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Jasola : The Next Residential Hub


Jasola : The Next Residential Hub

Last updated: July 9 2007
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  • Jasola : The Next Residential Hub

    One of the largest urban villages in Delhi, Jasola is in the focus of several construction projects at present.

    With several colonies already coming up, go-ahead to two road and bridge projects complements the increasing attention this village has been getting over last one year, Jasola is well on its way to become the next residential hub in south Delhi.

    The urban village with a population of nearly 14,000 has large tracts of land in which real estate developers are showing keen interest. The Expenditure Finance Committee of the Delhi government has approved the projects to be executed by the Public Works Department. The first will be a service road from Jasola cut to Kalindi Kunj junction, passing from near Shaheen Bagh. Costing Rs 1.25 crore and estimated to be completed within six months, the road will handle traffic flow from three directions — along Kalindi Kunj Road, Amrapali Marg from Noida Sector 37, and the west-bound Road 13 A passing through Sarita Vihar.

    The other major project will be a two-lane bridge on the Agra Canal, south-west of Kalindi Kunj junction. To be built at an estimated cost of Rs 2.4 crore, the bridge is expected to be operational within a year. The bridge will take care of the additional traffic from Noida, as well as the growth in vehicle population expected in Jasola with the other development projects in place.
    The two projects complement the already increasing attention Jasola has been getting from developers in the past one year, with large tracts of prime property waiting to be developed.

    The Delhi Development Authority has set a two-phase housing scheme in motion. The first phase has 504 plots over 20 hectares with 3,900 group housing apartments planned over nearly 29 hectares, according to a situation report. The second phase, the report says, will see 168 flats on over 6.7 hectares.

    Private developers such as Realtech have also moved in. Property rates have shot up more than 200 per cent from Rs 5,000 per square feet a year ago to Rs 20,000 per square feet now.
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