Delhi Development Authority (DDA) is working on master plan of L Zone. L Zone is located in South- West Delhi and covers 22,840 hectare of land. In future L Zone is expected to give a boost to the slow and stagnant real estate market of the national capita. Geographically it is close to IGI Airport and is positioned between Dwarka and Gurgaon.
Under Delhi Development Plan (DDA), the authority has divided Delhi into 15 zones amongst all L zone is the largest. Presently the area is open for buying land, wherein maximum numbers of investors are coming with their investment plans. Where majority have already bought lands and many are still looking to obtain the necessary approval from the authority. Once the approvals are received, the land owners of L Zone will submit the land to DDA. After which the authority will take 40% of the total land area for development of roads, drainage, sewerage, and other civic amenities. Ones these plans are developed, the developers or housing society will be allowed to start their construction plans. 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. So, if you are investing right now then there should be a willingness to wait for some years for the investment to grow.
Major Attraction of L Zone-: The booms in residential land prices of L Zone are likely to be higher than other zones. The zone has several attractions like proximity to the airport through Dwarka and access to Gurgaon. L zone have close proximity to the forthcoming 173-acre 18-hole golf course, and the planned second diplomatic enclave in Dwarka attracting VVIP security and its excellent ambience. Several constructions like Tourist Complex, an adventure sports complex and an eco-park in village Kanganheri, two wide roads i.e. UER I & UER II are advantage and attraction to this area. A new four-lane road from Dwarka to Dhansa-Badli-Jhajjar covering a 43km stretch that enables most of this area easily accessible by well-constructed metal road.
According to experts from Aliveasset, in near future this area would be competitive with the well maintained areas of area South Delhi. As far as land prices and demand is concerned, the area is also in close proximity to South Delhi. For end users L zone may not be the right place for next 2 to 3 years, as it will take around 5 to 8 years to develop the entire basic infrastructure there. But for investors this is the best place and one must go for it because L zone will provide great return on investment in long term. Among property buyers and real estate developer L Zone is the most popular zone. Many builders of Delhi- NCR have already launched their residential projects in L zone. The property prices of L Zone are relatively low as of now but rising with every passing month.
L Zone- Biggest Smart City in Delhi:- L Zone in Delhi has been identified by the government as the place for developing biggest Smart City in Delhi by DDA. Huge populations of individuals are bound to get attracted to live in such a modern and advance city. The investment option in Smart City Delhi is not only good from investment point of view but has an excellent reward attached to it i.e. beautiful house in the most modern and hi tech city with cleanest surroundings. The Smart City will have digital technologies to enhance performance and life standard to reduce costs and resource consumption. This city will boast of 100% power, 100% web connectivity, 24×7 water supply and high frequency mass transport.