Delhi villages' upgrade to boost housing supply

The Delhi government’s notification to declare 89 rural villages of 95 as urban areas will help to operationalise the land pooling policy in the national capital and pave the way for affordable housing for the mid-segment and economically weaker section. 

“The decision will open up land parcels in areas such as Dwarka. Over the next 12 months, we expect a number of housing projects for both the mid-segment and economically weaker section to come up in the city, which will also control residential prices,” said Rohan Sharma, associate director (research & real estate intelligence service) at JLL, a property consultant.