Money Tree

The Master plan of Delhi is expected to be approved and notified by the Central Government and the approval of the 1432 unauthorised colonies is also likely.
If approved, this will bring a price reshuffle in the real estate market of Delhi. After approval of these colonies a lot of land will become available for construction and development as most of the plots in these colonies are left vacant by their owners for want of basic facilities and secondly much buying and selling was also not happening due to their unauthorised status.
Now after approval a number of small builders and developers will start buying land in these colonies and would start selling small ready to move in flats at competitive prices. With this supply of flats, the prices in authorised colonies will start coming down till an equillibrium is set up.
So, if you are planning to buy property in Delhi, wait for a few days and let the situation be more clear, you will have a wider choice and may be a better price as well.