About Dwarka Smart City
What is Dwarka Smart City? The Landscape of New Delhi is about the change in 2015 – the DDA has announced that work has started towards creation of three Smart Cities – Dwarka, Rohini and Narela in Delhi’s outskirts – for the creation of almost 21 Lakh new flats across various group-housing societies.
The creation of a smart city in Delhi is great news for the real-estate sector of New Delhi, especially the South-west Delhi, which is expected to get the largest share – almost 14-16 lakh flats out of the above number. Formally called as the ‘L’ Zone in Delhi (or just L Zone) in the Delhi Development Authority (DDA’s) master plan – this piece of real estate is an undeveloped stretch lying at a strategic position between Dwarka and Gurgaon, so it is also called Dwarka L Zone or Dwarka Smart City. Under the development plan, the authority has divided Delhi into 15 Zones – but the L Zone is the largest, and is almost entirely undeveloped – Najafgarh is the only census town in the entire Zone, so it is the most lucrative (commercially) real-estate as well.
It would be especially lucrative since it getting developed as a smart city. A relatively new concept in India, it means that the Dwarka Smart City would be developed as a technology driven space with world-class facilities including Hospitals, Schools, Commercial complexes, green spaces and energy-efficient structures getting uninterrupted power, water and wi-fi connectivity. While the private builders will provide things like parking lots, schools and hospitals, the DDA would be responsible for creating the base infrastructure – the road, the sewage and water treatment plants and green spaces.
Many housing societies and private developers like DLF, Omaxe, Ansal, Parshvnath, Tata Housing, Emaar MGF, Ireo, Raheja, Unitech, Godrej etc. are coming further with their investment plans, and majority have already bought land.