Why You Should Invest in 2017 in Delhi Smart city – L zone.
Benefits of Investing in Delhi Smart city – L Zone (Dwarka Extension).
L Zone which is also considered as “Heart
of Delhi” is one of the most significant areas of West Delhi and from real
estate perspective also it is very beneficial spot as it is major connector of
Gurgaon to Dwarka and vice versa, and is also fourth major connector to Delhi
and Gurgaon and vice versa following NH-8, Mehrauli-Gurgaon Road, Dwarka
Expressway & Urban Extension Road 2 (UER-2).
Considering
the benefits of this place, it is being considered as favourite to the real
estate developers and investors as well as the home seekers are also find it
alluring. Though, on internet, the information regarding this place is old or
not exactly what it is presently. It has transformed rapidly from time to time
and still going through development in a way to become one of the finest spot
of the Delhi/NCR area.
Having
said that, let’s directly jump on the points which make it an ideal option from
investment point of view:
♦
Also known a Urban Extension Road, it is the 3rd Ring Road & 56
kms long and 150 metres wide stretch which is a major and swift link road which
connects NH-8 to Nh1 & major parts of Delhi/NCR such as Delhi, Dwarka,
Narela & Rohini. It starts from near Mahipalpur (Shiv Murti) NH8 and ends
towards NH1 near Karnal. New Sectors are developed close to it which consists
of umpteen of residential and commercial projects as well as social
infrastructures.
♦
It is host to best in the world class developments by major builders of the
real estate industry in Public Private Partnership model(PPP) ( and more than
1000 residential projects to be developed in its precinct which is projected to
be home to around 20 Lacs families over here. In these projects mostly Investor
have shown immense interest in these project & already invested in numerous project and
home seekers and remaining is up for sale by the developing builders for the
people who want to reside here or invest.
♦
The prices of properties here are to witness sharp jump in coming months/years
and it is expected to go way more up considering its development plan and
advantages. According to the reports the prices here has seen growth from Rs
3226 per sq ft in 2013 to Rs 5000 in 2017 and by 2020 it will be around 8000 –
12000 per sq. ft.
♦
Also, according to a report by India times, it is expected to the area with
highest number of housing units (around 24,16,000) by the year 2021 to 2028.
♦
Topmost builders of the real estate sectors such as United One, Raheja, DLF,
Godrej, Sobha, Tata, CHD, Bestech, Mahindra, M3M, Emaar MGF, and many others
will be developing here in various sectors close to it.
♦
The construction of Metro Rail for both Urban Extension Road-2 (UER) Nothern
Peripheral Road (Dwarka Expressway) has been approved by the government.
♦
Infrastructure speed is likewise going at very high speed all over the smart
city and even the construction work of sewer lines, electricity cabling and water
supply is almost started & in its beginning stage here.
♦
Not only the concern of residing but all other factors regarding an ideal life
such as education, healthcare facility, hospitality, etc is considered well
here in the India’s First Smart City and the land have pooled by DDA through
Land pooling policy & major Countries to bestow their service here. Even
the development of Upcoming Diplomatic Enclave is going rapidly and even they
have put their layout plan of the development they are proffering here.
♦
The adjoining areas of Delhi Smart city- Lzone fall under Gurgaon – Manesar
Masterplan 2031 and being constructed in a superior way which adds more charm
to the beauty of this place. Also, the construction of smooth and wide roads is
almost in completion stage while many of them are completed and operational.
Hence it ensures better and smooth connectivity to the major areas of Delhi/NCR
from here.
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