New Delhi [India], March 17 (ANI/Mediawire): If you look at the appreciation and growth index of Delhi-NCR, you will be amazed to know that plot rates in most areas of Gurgaon have appreciated by over 1000 times in the last 30 years and over 2 times in the last 2 years.
According to a report by the National Housing Bank, the price of plots by HUDA and DLF, which were formerly reserved for 100 to 150 rupees per square yard, has now increased to Rs. 1,00,000-2,50,000 per square yard. This shows that the cost of residential and commercial plots has been gradually rising throughout Delhi/NCR.
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According to realty experts, the land has been an excellent old investment option for a long time with potential higher gains. The demand for residential plots has grown quickly as a result of the high speed of infrastructure projects, the creation of white-collar and blue-collar employment, the lack of permitted housing and commercial developments, rapid urbanization, and the migration of rural families to cities.
Keeping these factors in mind, the realty giant raheja.com has recently launched World of Plots comprising residential mixed land use, DDJAY, SCOs, Farmlands, Group Housing Plots for Builders and Societies and even Schools. India Rashtra, Akshara, Aranya, Riyasat, and Vanya SCOs are some such schemes under “World of Plots” schemes to offer a variety of plotted development options for those looking to construct their own homes at different sizes.
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World of Plots offers 70 sq. yd to 10000 sq. yd sizes with a price range of Rs 40 lakhs to Rs 40 crores. Raheja Developers has been in the real estate business for more than 30 years, making it one of the biggest companies in the sector.
Raheja Developers is a brand you can trust since they have a history of completing projects totaling more than 30 million square feet and have another 20 million in the works for high-end real estate. The group is currently aggressively focusing on launching plotted development projects for builders throughout the prime locations of Gurgaon, Sohna, and Panipat, such as along the Dwarka Expressway, Delhi Jaipur Super Expressway, Sohna near KMP, Delhi Mumbai Super Expressway, and NH1 in the Heart of Panipat. These projects will include residential, commercial and SCOs, farmlands, large group housing, and commercial plots.
Neeraj Matta, President, Sales Raheja Developers, said, “The plots in Raheja are available in a variety of sizes and types to suit your needs. Whether you are looking for a plot or farm to build a weekend home or a large plot to construct floors with a basement you can rent or sell each floor separately with a separate floor registry or you can buy a farm of your own just 5 mins away from Dwarka Expressway.”
According to Santhosh Kumar, Vice Charman at Anarock, investments in plots have unquestionably been regarded as the finest asset class in real estate due to greater appreciation and a strong return on investment. After the 6-lane elevated corridor between Rajiv Chowk and the New Gurgaon has been operational, the city’s strategic location along the Expressway and Sohna will provide investors with exceptional capital growth.
Rakesh Yadav, CMD, Antriksh India, “The realty players like us believe that in recent times, the demand of plotted developments has seen the maximum appreciation with prices across NCR jumping 2-3 times, thereby creating enormous wealth for the investors and continues growing. This reminds me of the late 80s when prices of plots and lands had started doubling almost every year. This high rate of appreciation in property prices is the reason behind the investor’s positive affinity toward these areas.”
This trend is likely to increase further, especially along the Dwarka Gurgaon Expressway (soon to be operational) and Sohna Zone. So, investing in developing prime locations like Sector 88A, 99 A, and 102 or Farmlands with min 10 meters (33feet) wide Road that allows getting CLU under Haryana’s LDEF Farmhouse Policy for one Acre and above will certainly shoot up tremendously and prove to be advantageous every day.
With the vision to encash such a golden opportunity, the realty giant www.raheja.com (available at +91-9164001144) has come up with very unique ‘World of Plots’ scheme to offer for RERA-approved or ready possession residential and commercial Shop Cum Office (SCO) plots and farmlands eligible for CLU’s with the price range starting from Rs 40 lakh going up to Rs 40 crore in different sizes.
The www.raheja.com “World of Plots” is being regarded as the only ideal option for residential, commercial, and industrial development because these projects are situated in the most prestigious areas of Dwarka Gurgaon Expressway and Sohna, including upcoming world-class infrastructures like Asia’s largest convention centre and golf course; Dwarka Sub City is approximately 10 to 15 minutes away from Raheja India Rashtra and Vanya City; and with already operational Eastern and Western Peripheral roads.
These plots are part of a gated community that is well-maintained and has amenities including a grand entrance, wide roads, beautifully manicured green spaces, solar-powered lighting, three tiers of security, sports and recreation facilities, WI-FI, and 4G/5G trap cameras. There will also be special clubhouses for residents in a few of the planned towns.
Abhinan Kaur, Regional Head, Urban Money, who has shown interest in investing in Vanya City, Sector 99A, said, “I am very much inspired with such gated community where all social infrastructure is under one roof. After visit, we decided to buy/invest in plot size of 113 sq. yard.”
“As demand picks up by double/triple fold in the recent past especially in Gurgaon and Sohna of Delhi/ NCR region, today buying a plot is an excellent investment that appreciates well in the long term. Plus, one can choose how and where they want to build their house. For example, under DDJAY a plot purchased at Rs. 45000 per sq yard last year has gone beyond Rs. 95, 000/- per sq. yd in Gurgaon and continues to appreciate.” Abhinanda Kaur opines.
Saransh Trehan, MD, Trhan Homes Developers, said, “We are also in the line of plotted development at the different locality of Gurgaon like Golf Course Road, Golf course Extension Road. The reason is the residential plot as an investment option continues to top in appreciation list with an average of over 800 per cent of an increase in value in the past 30 years. For home buyers, plots are the perfect pick when it comes to investments, as it not only provides the stability of life that they are looking for but also get them one step closer to build their dream home.”
Navin Raheja, CMD, Raheja Developers, said, “Land, being limited in supply, will almost always rise in value thanks to the increasing number of investors/buyers looking to buy/invest in our world-class realty projects. Hence, this is the perfect time for you to invest in plots and stay ahead of the times. Moreover, it has been observed that the appreciation rate of the value of plots is always more than apartments or other built infrastructure.”
Raheja Atlantis along the Delhi-Jaipur Highway, Raheja Mall on Gurgaon-Sohna Road, Raheja Atharva and Shilas, Raheja Navodaya and Sampada, Raheja Vedaanta, Vedas and Vedaanta Independent Floors along the Dwarka Gurgaon Expressway were all incredibly successful. As a result, the group is now creating high-end plotted developments of both residential and commercial projects in Gurgaon and (sectors 11&14 Sohna).
There are several reputable builders present here who have finished, launched, or are releasing planned developments, including DLF, Raheja, BPTP, Bestech, M3M, Trehan Group, Satya, Godrej, TATA, Sobha Developers, Vatika, Signature Global, more. Home purchasers are now excited about the possibility of choosing plots or separate floors. As India Rashtra has a 2.64 authorized FAR as opposed to the 1.5 permitted by DTCP in other developments, there is no need to acquire extra FAR to build stilt-plus multi-floor buildings.
It delivers a specific brief, assured appreciation swiftly and provides an upscale ambiance at a very affordable cost. Commercial plots, in addition to residential plots, are currently seen as a sought-after asset class for millennial investors trying to diversify their portfolios as investors turn their focus to high-street ventures.
For booking of plots of any type residential, commercial, farmlands, SCO plots, GH plots for builders, please contact +91-9164001144.
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