The "Government Industry Taskforce on Real Estate Report" was jointly prepared by major stakeholders, including the Confederation of Indian Industry (CII), Delhi Development Authority (DDA), Municipal Corporation of Delhi (MCD), Delhi State Industrial and Infrastructure Development Corporation (DSIIDC), Delhi Metro Rail Corporation (DMRC), and real estate consultancy CBRE.
The report outlined 10 major challenges currently faced by Delhi's real estate sector, such as unauthorized colonies, housing societies, redevelopment of colonies, and modernization of infrastructure in industrial zones and suggested practical, implementable solutions for each.
Chief Minister Rekha Gupta said that the government is committed to moving Delhi towards a structured, transparent, and citizen-friendly real estate model.
The report will serve as a blueprint for policy reforms and structural changes in the capital's real estate ecosystem.
