The panel, co-chaired by former deputy prime minister Lord Heseltine and housing minister Brandon Lewis, was set up as part of the government’s recently announced estate regeneration programme.
The DCLG has now revealed the names of 15 experts who will sit on the panel.
They include the leader of Wandsworth Council Ravi Govindia and Nicholas Boys Smith, director of Create Streets, a social enterprise and independent research institute that pushes for well-designed estates.
Other members include Paul Tennant, chief executive of Orbit Housing Association, Tony Pidgley, chief executive of Berkeley Homes and David Budd, the mayor of Middlesbrough.
The DCLG said the panel would look at how the layout of estates can be best used to deliver more homes for rent and sale.
The panel will also make sure there are "strong protections in place so existing residents are always given the right to return to their communities", it added.
Lord Heseltine said: "Estates regeneration is key to transforming the lives of people living on poorly designed housing projects. The panel will provide expert advice, support and explore innovative funding solutions to drive forward the regeneration of estates around the country.
"However, I am clear that this has to be locally led and we must work with the residents of such estates. I now want to see local communities coming forward with innovative ideas to achieve desirable neighbourhoods that local people can be proud of."