L Zone Plan Highlights

The largest zone of Delhi is known as L Zone, situated next to Diplomatic Enclave 2 in Dwarka, Delhi is all set to be the capital’s ambitious smart city, which will influence digital technologies to improve performance and life standard to reduce costs and resource utilization and also to engage more effectively and actively with its residents. This city will boast of 100% power, 100% web connectivity, 24×7 water supply & high frequency mass transport.

Delhi Master Plan 2021 introduces the concept of ‘Land Pooling’ for the first time. It is the answer to millions of dreams and hopes pinned upon DDA. And, they’ve delivered it this time. The L Zone is at the heart of everything good.

Drive to either side to reach Gurgaon, IGI Airport or Dwarka sub-city in a matter of couple of minutes. It is the tactical location what makes all important places accessible from one point. The connectivity factor is a big advantage for residents. The L zone would solve many of the common issues faced by middle-class families living in Delhi: space-bound issues, long journeys to far-away places in NCR and lack of basic amenities etc. They’ve already been forced to move out of the city. It is the right time for them to invest in a project which is backed by DDA and developed by reputed housing societies. Families can find a shelter in Delhi for the same reasons what prompted them to move out, in the first place. The L-zone is the best designed sub-city in terms of connectivity and affordability.

The main advantage of investing in L-zone is its geographical position. DDA has planned these sub-cities for families that enjoy living in Delhi. It offers inexpensive housing specifically designed to cater to requirements of middle-class families. The sole objective is to build planned homes focusing on land conservation and capitalizing on natural energy to keep the surroundings clean & green.

Location Advantages

• 0 km from Golf Course & Football Stadium

• 2 min from UER I & II

• 5 min from upcoming Diplomatic Enclave

• 5 min from upcoming Dwarka-Gurgaon Expressway

• 10 min to forthcoming AIIMS-2

• 10 min from IGI Airport & NH 8

• 10 min from IP University, NSIT & NLU

• 2 km from Dwarka Sec-21 Metro Station & N. R. Mega Terminal

More details on http://www.dreamzresidency.co.in/l-zone.php

Dwarka-Gurgaon Metro Line Approved- L-Zone Just 3 Stops left from Gurgaon

Haryana chief minister, Manohar Lal Khattar established the news of state approval to execute the Dwarka-Gurgaon metro line project. This project will be implemented by DMRL (Delhi Metro Rail Corporation) from Dwarka Sector-21 to IIFCO chowk in Gurgaon Haryana. The way will cover Dwarka Sector-21, Palam Vihar, Kapeshera, Udhyog Vihar and IFFCO Chowk.

There is frantic need of metro connectivity to Gurgaon to decrease the traffic on Delhi-Gurgaon Expressway and Mehrauli-Gurgaon road. The projected metro line will make travelling easier and make a different connectivity to reach Gurgaon, a long awaited relief for Delhi Gurgaon commuters. It is expected that 11000 trips per hour will be witnessed in peak hours. The lack of public transport including busses in Udhyog Vihar made it too cumbersome for people to commute. Employees have to incur the car and cab cost to reach their workplace making it too exclusive. The metro extension was in limbo for three and half years but finally a sigh of joy for locals. Commuting time between Dwarka and Gurgaon is under 10 minutes now and more importantly cheap, which would translate into good saving both in terms of time and money.

This news is going to bring much needed boost in assurance of people, who have invested in L Zone Delhi & have been very sad over delay in urbanization of land pooling villages by Kejriwal’s Delhi Govt.

Content Source from http://www.dreamzresidency.co.in/blog1.php?edit=22

DDA Housing Scheme 2016

Delhi Development Authority has announced the plans about its upcoming DDA housing scheme 2016. The authority will offer flats in 18 projects in areas like Vasant Kunj, Dwarka, Narela, Kalkaji, Jasola and Rohini in 2016 housing scheme.

Delhi Development Authority Housing Scheme 2016 – Latest updates, news, happening and events about the DDA housing scheme 2016 such as launch dates, application forms, registration procedure and much more.

DDA 2016 Housing Scheme is a much awaited housing scheme under which the authority is planning to offer about 60000 flats for EWS, LIG, MIG and HIG categories in different areas of the capital city.

