Delhi Luxury property might get a boom

Q: Hi, what is the news update about the delhi luxury property is going to be super hit?

Akash Kanojia, Delhi

27th October 2013

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Replies (6)

Sky Mansion by Risland is a ultra luxury property in Chhatarpur area. Offering 3BHK,4 BHK & Penthouses.

Shival Chaudhary,

22nd June 2020

Comment

Apart from investment, these one-acre farmhouses would serve as the perfect second homes or weekend getaway options for many.

Iram Khan, Delhi-NCR

28th October 2013

Comment

You people, this is a great discussion thats going on but i think the residential floors in South Delhi upmarket colonies such as Panchsheel Park, Green Park, Neeti Baugh, and Defence Colony are now selling in much lower rate.... is this the reason????

Himangi deshmukh, Delhi-NCR

28th October 2013

I think that there are a lot of people who were sitting on the edge as they did not want to construct illegal buildings now can make their entry in the market!

Huda Ali, Delhi-NCR

28th October 2013

Comment

The new proposals have, however, put farmhouses in direct competition with independent houses in some of the posh localities in Delhi, including Shanti Niketan/West End, Golf Links, Jor Bagh, Panscheel and Sunder Nagar.

Syed Pasha, Delhi-NCR

28th October 2013

Guys i think that this new policy will be the bonanza for owners of the farmhouses because now they can construct a structure of 2500 square metre .

So the after the farmhouses will be covering an area of 1,000 sq m. The additional units on the farm land can either be sold or rented out at massive premiums.

Anwar Mohammed, Delhi-NCR

28th October 2013

Comment

Moreover, due to policy change people those who did own farmhouses were unable to construct anything for the last six years from now.. which is bad :(

Tamal, Delhi-NCR

28th October 2013

People @Sukhpreet can you describe what is FAR?? how is it calculated?

Jamuna sikhri, Delhi-NCR

28th October 2013

Comment

FAR is the total square feet of a building divided by the total square feet of the plot the building is located on. For instance, FAR of two means the total floor area of a building is two times the gross area of the plot on which it is located.

Praneetha, Delhi-NCR

28th October 2013

Hi, Akash, yes i also have heard the same news that DDA is coming up with new farmhouse policy which might change the dynamics in the the city’s in terms of the luxury residential segment. I guess premium Gurgaon project and South Delhi’s will be the most sought after addresses will come up with new addresses.

Sukhpreet, Delhi-NCR

28th October 2013

Comment

Y! guys dont you remember that DDA had last year regularized all farmhouses that came up prior to February 7, 2007. Also the proposed urban extension areas by allowing construction of up to 20-30 percent of the floor area ratio.

Lohit Raj, Delhi-NCR

28th October 2013