Delhi's 2041 master plan offers $ 100 bn opportunity
Real Estate

Delhi's 2041 master plan offers $ 100 bn opportunity

The think tank reported that the Delhi Master Plan 2041, which is still pending final government clearance, was expected to generate economic opportunities totalling $ 100 billion over the next two decades. According to the analysis by the think tank, Delhi Consortium, it was anticipated that the Delhi Master Plan would unlock real estate opportunities in 165 Delhi villages. This had the potential to raise Delhi's per capita income to Rs 0.4 million, marking a 47% increase from the Rs 02.72 million per capita income reported in the 2022-23 Economic Survey of Delhi.
The founder-director of the think tank, Ramesh Menon, pointed out that there was an urgent need for the approval of Delhi Master Plan 2041. He mentioned that the Delhi Land Reforms Act 1954 posed the largest obstacle to the planned development of Delhi. He also expressed concern about the discretionary use of the 1954 law by administrative officers in the revenue department, which did not instill confidence among stakeholders.

Also read: 

The think tank reported that the Delhi Master Plan 2041, which is still pending final government clearance, was expected to generate economic opportunities totalling $ 100 billion over the next two decades. According to the analysis by the think tank, Delhi Consortium, it was anticipated that the Delhi Master Plan would unlock real estate opportunities in 165 Delhi villages. This had the potential to raise Delhi's per capita income to Rs 0.4 million, marking a 47% increase from the Rs 02.72 million per capita income reported in the 2022-23 Economic Survey of Delhi.The founder-director of the think tank, Ramesh Menon, pointed out that there was an urgent need for the approval of Delhi Master Plan 2041. He mentioned that the Delhi Land Reforms Act 1954 posed the largest obstacle to the planned development of Delhi. He also expressed concern about the discretionary use of the 1954 law by administrative officers in the revenue department, which did not instill confidence among stakeholders.Also read: MMRDA plans 350 sq km Town in Mumbai Harbour           Dwarka comes up with mega convention space, Yashobhoomi

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?