IndustryLatest Stories

Delhi CM calls for builders to adopt public-private partnerships

NEW DELHI: Chief Minister Rekha Gupta has assured the real estate sector that the government will require two years to address the capital’s developmental backlog from the past decade. “We encourage industry members and developers to present PPP models for the creation of state-of-the-art hospitals, schools, shopping malls, and infrastructure, with the government providing full policy and financial support,” stated Gupta. Speaking at the National Real Estate Development Council (NAREDCO) conference, which announced its 17th national convention scheduled for August 29–30, 2025, in New Delhi, she emphasized, “Our vision is to transform all slums in Delhi into permanent housing. We…

InfrastructureLatest Stories

Delhi CM convenes meeting to review Master Plan 2041

File Photo NEW DELHI: Delhi Chief Minister Rekha Gupta has called a high-level meeting on Monday to assess the provisions of the long-awaited Master Plan for Delhi (MPD) 2041, according to officials. The Delhi Development Authority (DDA) submitted the draft plan to the Centre in April 2023, but it has yet to receive approval from the Union Ministry of Housing and Urban Affairs. Sources indicate that the DDA vice-chairman will present a comprehensive overview of the draft to the chief minister and other senior officials, including heads of departments related to industries, environment, and revenue. The meeting aims to concentrate…