There has been always a huge rife speculation on the real estate prices especially in the capital of India, New Delhi. One can never be too sure about the investment one decides to make in property. In the event of a steep fall in price of the property purchased, the investment literally depreciates to zero.
Considering all this, the Master plan 2021 of Delhi brings to you a lucrative investment opportunity in L-Zone which is strategically located near West Delhi and is near to South Delhi as well. It is close to the IGI airport, Dwarka Expressway and is more conducive to people travelling to Gurgaon for work. It is also near to the IP University and the upcoming AIIMS hospital alongside the Delhi Metro network.
It is a byproduct of another public-private partnership and is targeting the demand for close to 24 lakh houses by year 2021. The sizes are kept in the range of 3-20 hectares depending upon the purchasing power bestowed with the people residing in the nearby areas and surrounding villages who could look for a possible residence here. DDA has also allocated a 900 acre land for a water reservoir to take care of the shortage. This location is supposed to house close to 2 million people which certainly is a massive portion of population residing in Delhi and should help attain some level of balance in urban and semi-urban population living in Delhi. It is a prime location to invest your money as the prices are sure to surge upwards with time due to developments all around the project and its subsequent progress to finish.