For past few months, I have been looking to invest in real estate in Delhi NCR (medium to long term investment) but we are not getting something good in our budget (40-50 lakhs). Delhi, Gurgaon and good locations in noida are way too costly. Noida extension is affordable but it has too many problems in terms of projects delays and poor infrastructure. A few day ago, I met a property agent and he has suggested me to invest in L zone residential projects where 2 bhk units (of around 1000 sq ft) are available in the range of 40 lakhs. Then I contacted various developers in the area, and almost all of them are saying the area will be a future smart city. Here are some facts and L zone Delhi details provided on a property developer's website. I am not sure whether I should invest my hard earned money in L zone properties or not. There is not much development there right now and no knows the future. Please suggest me ladies what should I do?
