Revanta Smart Residency L-Zone Dwarka Delhi

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According to Master Plan Delhi 2021, the L-Zone is an area in West Delhi identified by DDA (Delhi Development Authority) and urban development ministry to make it a huge sub-city in future for the purpose of providing accommodation to over 2 million people. The location of L Zone is not only very close to West and South Delhi but it also shares boundary with millennium city Gurgaon. Due to its proximity to the IGI Airport, Metro train, Dwarka expressway, IP University and upcoming AIIMS, L Zone Dwarka would be the most desired residential area in coming years. DDA is also planning to build Delhi’s biggest Golf Course in Zone L to offer the high standard of living to everyone.

Area and Location Specifications of L-Zone

  • As per MPD 2021, the L Zone will cover an enormous area of 22,979 Hectares.
  • As per MPD 2021, the L Zone will cover an enormous area of 22,979 Hectares.
  • In the north side, the zone will be surrounded by NH-10 / Rohtak Road and Railway line.
  • East side will mainly have Zone K of Dwarka Sub-City.
  • In South and West it touches National Capital Territory of Delhi boundary.

The basic objective of setting up L Zone under Master Plan Delhi 2021 is to improve infrastructure, connectivity and accessibility to the urban centers falling in the zone and nearby villages while preserving Delhi’s natural resources and maintaining ecological balance of the area. To serve the purpose Delhi government has identified a green belt along the NCT Delhi boundary.

Why to invest in property in L Zone Delhi?

If you are looking to invest money in Delhi Real Estate, property in Zone L is the best bet to reap huge long term benefits in terms of return on investment on property. The prices of flats in L Zone are quite low today but as the infrastructure projects will take place the property prices in L-Zone Delhi are bound to go upwards.

Land Pooling Policy in L-Zone Delhi

In Sep 2013, Ministry of urban development India and Delhi Development Authority (DDA) had approved the new land pooling policy to speed up the process of acquiring land for residential, commercial and infrastructure projects. The primary aim for new land pooling policy is to give more power to the land owner and their consent is necessary before the selling of land. There were so many irregularities in old policy, and according to experts, it is the main reason behind the years of delay in completion of infrastructure and housing projects. It is also a major roadblock in the growth of real estate industry and implementation of future projects. To sort out all the issues, the DDA came up with the new land pooling policy on the date of 5th of September 2013. The new policy will help building better infrastructure for the future, producing more housing units for the increased population and attracting more investment from private sector companies.

Details of New Land Pooling Policy

Under this new Land pooling policy, a central pool of land will be created by DDA where all the land owners will be able to surrender their land and become a partner in all the future real estate development that may happen on their land. Once the land pooling process is done, the landowner may get back anywhere in between 40% to 60% of their total land as developable land. The other part of the land would be retained by DDA for the purpose of building infra-structure and various commercial purposes.

Basically there would be two types of pooling

• First, owners of 5 to 49 acres of land would get back 48% of land pooled.
• Second, 60% of land would be returned to those who have 50 or more acres.

According to real estate experts, the Delhi master plan 2021 is one of the biggest property investment opportunities in India that should trigger the growth of Real Estate industry. The newly created zone will have all the facilities of a smart city. As per MPD 2021, the city has been divided into 15 zones from ‘A’ to ‘P’ and these zones are estimated to accommodate more than 22 million people by delivering around 2.2 million homes. And the new land pooling policy will certainly help to implement such an ambitious development plan.

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