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About Dwarka Extension Smart City New DELHI in , New Delhi
This City would be INDIA's first Smart CityIn l Zone DDA has planned to develop smart city which is NARENDRA MODI'S dream project
It would be either DWARKA PHASE 2 or DWARKA EXTENSION.
Large no. Of Private Developers and Socities had already bought Land in L zone . They are only waiting for Land Pooling Policy by DDA . After that in few months work would start in this area.
Currently SDMC {SOUTH DELHI MUNICIPAL CORPORATION } is currently changing the land use.
Currently rates of flats are between 3500 -4500 { in starting of 2015} sq. feet. which would go upto 8000 - 10000 sq feet after the policy is passed by the UNION DEVELOPMENT MINISTRY. So in this year this zone would be the hot market as investment purpose .
Under the development plan, the DDA authority has divided Delhi into 15 zones wherein ‘L’ Zone is the largest and boasts Najafgarh as the only census town in the zone. “At present the zones are open for buying land, wherein the housing societies and private developers are coming forth with their investment plans. Where majority have already bought land, many are still looking to obtaining the necessary approvals from the authority,” says Partho Kunar, director, Suhaskrit, a Delhi-based consultant firm.
Once the approvals are received, the land owners of L Zone will submit the land to DDA out of which the authority will take 40 per cent of the total land area for development of roads, drainage, sewerage and other civic amenities. Once developed, the developers/housing societies will be allowed to start their construction
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