Your Investment & the growth
This growth of investment is possible in L Zone, Delhi is only due to the locational and accessibility advantages of the zone. The prices of land in the L Zone have already gone up as high as 2-3 times in the recent times. The growth is subjected to the upcoming MPD-2021 which is going to prove to be a game changer in the real estate aspects of Delhi and NCR. After MPD-2021 is passed and new real estate projects start coming up, the prices of real estate outside Delhi is likely to get adversely affected. Delhi property has and shall always be more valuable than NCR property. Here are a few stats, figures and articles that shall give you an idea of the value of the property at L Zone.
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Latest articles on investment in L-Zone
'Getting Closer to Owning House in Delhi'
- NDTV (5th Nov, 2015)
"If you are planning to buy accommodation in Delhi or want to invest in property, now is the right time."
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"There are number of developers and group housing societies which have launched projects under the land pooling policy and offer very lucrative schemes to the customers."
For Complete Article: Click Here
- NDTV (5th Nov, 2015)
"If you are planning to buy accommodation in Delhi or want to invest in property, now is the right time."
.
.
"There are number of developers and group housing societies which have launched projects under the land pooling policy and offer very lucrative schemes to the customers."
For Complete Article: Click Here
'Why These 9 North Indian Cities are good investment bets'
-Financial Express (14th Nov, 2015)
Despite the real estate sector going through a rough patch for almost an year, it still makes sense to invest in properties which promise a long-term return.
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Infrastructure makes a city worth investing and also drives the real estate growth. Vikas Malpani, co-founder, Commonfloor finds Bhiwadi, Jaipur, Ghaziabad, Delhi (L-zone) and Faridabad as good investment picks in North India as infrastructure is one of the major factors that is driving real estate growth in most of the mentioned cities.
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The proposed Metro connectivity with other parts of NCR and two industrial zones in and around the area are expected to give a major push to the realty sector in Ghaziabad in the coming months. L-Zone in Delhi is situated in a strategic location in the south west of Delhi with close proximity to Dwarka, Gurgaon and IGI Airport. Low land prices and DDA’s Land Pooling policy are expected to be the major growth drivers of this region. Realistic property values, good connectivity coupled with upcoming infra upgrades, has put Faridabad as the next hotspot in NCR. It enjoys connectivity to other cities such as Mathura, Palwal and Agra via NH-2.
For Complete Article: Click Here
-Financial Express (14th Nov, 2015)
Despite the real estate sector going through a rough patch for almost an year, it still makes sense to invest in properties which promise a long-term return.
.
.
Infrastructure makes a city worth investing and also drives the real estate growth. Vikas Malpani, co-founder, Commonfloor finds Bhiwadi, Jaipur, Ghaziabad, Delhi (L-zone) and Faridabad as good investment picks in North India as infrastructure is one of the major factors that is driving real estate growth in most of the mentioned cities.
.
.
The proposed Metro connectivity with other parts of NCR and two industrial zones in and around the area are expected to give a major push to the realty sector in Ghaziabad in the coming months. L-Zone in Delhi is situated in a strategic location in the south west of Delhi with close proximity to Dwarka, Gurgaon and IGI Airport. Low land prices and DDA’s Land Pooling policy are expected to be the major growth drivers of this region. Realistic property values, good connectivity coupled with upcoming infra upgrades, has put Faridabad as the next hotspot in NCR. It enjoys connectivity to other cities such as Mathura, Palwal and Agra via NH-2.
For Complete Article: Click Here
Price trends in neighboring areas
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Gurgaon New (Upcoming) Sectors, Harayana
The new sectors of Gurgaon in which the construction has already begun are right adjacent to L Zone. You can literally stand in L-Zone and see the Gurgaon sectors coming up. The prices in the area (Gurgaon) were merely a fraction of what they are now when the projects had just come into the market. The prices were as low as Rs 1900 PSF/- in one of the sectors ( Centrum Park by India Bulls in Sector 103 of Gurgaon). It has been just a matter of 2-3 years that the graph of escalation has taken a deep curve towards touching the sky.
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Dwarka, Delhi
The already settled Dwarka which was in its initial stages of building was not so popular has now become totally out of the reach of a service class personnel. Dwarka was not ideal for living initially because the Palam Flyover had not been constructed then. To reach Dwarka, one had to go through the congested areas of Palam. After the flyover was constructed, the prices shot up exponentially. Dwarka is now considered one of the most luxurious location for living because of the ease of accessibility, metro, traffic management and other related factors. The flats that initially costed about 12-15 lakhs are now touching 2 crores.
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WHY L Zone, delhi ?
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The Property is in DELHI itself, thus has an advantage over all the properties in the NCR
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L Zone is adjacent to Dwarka and is the next upcoming part of the South Delhi. L Zone's promising future is owed to the potential connectivity that is, two expressways that shall pass through it further making the IGI Airport a 10 minute drive.
L Zone is a potential region being sought after by investors and private developers. Private developers have acquired hundreds of acres in Residential areas of the L-Zone. This enables them to commence housing projects once the MPD-2021 execution begins. Encompassing 21933 hectares, L-Zone has 10322 hectares of green cover and 11611 hectares that is available for urbanized development.
Once the MPD 2021 execution begins, the land owners (also referred to as 'Developer Entity') shall get a percentage of land back (referred to as 'Developed Plot') in lieu of their and surrendered to the DDA as per the Ministry of Urban Development Notification dated 05 September 2013. The land returned to the Developer Entity shall be 48% to 60 % of the agriculture land initially surrendered by them to DDA. Once a Developed Plot (a percentage of the actual land surrendered to the DDA) is allotted to the Developer Entity by the DDA, the Developer Entity can take the necessary approvals and commence the construction work.
L Zone is a potential region being sought after by investors and private developers. Private developers have acquired hundreds of acres in Residential areas of the L-Zone. This enables them to commence housing projects once the MPD-2021 execution begins. Encompassing 21933 hectares, L-Zone has 10322 hectares of green cover and 11611 hectares that is available for urbanized development.
Once the MPD 2021 execution begins, the land owners (also referred to as 'Developer Entity') shall get a percentage of land back (referred to as 'Developed Plot') in lieu of their and surrendered to the DDA as per the Ministry of Urban Development Notification dated 05 September 2013. The land returned to the Developer Entity shall be 48% to 60 % of the agriculture land initially surrendered by them to DDA. Once a Developed Plot (a percentage of the actual land surrendered to the DDA) is allotted to the Developer Entity by the DDA, the Developer Entity can take the necessary approvals and commence the construction work.