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This happens once in decades, Smart City Delhi. Such type of future investment plan when come on the market the early investors plan to buy the property and gain much more in the upcoming time. www.iramya.com
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DDA Approvals Land Pooling Policy on Regulation to Operationalize DDA land pooling policy is a bonanza, as the authority in the next few years is set to unleash 20 lakhs units of residential to come up in L-Zone in Delhi. The housing plan will take place on 24,000 hectares of land with world-class infrastructure. A consultant will oversee the development of the infrastructural said by a senior official and others will take care in the requirement facilities on the road and transport. To prohibit the plan of creating a housing pocket in the city by the private developing estates and the sale of lands without the consent of owner’s. The land pooling policy has been developed gradually based on the principles, equality and participation in urban growth, though the land falls in the green or road or any other areas wherever the land policy will be applicable. According to the DDA, this step will be the proved as the real development in the capital region of Delhi and on the line of Noida, Gurgaon and Faridabad. The construction of the five to six lakhs new residential units will continue till 15 years. The Delhi Development Authority also plans to give the basic facilities like water, health, sewerage, education and other amenities. The remaining portion of land will give back to the original owners for the development. As per the DDA officials the authority to reserve land at many areas, including the J, K, L, N, P1, PII for development. The master plan projection estimated the residence for the 23 million people is nearly 24 lakhs residential units by 2021. DDA has acquired nearly 75,609.84 hectares of land in the last 50 years and succeeded to develop it as the residential, institutional and commercial purpose. Now the authority with better and holistic planning intends to set a new record and provide more and more amenities for the people. http://www.iramya.com/