GOOD NEWS - Buyers cheer Okhla eco-zone notification


GOOD NEWS - Buyers cheer Okhla eco-zone notification



 

 
With this notification, the dream of owning a home inches closer for over 1 lakh homebuyers
With the approval of Okhla eco-zone and its notification, both, the developers and homebuyers have heaved a sigh of relief. The long-pending uncertainty over the limits of the Okhla Bird Sanctuary getting over, the notification demarks a mere 100-metre `no go' radius for construction and polluting activities around the sanctuary. This will bring relief to over 1 lakh homebuyers who had been having sleepless nights and can now breathe easy.

There are many homebuyers whose flats have been ready and possessions were delayed owing to the NGT order. Now, such homebuyers and investors can soon hope to have their homes.

Garima Sharma, who booked a flat in 2010, has been waiting to get the possession for her house in Sector-122. She, says, “When we booked the flat, the construction was in full swing, soon it was stopped owing to the NGT order.Now that it is clear, we will soon be able to get possession of our home.“ There are many others like Sharma, who will now be able to fulfill their dream of owning a home. Deepak Gupta, a businessmen who invested in a 2-BHK in Sector-137, says, “Although our project was not in the disputed zone, but it got delayed as there was no clarity. But now, we will soon move into our new home.“

It is anticipated that the move will boost the real estate industry.

 

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