K-1 zone is developing into one highly
anticipated structure! The growth on investment has been immaculate. The
location, positioning and accessibility of this zone have made it a dream place
for several people looking out for homes. Ever since MPD 2021 (Master Plan
Delhi) was announced, the development work initiated and the kind of services
and amenities that are ought to be provided, the anticipation levels rose
dramatically. It is no secret that the k-1 zone that comes under MPD 2021 has
been a much awaited project that has captured the imagination of many people
wanting to reside in high quality homes.
The land prices are soaring for a reason.
And because of the same reason, it is quite evident that this project is going
to be one of the most coveted ones. The real estate rates are being affected
exceedingly because of the rise in the prices. The entire spectrum and scenario
of real estate in Delhi and NCR has changed a lot due to these developments.
The rates have already shot up by 2-3 times. And there is concrete speculation
that the prices will keep rising by the time the project is ready. Have a look
at the rate at which the prices have hiked-
In Dwarka, the prices that ranged from
Rs.20-30 lakhs have jumped to almost Rs.90 lakhs – 1 crore.
Sector
13Sector 11
Current
Prices: Rs 11,213-9,314 PSF/-
Average
Price: Rs 11,264 PSF/-
Yearly
Appreciation
Current
Prices: Rs 10,286-8,300 PSF/-
Average
Price: Rs 10,258 PSF/-
Yearly
Appreciation
2010-2011
: 19%
2011-2012
: 20%
2012-2013 : 7%
This is only the sector which is
adjacent to Dwarka. This is a clear indication that if you want to benefit by
investing in property, this is your time. Make an investment and buy a home
before it’s too late or too costly!
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