The development of the 900 Gaj Jewar Airport Plot Rate – Hare Krishna Township Phase 2 has positioned the Jewar region as a premier destination for strategic real estate investment. For serious investors, developers, and corporations, a 900 Gaj plot (equivalent to 8,100 sq ft or 753 sq m) represents a significant land banking opportunity. This is not merely a plot for a single home; it is a substantial asset with the potential for phased development, a multi-unit residential project, or a long-term capital appreciation play that fully capitalizes on the Aerotropolis economy. Understanding the pricing and potential of such a large parcel is essential for high-value investment decisions.

Current Market Valuation for 900 Gaj Plots

The market for plots of this size is specialized, with pricing influenced by development potential and attractiveness to commercial buyers. Transactions are often negotiated based on the total land value rather than just a per-unit rate.

• Investment Range: As of 2024, a 900 Gaj plot in a well-located, YEIDA-approved sector within a 5-7 km radius of the airport can command a total price between ₹ 54 lakh and ₹ 1.35 crore. Premium plots with exceptional connectivity, completed infrastructure, and high Floor Area Ratio (FAR) can exceed this range. Purchasing at this scale often allows for negotiation, potentially securing a favourable per Gaj rate.
• Critical Value Determinants:
  • Development Potential (FAR): The permitted Floor Area Ratio (FAR) by YEIDA is a primary value driver. A higher FAR allows for more vertical construction, dramatically increasing the plot’s potential ROI and appealing directly to developer interest.
  • Infrastructure Completeness: Plots within fully developed colonies—featuring wide paved roads, underground utilities, water lines, and sewage systems—command a significant premium over plots in promising but undeveloped areas.
  • Location and Access: Proximity to the airport cargo terminal, the Yamuna Expressway, and proposed commercial hubs directly influences price. Plots with direct road frontage are particularly valuable.
  • Unencumbered Title: For a investment of this magnitude, a 100% clear, litigation-free title with all necessary approvals is non-negotiable. Any legal ambiguity can drastically reduce the plot’s market value and financing options.

Strategic Investment Potential and Outlook

A 900 Gaj plot is a long-term, strategic asset. Its appreciation is directly tied to the phased development of the airport and its ancillary infrastructure:

• Phased Appreciation: The operationalization of Phase 1 (late 2024) will provide the first major value catalyst. Subsequent phases will continue to drive growth.
• Aerotropolis Demand: The growth of logistics, commercial offices, and hospitality sectors will create sustained demand for high-quality residential and mixed-use developments, for which this plot size is ideal.
• Scarcity and Value: As construction accelerates, large, contiguous plots will become increasingly scarce, solidifying their premium status and value.

1. What is a realistic per Gaj rate I should target for a 900 Gaj plot?
While market rates range from ₹6,000 to ₹15,000 per Gaj, for a large 900 Gaj purchase, investors can often negotiate a rate towards the lower end of the spectrum (e.g., ₹6,000 – ₹8,000 per Gaj) due to the high total transaction value. Focus on the total price rather than just the per-unit rate.

2. Can this plot be subdivided and sold later?
Subdivision is possible but subject to YEIDA’s prevailing bylaws and approval. There may be minimum lot size requirements. The process involves legal fees and approval costs. While subdividing can increase liquidity, it often involves significant administrative effort.

3. How does the Floor Area Ratio (FAR) directly impact my investment?
FAR determines how much you can build. For example, a FAR of 2.0 on a 900 Gaj (8,100 sq ft) plot allows you to construct up to 16,200 sq ft of covered space. A higher FAR makes your plot exponentially more valuable to developers, as it allows for greater density and return on investment.

4. What are the financing options for such a large plot purchase?
While larger plot purchases are often made with significant equity, financing is available. Banks offer plot loans, but they typically finance only up to 70-80% of the value* and strictly require the plot to be within a YEIDA-approved colony. Terms for large plots are often negotiated on a case-by-case basis.

5. Is this a good investment for an NRI or someone living abroad?
Yes, absolutely. NRIs can freely purchase such plots under RBI guidelines. The long-term growth story of the airport is clear. However, managing the investment from abroad requires a trusted local representative, a reliable property lawyer, and a reputable property management company to handle taxes, maintenance, and oversight.