Under the Deen Dayal Plots Scheme, developers having a land parcel of over 5 Acres can apply for a license and develop a high-density residential colony, which means that the plot sizes would be smaller and offering more families to live in these colonies. The plot sizes under the Deen Dayal Scheme start from 60 Sq. Mtrs. to 150 Sq. Mtrs. The Deen Dayal Plot Scheme is inspired by the PM Jan Awas Yojana, with a sole purpose of creating opportunity for housing for all in the country. Bestech Deen Dayal Plots in Gurgaon are likely to be launched soon and will offer the opportunity to own a low cost residential plot in the prime location of Gurgaon.
While there have been a few recent launches of Residential Plots under the Deen Dayal Plots Scheme by some of the smaller developers in Gurgaon, however, the scale and size of such residential developments have been small. By virtue of being small land parcels, the developments of the colonies are also small. As for a larger player entering this segment, Bestech would be the first to take the lead in development of Deen Dayal Plots, followed by other larger players also looking at this segment as great opportunity to offer affordable plots to consumers in Gurgaon. History has it, that for a good residential colony, the size of the colony does matter. The larger the colony, the more traction it seems to get from the consumers. Understandably so, the larger the size of the colony, there would be more parks, better open areas, more dwellings, more people and this all adds up to the desirability factor from liveability point of view. In case of Bestech the acquired land parcel is large and is likely to be developed in multiple phases. Initially, the development is likely to be for about 50 Acres approximately with a possibility of a follow up development of another 30 acres in future.
Deen Dayal Plots by Bestech can be an exciting possibility in the future to create value for the discerning buyers looking for affordable priced small plot sizes to build their dream homes. As a quality conscious developer, the development, and sales of any such plots will only begin once the relevant licenses are acquired and the RERA is established for the proposed project. As for now, it is a wait and watch for how things pan out on this possibility of Bestech Plots under Deen Dayal Scheme.
As for the consumers, while it is certainly a cheerful moment as this could be an interesting opportunity in times to come to explore these low cost, affordable residential plots in future as and when the developers come up with such opportunities of Deen Dayal Plots in Gurgaon. The word of caution is for consumers to consider the credibility of the developers who have been launching recent Deen Dayal Plots. While investing for self-use or as an investor, one of the most important aspects of investment is the security of the capital being deployed. Predicting the market movements may be an uphill task for anyone and may be influenced by selfish motives in some cases, however, when it comes to taking cognizance of the basic criteria like the quality of developer, the credibility, and the existing standing of the developer along with the past track record of deliveries and promises kept by the developer in the past are some of the most important factors to consider. In our opinion, Bestech Gurgaon scores well, when it comes to these few criteria of being a Credible Developer of Real Estate in Gurgaon.