This paper focuses on the implications of various land use policies being adopted in India with special reference to Delhi and the NCR region. This is linked with changes in policies related to the acquisition of large tracts of land by public sector agencies, changes in Floor Area Ratio (FAR) for various types of construction activities, land pooling policy, land acquisition policy, etc. It examines how far the economic reforms coupled with several changes in land use policies have helped spread development to neighbouring areas surrounding Delhi such as the Central National Capital Region (CNCR) and other National Capital Region (NCR) areas and how far this has been successful in overcoming the housing shortage and easing the overburdened infrastructure of Delhi. The study, thus, reviews the overall housing demand and compares it with its supply in NCT Delhi and the NCR over time to draw relevant policy implications.