Impact of Gurugram Stilt+4 Ban on Delhi Property Market | Expert Analysis Executive Summary The Punjab and Haryana High Court's decision to halt new Stilt + 4 approvals in Gurugram from April 2026 (citing infrastructure strain) has sent shockwaves through the NCR. For Delhi, this serves as both a warning and an opportunity. As the "surplus floor" supply in Gurugram faces a bottleneck, the capital's residential market is poised for a significant realignment. 1. Immediate Impact on Delhi Property Rates The primary outcome of the Gurugram restriction is the flight of capital . Shift in Demand: High-Net-Worth Individuals (HNIs) who were looking at Gurugram for modern S+4 floors will now pivot back to South and West Delhi (Vasant Vihar, Panchsheel, Greater Kailash, Punjabi Bagh). Price Appreciation: With limited land in Delhi and a sudden influx of "displaced" Gurugram buyers, we anticipate Delhi property rates to appreciate by 10-15% in the luxury segment ov...