Delhi property gets a long-awaited 2047 reset

Meanwhile, the Economic Times daily newspaper is available online now.

Key points

• Delhi Master Plan 2047Manohar Lal KhattarDelhi Housing DevelopmentDelhi Metro ExpansionAffordable Housing DelhiUrban Development DelhiPublic Transport DelhiViksit Bharat 2047Yamuna Floodplains ProtectionJob Creation Delhi.
• Manohar Lal Khattar unveils Delhi's 2047 blueprint: 40 lakh homes, 695-km metro & jobs on agenda.
• Under MPD 2047, 30-40 lakh new flats are planned to meet the housing needs of the growing population.
• Delhi's Master Plan 2047 proposes forty lakh new homes for its growing population.
• The Delhi Metro network at present spans concerning 416 km.

Manohar Lal Khattar unveils Delhi's 2047 blueprint: 40 lakh homes, 695-km metro & jobs on agenda. ET OnlineLast Updated: Aug 20, 2026, 04: 34: 00 PM IST.

Delhi's Master Plan 2047 proposes forty lakh new homes for its growing population. The city's metro network will expand to six hundred ninety-five kilometers by the year 2047. This plan intends to balance urban development with environmental preservation efforts. Affordable housing will be backed through transit-oriented development policies. Meanwhile, the plan seeks to create Delhi a world-class, inclusive, and economically vibrant city. Listen to this article in summarized format. Unlock AI Briefing and Premium Content. Subscribe Now Already a member? Sign In.

For context, the Master Plan for Delhi 2047 was unveiled on Thursday, with Union Housing and Urban Affairs Minister Manohar Lal Khattar announcing intends for around 40 lakh homes and an expansion of the city's metro network to 695 km by 2047. The Delhi Metro network at present spans concerning 416 km. The plan intends to prepare Delhi for a projected population of 3.20 crore while balancing urban development with environmental preservation, Lal stated at a joint press conference with Delhi Lieutenant Governor T S Sandhu and Chief Minister Rekha Gupta.

Delhi's Anand Vihar, Kashmere Gate, Sarai Kale Khan to obtain multi-modal transport hubs for seamless transfers between metro, rail, bus and RRTS He stated development would be accelerated while protecting around 180 sq km of the Yamuna floodplains and the Ridge area. Live Events.

Under MPD 2047, 30-40 lakh new flats are planned to meet the housing needs of the growing population. The city's public transport network will additionally be expanded, with metro rail, buses and six new Regional Rapid Transit System corridors planned, Lal stated. While farmhouses will not be permitted in low-density areas, Khattar stated, the Transit Oriented Development Policy will backing affordable housing. The plan additionally removes building height restrictions in most areas, except for certain locations. Data centres, co-working spaces and cloud kitchens have been included under the "new economies" category. Gupta remarked the long-awaited master plan would assist revitalise Delhi by focusing on affordable housing and improving transportation infrastructure. Aligned with the vision of Viksit Bharat@2047, MPD 2047 seeks to develop Delhi into a world-class, inclusive and economically vibrant city capable of supporting almost 3.2 crore residents.: Delhi Master Plan 2047 approval probable to boost real estate sector The plan additionally marks a shift from a largely regulatory approach to urban planning towards a development-focused framework aimed at encouraging investment, innovation and job creation. Earlier this month, The Economic Times documented that the plan was approved after it remained pending for more than four years. For context, the long-pending plan is projected to provide a framework for Delhi's future development, including land apply, housing, infrastructure and redevelopment. The DDA has remarked the master plan will guide the expansion and development of the national capital over the coming decades. According to The Economic Times had additionally, the plan was projected to address long-standing matters around the Green Development Area and farmhouse development, while easing some of the regulatory hurdles for construction and redevelopment. Industry executives had remarked greater clarity and faster approvals could assist revive real estate activity in the capital. Add Now!

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In short, delhi property gets a long is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.