Hottest real estate destination "DDA L-Zone", Delhi- Times of India epaper

Are you a home buyer or an investor planning to buy or invest in DDA L zone? There are few important things that one needs to keep in the mind before booking flats in DDA L Zone offered by DDA  approved societies or  private developers.

What is L zone?

As a step towards cater to the increasing population and the changing requirements of the city, the Delhi Development Authority(DDA) has started working on the Master Plan 2021- L Zone.

Located in South-West Delhi and spread across 22,840 hectare of land. Its close proximity to IGI Airport, Metro- connectivity and is strategically positioned between Dwarka and Gurgaon.

The L Zone is expected to give an much awaited push to the slow and stagnant real estate market of the national capital.

Under the Masterplan Delhi - 2021, DDA has divided Delhi into 15 zones wherein ‘L’ Zone is the largest. It could also be termed as “heart of New Delhi”.

 Najafgarh is the only census town in the zone. “At present the zones are open for buying land, wherein the housing societies and most of the private developers are coming forth with their investment plans, and majority of them have already bought land” says Karan Oberoi, director, United Constructions, a Delhi-based Developer & consulting firm.

Once DDA will announce the land submission date, the land owners of L Zone will submit the land to DDA out of which the authority will take 40 per cent of the total land area for development of roads, drainage, sewerage and other civic amenities.

“ Once developed, the developers/housing societies will be allowed to start their construction plans” Oberoi added.


Guidelines for buyers

o    Under the Master plan, there will be two categories of buyers - land buyers and home buyers.

o    The home buyers, including individual investors who are taking interest in the real estate market here should make sure that the developer has the necessary approvals. “When it comes to home buyers, it's an early investment one is making and should know that land pooling policy has been approved by the Gazette Notification no. 2076 dated 6^th Sep 2013, but process of surrender and approval of individual project will start shortly,” adds Kumar.

o   This is the right time to invest in DDA L Zone says Balvinder Kumar, former vice chairman, Delhi Development Authority (DDA), cleared the myths around the policy on Magicbricks’ GuruTalk – a live chat session. 

Invest with caution 

As the L Zone is in the later stages of planning, you will be able to get the benefit of a first-comer, but there are a few things that one needs to take into account.

“As per the Master Plan 2021, any individual investor can buy land but one must ensure to do a recess of the area prior to investment. The buyer must read and understand the land pooling policy aswell,” adds Kumar.

A home buyer must know that the land pooling policy has  been notified and will be operational soon. Therefore, it may take some time for the developers or group housing societies to receive land from DDA for further development.

An individual must authenticate the market reputation of the developer and should also verify the credential of the organisation owners along with their past project deliveries.

It seems to be the right time to invest in L Zone under the DDA Master plan 2021 but the buyer should keep in mind that it may take some time for the actual implementation of the plans on ground by the authority. So, if you are investing right now then there should be a willingness to wait for some years for the investment to grow.

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