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
Portugal's Golden Visa Program Gets a Revamp to Boost Affordable Housing
Portugal's Golden Visa program has undergone significant changes to address concerns over its impact on the housing market, making it more challenging for foreigners to buy homes.
Why 1 BHK Homes are Becoming a Hit Among Millennials in Bengaluru
High rental yields and rising affordability levels are driving demand for 1 BHK housing units among millennials in Bengaluru
MahaRERA Reverts to Old Website Amid Technical Glitches on MahaCRITI
Maharashtra Real Estate Regulatory Authority (MahaRERA) has temporarily switched back to its old website due to technical issues on the new MahaCRITI website, causing delays in services for homebuyers, developers, and other stakeholders.
Affordable Housing to Receive a Boost from Repo Rate Cut and Tax Exemptions: Hiranandani
Mumbai (Maharashtra) [India], February 7 (ANI): The real estate business is set to see significant improvements, particularly in the affordable housing segment, thanks to recent repo rate cuts and tax exemption reliefs. According to experts at Hiranandani
Bhutani Group Cooperates with ED in Money Laundering and Fraud Investigation
Real estate firm Bhutani Infra has announced its cooperation with the Enforcement Directorate (ED) in an ongoing investigation into alleged money laundering and fraud involving home buyers.
Dubai Pioneers Real Estate Tokenisation in Web3 Collaboration
Dubai has launched a pilot phase for real estate tokenisation, a groundbreaking project that leverages Web3 technology to streamline property transactions and enhance market liquidity. The initiative is expected to transform the real estate sector by offe