, the women’s wing of the National Real Estate Development Council. The organization noted that female participation in the sector has expanded beyond property ownership into professional, entrepreneurial, and leadership roles.
The Ministry of Housing and Urban Affairs (MoHUA) has advised all State Real Estate Regulatory Authorities (RERAs) to grant a four-month extension in the registration and corresponding completion timelines of eligible real estate projects affected by disruptions arising from the ongoing situation in West Asia.
Housing and urban affairs ministry on Friday issued an advisory asking all state Real Estate Regulatory Authorities (RERAs) to grant a four-month extension in registration and completion timelines of eligible real estate projects delayed due to the "prevailing West Asia situation". The move, however, could end up benefiting defaulting builders while adversely affecting homebuyers.
The Ministry of Housing and Urban Affairs (MoHUA) has advised all State Real Estate Regulatory Authorities (RERAs) to grant a four-month extension in the registration and corresponding completion timelines of eligible real estate projects affected by disruptions arising from the ongoing situation in West Asia.
The Ministry of Housing and Urban Affairs (MoHUA) has advised all State Real Estate Regulatory Authorities (RERAs) to grant a four-month extension in the registration and corresponding completion timelines of eligible real estate projects affected by disruptions arising from the ongoing situation in West Asia.
The Ministry of Housing and Urban Affairs (MoHUA) has advised all State Real Estate Regulatory Authorities (RERAs) to grant a four-month extension in the registration and corresponding completion timelines of eligible real estate projects affected by disruptions arising from the ongoing situation in West Asia.
According to the 49th edition of the Knight Frank–NAREDCO Real Estate Sentiment Index for Q2 2026, the Real Estate Future Sentiment Score remained unchanged at 50, suggesting a neutral outlook. The reading indicates that market participants expect the operational challenges facing the sector to continue, but believe the deterioration recorded in the first quarter has now levelled off.
National President, Naredco Mahi & MD, SSPL Group
I believe this policy has potential to become a national benchmark for achieving 'Housing for All'. It focuses on affordable housing, green construction, transit-oriented development, digital governance and public-private partnerships creates a comprehensive framework for long-term urban growth.