If
you look forward to put in money in the L-ZoneDelhi, here are some crucial pieces of information that you must remember
A Brief Overview
As
needs of accommodation in Delhi are rising, the DDA has come up with the L-Zone,
a region situated in South-West Delhi as a part of the strategic division of
Delhi into 15 zones. This area covering 22,840 hectares will hopefully bring
momentum in the presently quiet real estate in Delhi. Its location between
Gurgaon and Dwarka, and proximity to the IGI Airport, gives it an edge over
other zones in investment and housing.
As
soon as the DDA has approved the policy, it will take over 40 per cent of the
land area for civil developments such as drainage, roads and sewerage. The investors
will be able to begin construction in the remaining area once these facilities are
complete.
Look Out As You Buy
As
a part of the new policy of Delhi SmartCities, the L-Zone has become a center of interest among investors, for
both land and homes. While most investors have already purchased land, there
are several who are awaiting the final approval from the authority. You must
closely read the policy before buying a home. Moreover, make sure that the
developer has all the required approvals.
According to the L-Zone News, although the policy stands notified, the project is
still awaiting approval. So, ensure the authenticity of the concerned
developer, and be ready to wait for a while before your plans with the
investment can be implemented.
