Delhi Master Plan 2041: 150 million sq ft of commercial space creation on cards
The 2041 master plan for the national capital Delhi can create about 150 million sq ft of commercial real estate. This would offer a $15 billion opportunity for the sector as the plans include developing 5000 acres of greenfield commercial spaces and self-sufficient sectors and revitalizing 1,700 unauthorized colonies.
Further, the master plan targets integrated development for 47 villages and unlocking 57,000 hectares for urban expansion. As per updates, 5% of the total greenfield developments of the future in Delhi would constitute commercial development.
Also Read: Delhi Master Plan 2041: Economic opportunities worth USD 100 billion up for take