The development of 900 Gaj Cost Of Land Near Jewar Airport has positioned Jewar as one of the most promising real estate investment destinations in the National Capital Region. Hare Krishna Township Phase 2, located in the immediate vicinity of this upcoming infrastructure marvel, offers exceptional investment opportunities for those looking to acquire large land parcels. Here’s a detailed breakdown of the costs and considerations for a 900 Gaj plot in this township.
Current Pricing Structure
The current market rate for land in Hare Krishna Township Phase 2 ranges between ₹4,800 to ₹7,200 per Gaj, depending on plot location, facing, and proximity to key amenities. For a 900 Gaj plot, the basic cost calculation stands at:
Base Price Range: ₹43,20,000 to ₹64,80,000
(900 Gaj × ₹4,800 = ₹43,20,000 | 900 Gaj × ₹7,200 = ₹64,80,000)
Additional Costs
Prospective buyers must account for additional expenses that typically add 15-20% to the base cost:
- Development Charges: ₹5,00,000 – ₹7,00,000
- Infrastructure Charges: ₹3,00,000 – ₹4,50,000
- Stamp Duty and Registration: 5% of property value
- Legal and Documentation: ₹50,000 – ₹75,000
- Maintenance Charges (Annual): ₹15,000 – ₹25,000
Total Investment Range
The complete investment for a 900 Gaj plot typically falls between ₹52,00,000 to ₹78,00,000, depending on the exact location and current market conditions.
Payment Plan Options
The developer offers flexible payment plans:
- 20% down payment with balance in 30 monthly installments
- 40% down payment with price lock-in benefit
- Construction-linked payment plans available
- Special discounts for full one-time payments
Investment Potential
The proximity to Jewar Airport (approximately 8-10 km) ensures strong appreciation potential. With the airport’s first phase operational and subsequent phases underway, property values are expected to appreciate by 20-25% annually over the next five years.
1. What is the current status of infrastructure development in the township?
The township features developed roads, water supply lines, electrical infrastructure, and drainage systems. Work on community centers and parks is ongoing, with completion expected within 18 months.
2. Are there any restrictions on construction?
The township permits ground + 3 construction with 75% ground coverage. All construction plans must be approved by the developer’s architectural team to maintain community standards.
3. What payment milestones are involved?
After initial booking amount, payments are linked to development milestones: 20% on layout approval, 30% on infrastructure completion, and the balance on possession.
4. How does the airport proximity impact future value?
The airport’s development has already triggered 40% appreciation in land values over the past 18 months. Future commercial development and connectivity improvements are expected to drive further growth.
5. What legal verifications should buyers conduct?
Buyers should verify RERA registration (UP-XXXX-XXXXXX), check title documents, confirm approval status from YEIDA, and review the builder-buyer agreement thoroughly before investing.
The township offers modern amenities including 24/7 security, landscaped parks, community centers, and proximity to proposed educational and healthcare facilities. With the airport project accelerating, investing in a 900 Gaj plot here presents a compelling opportunity for both end-users and investors seeking long-term capital appreciation.
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