Delhi CM Rekha Gupta Pledges Continued Cooperation from Haryana for Real Estate Development
Delhi Chief Minister Rekha Gupta expressed confidence in Haryana's continued cooperation for the development of the national capital, especially in the real estate sector. The CM also chaired a meeting to strengthen the city’s real estate system and unveiled plans for a new excise policy.
Real EstateCooperationDevelopmentExcise PolicySocial WelfareReal EstateJun 15, 2025
Delhi Chief Minister Rekha Gupta chaired a high-level meeting on Saturday to strengthen the city’s real estate system and make it more transparent, efficient, and development-focused, according to an official statement. During the meeting, the “Government-Industry Taskforce on Real Estate Report” was formally submitted to the government. This 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 unauthorised colonies, housing societies, redevelopment of colonies, and modernisation of infrastructure in industrial zones, and suggested practical, implementable solutions for each. Chief Minister Rekha Gupta reaffirmed her government’s commitment to revamp the sector. She said that the government is committed to moving Delhi towards a structured, transparent, and citizen-friendly real estate model.
Cabinet Minister Manjinder Singh Sirsa and senior representatives from MCD, DDA, DMRC, the Registrar of Co-operative Societies (RCS), and CII attended the meeting. Officials said the report will serve as a blueprint for policy reforms and structural changes in the capital’s real estate ecosystem.
Meanwhile, the Delhi Government will soon unveil a new excise policy aimed at making liquor distribution transparent, accountable, and modern while prioritising social welfare and protecting vulnerable communities, according to an official statement. As per the statement, the Delhi Government is set to roll out a new Excise Policy soon. The primary objective of this policy is to ensure the availability of quality liquor to the citizens of the capital and to make the sale and distribution system transparent, modern, and accountable.
CM Rekha Gupta clearly stated that social security will remain the top priority in the new excise policy. The government will ensure that the policy does not adversely impact sensitive sections of society, as stated in the statement. Further, as per the statement, the Delhi government is committed to ensuring that no aspect of the policy negatively affects sensitive sections of society and that vulnerable communities’ safety, health, and peace are not compromised in any way.
A high-level committee, chaired by the Chief Secretary of the Delhi Government, is currently working on formulating this policy. The committee is also reviewing the excise policies of several other states to adopt best practices that prioritise effective liquor distribution and social protection, the release said.
Frequently Asked Questions
What are the major challenges faced by Delhi’s real estate sector?
The major challenges faced by Delhi’s real estate sector include unauthorised colonies, housing societies, redevelopment of colonies, and modernisation of infrastructure in industrial zones.
What is the purpose of the Government-Industry Taskforce on Real Estate Report?
The purpose of the Government-Industry Taskforce on Real Estate Report is to provide practical, implementable solutions to the challenges faced by Delhi’s real estate sector, aiming to make the sector more transparent, efficient, and development-focused.
What is the new excise policy aimed at?
The new excise policy is aimed at making liquor distribution transparent, accountable, and modern while prioritising social welfare and protecting vulnerable communities.
Who attended the high-level meeting on strengthening Delhi’s real estate system?
The high-level meeting was attended by Cabinet Minister Manjinder Singh Sirsa and senior representatives from MCD, DDA, DMRC, the Registrar of Co-operative Societies (RCS), and CII.
What is the top priority in the new excise policy?
The top priority in the new excise policy is social security, ensuring that the policy does not adversely impact sensitive sections of society and that vulnerable communities’ safety, health, and peace are not compromised.
Related News Articles
India's Rise to Realty Prominence: A Billion-Dollar Boom
India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion among the top 100 realty companies.
Maharashtra Cabinet Renames Pune Airport After Sant Tukaram Maharaj
The Maharashtra Cabinet has approved a proposal to rename Pune airport after the 17th-century Warkari saint and poet, Sant Tukaram Maharaj.
The Downfall of Real Estate Moguls: Alexander Brothers Arrested in Miami
In a shocking turn of events, the renowned real estate moguls, the Alexander Brothers, were recently arrested in Miami. This news has sent ripples through the business community, leaving many to wonder what led to their downfall.
Luxury Homes, Toxic Air: The Urban Pollution Paradox in India
Nithin Kamath, a prominent real estate analyst, highlights the growing concern of urban pollution in major Indian cities like Delhi, Mumbai, and Bengaluru. Despite seeing a surge in luxury real estate, these cities struggle with alarming levels of air pol
Tragic Incident: Two Workers Killed, One Injured as Slab Collapses in Chikhla Mines
A devastating slab collapse in the Chikhla mines of Manganese Ore (India) has resulted in the death of two workers and left one injured. The incident has raised serious concerns about safety protocols in the mining industry.
Women Home Buyers Witness 14% Surge in 2024: Report
A recent report by Square Yards, titled 'Key Holders of Change - Women Driving Real Estate Growth and Transformation,' reveals a significant 14% increase in women homebuyers in 2024.