Delhi Master Plan 2047: Will fresh housing stock in Delhi put pressure on Noida and Gurugram property prices?
The Delhi Master Plan 2047, approved on August 12, aims to accommodate a population of 32 million by adding nearly 4 million homes. Experts suggest that while new affordable housing in Delhi could attract some buyers back from Noida and Gurugram, it will likely segment demand rather than depress prices in those areas. The plan emphasizes compact homes and urban regeneration.