Delhi Development Authority delaying its upcoming housing scheme for 2016, was to be launched in the month of May.

According to the information, the next housing scheme of DDA may launch in the month of July or August but the authority has not declared any date for the launch of the scheme.

Due to the delay in the data collection of older flats of DDA Housing Scheme 2014, the launch of new housing scheme of DDA has been delayed. The vacant flats of DDA Housing Scheme 2014, will be included in the upcoming housing scheme.

According to the statement of DDA officials, around 10,000 surrendered flats of DDA scheme 2014 will be included in the new housing scheme 2016. And these flats will be available in the older price and there is no probability of hiking the price of these flats.

The last scheme of DDA launched in 2014, got great response form the seeker but due to small size of flats and lack of public transport, most of the allottees had surrendered the flats. And these surrendered flats are vacant and the DDA has decided to include these flats in its upcoming scheme.

According to the statement of DDA officials, the price of these flats should be increased by ten times as these flats were constructed in the 2014.

But the DDA is trying to balance the level of the rate of surrendered flats so that the people who are seeking for a low cost house can purchase these ones easily.

Content Source from http://www.dreamzresidency.co.in/blog.php

Land Pooling Policy

Land Pooling Policy has been permitted by the Ministry of Urban Development; vide S.O.No - 2687(E), on 5th September 2013. This policy purpose to avoid, selling of land without the owner’s approval.  This policy assures fundamental changes in the way of attainment and development of land in Delhi.

The first Master Plan of Delhi was formulated in the year 1961. The policy then of DDA’s was to acquire large chunks of land, directly from the land owners, at a price determined by DDA. DDA would then undertake the master planning and then sell / develop the land, piece by piece. When the land valuations were nominal, this process was suitable.

In the 1960’s, the private sector wasn’t strong enough in the economy to shoulder the responsibility of urbanization & housing. Hence, the government took on the liability, and the land acquisition became the norm. From the 1980’s, the private sector through their incremental ability rightfully started seeking a larger role. In the past couple decades, the demand surge from the customers really made the supply from the government stable insufficient, and hence, the majority of supply was created by the private sector.

The land valuations rose amazingly under this increased demand, as well as the higher spend & investment appetite. The government continued to rest on the provisions of the Land acquisition Bill 1894, which was seemingly unfair to the land owners, for compensation as well as analysis. With the many instances which happened in West Bengal, Andhra Pradesh, Haryana, NOIDA etc, it became increasingly clear to the government that forceful acquisition cannot be a tenable & legal method.

Also, the private sector wanted a more free market methodology, as the government acquisition could potentially be a delaying factor for projects.

Hence, this Land pooling policy. Under this policy, land owners can surrender their land asset into the central pool and be a stakeholder to the development proposed on their land. Once the land is pooled, the landowner would get back 40-60% of the total land surrendered, as developable land, “For once, the disputes on undervaluation of land for acquisition would be removed, and the process would seem fair to every land owner, irrespective of the size of their land holding. The 40-60% land that DDA would retain with them would be utilized for creation of infrastructure as well as monetize it against specific purposes, by DDA.

There are two basic types of Land Pooling which have been announced so far

1. 20 hectares and above where 60% of land would be returned to the land owner
2. 02 and 20 hectares, where about 48% of land pooled would be returned to the land owner

According to a proposal, DDA would set up a separate institutional framework with officials from DDA’s finance; accounts; land management; planning; legal and engineering departments. All the plans would be prepared by GIS technology. If necessary amendments would be made in Delhi Municipal Corporation Act – 1957; Delhi Land Reforms Act – 1954; Land Acquisition Act - 1894 and Delhi Development Act - 1957.

The Delhi master plan MPD 2021 is touted to be the largest ever real estate opportunity in the country for the demographic demand, and the administrative commitment provides the triggers for growth. Delhi’s master plan is considered to accommodate an additional population on 10 million people, as well as facilitate the creation of almost 1.6 million dwelling units, and the land pooling policy being the first of the many pioneering methods towards the vision to actuality.

Content Source from http://www.dreamzresidency.co.in/blog.php