Benefits of owning a Lal Dora property in New Delhi

A Lal Dora property is uniquely identified as a land that cannot be registered to your name if you purchase it. You can, however, obtain a Lal Dora certification as a proof of ownership for such land.

Located in New Delhi, these properties have witnessed significant development in the last few years.

Owning the property thus comes with several benefits listed below –

• Cheaper property rates 

As compared to rates prevalent for other properties, a Lal Dora land in Delhi comes comparatively cheaper. It is thus more affordable to purchase a property in this location.

You can conveniently avail high-value advances like loan against property to buy a plot of land in the Lal Dora region.

• House tax not applicable for houses built in a plot size of 200 sq. m. 

Another significant benefit of buying a Lal Dora property in New Delhi is that on purchase or construction of a house within a plot sized 200 sq. m., you do not require paying any house tax. Thus, you can also save on tax payment while owning a house in the Lal Dora Abadi.

• Well-connected to nearby commercial places 

Lal Dora regions in New Delhi are well-connected to prime locations situated nearby. Therefore, by owning a property in this area, you can also enjoy the proximity of essential places in Delhi. Easy accessibility to other commercial places is another added advantage.

Plus, the area also enjoys advantages of new regulations like the inclusion of plots over 1,500 sq. ft. in New Delhi’s redevelopment master plan.

Thus, if you have been planning to purchase property around Delhi, one in the Lal Dora region can be your go-to choice.

For more knowledge learn how to invest in lal dora land?