The transformative development of the 400 Gaj Cost Of Land Near Jewar Airport has positioned surrounding areas as prime real estate investment hubs. Hare Krishna Township Phase 2 is among the promising residential projects capitalizing on this growth. For investors and future homeowners considering a larger plot, understanding the cost of a 400 Gaj property is essential.

A “Gaj” is a standard unit of measurement in North Indian real estate, equivalent to one square yard. Therefore, a 400 Gaj plot encompasses 400 square yards of land, offering ample space for building a spacious home with a garden or for a pure investment hold.

The total cost of the plot is not a single figure but an amalgamation of several components:

1. Base Price: This is the fundamental cost of the land per Gaj. Current market rates in developing townships like Hare Krishna Township Phase 2 near Jewar can range from ₹ 4,800 to ₹ 7,200 per Gaj. The final price within this band depends on the plot’s specific location—corner plots or those facing parks often command a premium.
2. Total Basic Land Cost: For a 400 Gaj plot, the calculation before additional charges is:
   • Lower Range: 400 Gaj x ₹ 4,800 = ₹ 19,20,000
   • Upper Range: 400 Gaj x ₹ 7,200 = ₹ 28,80,000
3. Additional Charges: These are mandatory fees levied by the developer for creating infrastructure and legal formalities. They significantly impact the final cost and include:
   • Development Charges: For internal roads, drainage, water lines, and electrical cabling.
   • Club Membership Charges: A one-time fee for access to community amenities.
   • PLC (Power Line Charges): For the establishment of electrical infrastructure.
   • Stamp Duty & Registration: A government tax, typically 5-7% of the plot’s value, required for legal registration.
   • Legal & Documentation Fees.

Estimated Total Investment:
When all additional charges are factored in, the total closing cost for a 400 Gaj plot in this township can realistically range between ₹ 22,00,000 and ₹ 33,00,000. Prospective buyers must request a detailed itemized cost sheet from the developer to avoid any hidden surprises.

Investment Potential:
The primary value driver is the plot’s proximity to the Jewar Airport, a project set to become a major economic engine for the National Capital Region (NCR). This guarantees robust infrastructure development, leading to substantial property appreciation and high rental demand in the coming years.

1. Is Hare Krishna Township Phase 2 RERA-approved?
Always verify the legal status. A legitimate project must be registered with the Uttar Pradesh Real Estate Regulatory Authority (UPRERA). Ask the developer for the project’s unique RERA registration number and check its status on the official UPRERA website before investing.

2. What amenities are provided within the township?
Standard amenities often include 24/7 security, paved roads, water supply, sewage systems, parks, and community centers. Some projects offer advanced facilities like a clubhouse or gym. Confirm the exact list and the completion timeline for each amenity.

3. What payment plan options are available?
Developers typically offer construction-linked plans or flexible installment schemes spread over a period. Some may offer a discount on a one-time lump sum payment. Scrutinize the payment schedule and understand the implications of any missed installments.

4. Why is location near Jewar Airport beneficial?
The airport will act as a catalyst for commercial and industrial growth, attracting a large workforce and supporting businesses. This creates a strong demand for housing, ensuring capital appreciation and making it an ideal investment for future returns.

5. Can I get a home loan to purchase this plot?
Yes, most nationalized and private banks offer plot loans (or land loans) for purchasing residential plots in approved colonies. The loan-to-value (LTV) ratio is usually lower than for a ready-to-move-in house, often capping at 70-80% of the plot’s value.