Monday, 13 February 2017

Rural belt likely to transform into world-class sub-city


The implementation of the land pooling policy in seven zones of Delhi will not only create huge opportunities for home buyers but will also transform the rural belt into a world-class sub-city, say real estate experts.

These zones — J, K- (I&II), L, N, and P(I & II) — are located in the south, west and north Delhi.

Around 90 villages adjoining Najafgarh, National Highway 8, Najafgarh drain, Dwarka, Mehrauli Badarpur Road, GT Karnal highway, Alipur, and Burari are part of these seven zones.

At present, all these villages come under the rural belt of Delhi and their land is mainly used for agricultural purposes. Except for the vast expansion of agriculture land, there are Lal Dora areas (village clusters) where farmers reside.

Property dealers are of the view that the whole landscape will change as big townships, medium and small group housing projects, shopping centers, educational institutions, sports centers will be constructed on these agricultural lands.

“The whole area will be changed beyond imagination. For the first time, this policy will allow thousands of multi-story buildings of 20 to 30 floors to be constructed by private developers. At present, almost all highrise buildings, be it Dwarka or Mayur Vihar or any other area, have been constructed by co-operative group housing societies and so they have a conventional look. But once private developers come into the fray, home buyers can expect world-class architecture and amenities,” says Vimal Jindal, a property dealer in north Delhi.

Besides residential and commercial construction, the DDA also has big plans for the land pooling area. “We will try to develop world-class infrastructure in the area. We will appoint a project management consultant for the whole 20,000 hectares land which comes under the land pooling policy. The consultant will work to develop world class infrastructure to make this whole area into a smart sub city of Delhi,” says Balvinder Kumar, vice-chairman, DDA.

Source: https://goo.gl/CIbsGs

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