What is Lal Dora in Delhi, Can You buy a Residential Property in Lal Dora?
Lal Dora land also known as the Red Tape property, it is the name given to a portion of village land, which was kept for village habitation, also known as Abadi. This land generally was set aside for managing livestock and farm produce. Since the land revenue department had to differentiate this land from agricultural land, they tied a red knot ( Lal Dora) around the area of the village extension, and hence the name Lal Dora is kept.
After independence, such an area was granted relaxation from certain laws and taxes such as house tax, building bye-laws, and construction norms in regards to the Delhi Municipal Act.
Currently, these zones can be figured out by looking at the zonal plan of the region. As of now, Delhi has 362 Lal Dora villages all of which come under Lal Dora Zones.
You can buy a residential property in Lal Dora & SIG RealTech can be of utmost help to you. If you are looking for such information, you have landed at the right place. Even home loans are also offered on Lal Dora properties.
For information in regards to Lal Dora residential property in South Delhi, this may come in handy
- The property rates are nominal which makes it an affordable purchase. So, buying land in a prime zone property which is in the budget makes it the best purchase.
- The location of these areas are quite prominent and are near businesses and metros. This has indeed increased the charm of these places and has made them strategic locations.
- As the majority of Lal Dora properties in South Delhi are situated near some posh localities in Delhi, it is an economical option for people to live in/near such regions of the city.
- The biggest advantage is that with the increase in the number of redevelopment projects, Lal Dora properties will continue seeing an upward trend in property rates.
Lal Dora offers a pocket-friendly option that will eventually help buyers buy flats and plots at much affordable rates which are compatible with similar counter areas.
Hence, in short, It can be said that the Lal Dora area is a money-saving option for middle-class buyers.
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