I found the location very well and I am planning to invest in L zone. But I am confused with the projects that are coming. Could some1 please help me with some knowledge on projects.
Hi Ankit,
You can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirementsto get matching properties details on your Email and Mobile.
Compare the housing property before buying. Check the recording of the societies and the background of the initiators, Always check the registry paper of plots, Check out the locations of plots if it should decide your country.
Hi Aakash,
As per my knowledge, as a stage towards encouraging the developing need of housing in Delhi, the Delhi Development Authority (DDA) is dealing with the Master Plan of L Zone. L Zone is required to provide a stimulus to the moderate and stagnant real estate business sector of the national capital.
As per development plan, the authority has isolated Delhi into 15 zones wherein "L" Zone is the biggest and brags Najafgarh as the main evaluation town in the zone. At present the zones are open for purchasing plot, wherein the private builders as well as housing societies are approaching with their investment ideas.
Guys,
There are two types of purchasers in this L zone - land purchasers and home purchasers. The plot owner must go through the land pooling policy in subtle element and purchase arrive that falls under the residential zone. The home purchasers, who are interested in the real estate market here ought to verify that the builder has all the essential approvals from respective authority.
Hey Guys,
Maybe it's correct time to invest into L Zone under the DDA Master plan 2021, yet the purchaser ought to remember that it may require some time for the real utilization of the plans on ground by the authority. Therefore, suppose you are investing at this time then you have to sit tight for a few years for the investment to grow.
@ Aakash,
As the L Zone is in the early phases of planning, you may have the capacity to get the advantage of a first-comer, however there are a couple of things that one needs to consider. A home purchaser must realize that the land pooling policy has quite recently been advised and not yet operational though. So, it may consume some time for the builders to get plot from DDA for further development.
HI @@@@
In L zone there only society can sell their project because land status is agriculture so there is no approval so builder can not sell their projects,and keep following points before investing in l zone
1-check registration of society and back ground of promotors,
2 always check the registry paper of land parcel
3-Check the locations of land parcel as it would decide your land
so happy investing
In the L zone there is the only company can sell their land of the projects as the state is agriculture, so no approval so constructor unable to sell their projects and maintains following aspects prior to investing in l zone
Check the recording of the societies and the background of the initiators
Always check the registry paper of plots
Check out the locations of plots if it should decide your country
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HI
In L zone there only society can sell their project because land status is agriculture so there is no approval so builder can not sell their projects,and keep following points before investing in l zone
1-check registration of society and back ground of promotors,
2 always check the registry paper of land parcel
3-Check the locations of land parcel as it would decide your land
so happy investing
Valid point Iram, kajal and santosh ,,,,,I also believe this will be welcome step in fulfilling house dream of many medium income segment,
Bhuvnesh I think Builders are also selling there project in l zone calming they will have better amenities and ROI
11th September 2015
Comment
8
Hi
Here only society can sell their projects as land status is agriculture,,this is the mail reason why top class builder although they have good land bank here but not selling their project.
Only registerred society can sell their property in l zone because they are collecting only land cost to buy land
Hi
Here only society can sell their projects as land status is agriculture,,this is the mail reason why top class builder although they have good land bank here but not selling their project.
Only registerred society can sell their property in l zone because they are collecting only land cost to buy land
I will not say this is not a developing location ,suitable for investment, in same time, I will say development authority has full control of this location, so you can invest here purchase for future construction. Why I am saying because I think it will take 2-3yrs of time to develop this location. Some times you may encounter with plot litigation.
Future of this location is not bad ,not good even. If you are buying plot, you have to wait 4-5yrs. If you are buying to construct your dream house here ,still then you have to wait for 4-5yrs. And one more thing as per sources, it is quite hard to find apartment in this location, only plots & plots are available.
I can see that there is much emphasis on investment in L zone and as the market is reverting to L zone this would be upcoming and best place to invest. Following are the key points which will give hype to the area :
1. Proximity to Airport
2. Proximity to Commercial Hub Gurgaon
3. Delhi Pincode
4. Diplomatic Enclave
5. Dwarka expressway
6. Close proximity to Existing metro station Dwarka 21
7. AIIMS 2 in vicinity
8. Well connected with upcoming Major roads.
9. Prices per square foot already reached to 10500 in Dwarka and 11000 in gurgaon
Now things to keep in mind before investment:
1. Time frame for investment should me more than 5-7 Years
2. registerred society,check proper documentation and registry paper of land
3. Consult a reputed property consultant to save yourself from False commitments.
Hi Ankit, As per my knowledge, with a specific end goal to make Delhi a world-class city and to satisfy to the surplus interest for residential units to accommodate the growing population, Delhi Development Authority (DDA) under the Master Plan Delhi (MPD) 2021 is concentrating on new areas at Zone J, K, L, N & (P-I and P-II) for raising residential projects.
According to the Master Plan, nearly 24 lakh residential units will be expected for an predicted 23 million people by year 2021. On an average, the space required per person would be 40 sq-m, covering about 920 sq-km of city or location for the projected population.
In my perspective, right now, privately owned area is all the more in Delhi which is insufficient to take care of the demand. Thus, it has ended up vital that new zones be opened up. This policy will illuminate the intense lack of area in Delhi and make the capital a world class and economical city.