1 Acre Plots Under the DDA LDRP PLOTS Scheme

1. 1 1 Acre Acre Plot Plots s Unde Under r The The D DDA L DA LD DR RP P PL PLO OTS Sch TS Scheme eme The new farmhouse policy of Delhi Development Authority (DDA) is also a one-acre farmhouse. For the first time the minimum size was 2.5 acres. This may affect property prices in South Delhi, which has come down by 10-15% in the last one year. If you want to buy 1 acre farmhouse in the capital and you do not have enough money, this desire may be fulfilled. In the new policy recently passed by Delhi Development Authority (DDA), the minimum allowance for the farmhouse has been reduced from 2.5 acre to 1 acre. More built-up space will also be approved in the farmhouse. With this, it will come directly in competition with the posh colonies of South Delhi, where builder apartments also have the same cost. Many people did not want to break the rules so far in the farmhouse and now they will come in the market." Jain said that with a new step to regulate all Farmhouses In Delhi NCR with penalties, the attitude of the farmhouse will change. In the last one week, the number of queries received by the Jain team has increased considerably and many people are showing interest in the 1-acre small farmhouse.

2. Farm owners have begun to increase prices in some areas. People are demanding 20-25% more price by breaking the big farmhouse in small sizes and with the possibility of getting more built- up area." According to an estimate, there are more than 2,700 farmhouses in Delhi. Their minimum size is 2.5 acres. Some farm houses are also in 5-7 acres. With the approval of the small form now, brokers expect that this number may be at least double in the near future. In the new master plan of the city, it is expected to become a new farmhouse in the new areas coming up like the green belt of Delhi. At present, the price of land in Ghetikara, Kanganhari, Nankhedi, Raghupur and other villages near Gurgaon is 5 crores per acre. Is less, which is less than South Delhi. Many developers and investors have purchased land in the Green Belt in the last few years, which can now be developed like the Gated Farmhouse Community on the lines of DLF Chhatarpur Farms Floral Farms and West End Greens. The supply is expected to increase and the prices of the land will go up too, but in large numbers now it will come in people's budget.' Increasing interest of the people in the farmhouse will affect the markets of high-end apartments and villa in South Delhi and Gurgaon. 1 acre Plots will be called country homes. These will have floor area ratio (FAR) 20, which was said to be 15 before. More FAR can also be taken by giving extra charge under the new policy. Senior DDA officer has given this information. At the same time, in the old farm house, more FARs are being used, they are being regulated by fines. The farmhouse in Delhi is only allowed in the green belt, but the government has not yet identified the green belt area for Country Holmes. DDA LDRP PLOTSofficials said, 'Separate notifications can be issued for this.