Lal Dora are villages in Delhi where the municipality and developments authority laws and regulations do not mandate the construction of properties.
History
The concept of Lal Dora property originated during the Raj Era in 1908. During this time, non-agricultural lands that were used for residential purposes were demarcated by a red thread; hence, the name.
Constructions in Lal Dora plots did not have to abide by any norms set forth by authorities. Moreover, the Delhi Municipality passed a mandate in 1963, which eliminated the need for permissions when constructing a property. In 1983, the municipality included 6 more villages in Lal Dora.
Present
Some of the significant locations for Lal Dora property include –
The Delhi Government has made some changes for the acquisition of lands in Lal Dora areas to regulate construction. Individuals buying a plot here have to take permission from the municipality, land and revenue department, and other relevant organisations.
Individuals interested in purchasing a Lal Dora plot can do so with the help of a secured loan. Investors can do so by knowing how to use a loan against property. Buyers have to register their plot after purchasing by availing Lal Dora certification.
Lal Dora certificates are provided to those holding a plot in such respective areas. Individuals will only be able to construct a property on the land if they have this certificate. The certificate is also necessary to avail utility connections like electricity and water.
Plot owners can avail this certificate from the official e-District website of the Delhi Government. They have to register and create an account to apply for a Lal Dora certificate.
To do that, users have to click “New User” under “Registration at e-District Delhi”. They have to provide their Aadhaar or Voter ID number and phone number. A user ID and password will be forwarded to the entered phone number.
Individuals can use this user ID and password to log in to the website. After that, they have to click “Apply For Certificates Online” under the “G2C Services category”. Next, they have to click on “Apply Now” next to “Issuance of Lal Dora Certificate”.
After that, they have to provide their personal and Lal Dora property details. The portal also requires applicants to submit a few documents like an affidavit that states the objective of availing the certificate, kahtoni, aksh shajra, ration card, etc.
The portal provides a reference number after successful application. Applicants will receive the Lal Dora certificate within 14 days.
The Lal Dora certificate may also be necessary if an individual seeks to avail a loan by mortgaging the plot. Borrowers need to know all about a loan against property before applying.
Firstly, constructing a property on a Lal Dora plot will not attract any tax. A house with a carpet area up to 200 sq. m is exempt from tax.
Secondly, another significant advantage of buying a Lal Dora property is the affordable prices. Usually, prices of plots are 1/4th to 1/10th times lower than that of those in developed localities.
Similarly, the cost of apartments in Lal Dora can range from Rs. 10 Lakh for a 1 BHK flat to Rs. 65 Lakh for a 3 BHK one.
Individuals looking to buy a plot or house can avail a loan against property to finance the purchase. NBFCs like Bajaj Finserv provide up to Rs. 3.5 Crore with such loans.
They also bring pre-approved offers that simplify the process of availing loans and help save time. Pre-approved offers come with personal loans, home loans, business loans, and several other financial products and services. Take a look at your pre-approved offer by providing only a few details.
Lastly, buying a property in Lal Dora can be advantageous owing to the locations. For example, Lal Dora areas in Uttam Nagar are close to metro stations. The same is also the case for Possangipur.
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