The development of the 100 Gaj Tappal Jewar Airport – Hare Krishna Township Phase 2 at Jewar has positioned the region as one of North India’s most promising real estate hotspots. For investors and end-users alike, securing a 100 Gaj plot (approximately 900 sq. ft.) in this burgeoning zone represents a significant opportunity. This guide details everything you need to know about such an investment.
1. Understanding the Scale: What is 100 Gaj?
In the Northern parts of India, a “Gaj” is a traditional unit of measurement for land. One Gaj is equivalent to one square yard. Therefore, a 100 Gaj plot translates to 100 square yards or approximately 900 square feet. This is a popular and manageable size for constructing a compact independent house or a bungalow, ideal for a nuclear family.
2. Prime Location and Connectivity
A plot in the Jewar Airport zone is not just about the airport itself. It places you at the epicenter of a massive infrastructure boom.
- Noida International Airport: The airport’s first phase is slated for completion in 2024, promising direct connectivity and massive employment generation.
- Yamuna Expressway: The plot will benefit from seamless access to Delhi, Noida, and Greater Noida via the Yamuna Expressway.
- Proposed Film City: The upcoming international film city nearby will further boost economic activity and demand for housing.
- Industrial & Logistics Hubs: The area is attracting major investments in logistics, warehousing, and manufacturing, ensuring long-term appreciation.
3. Investment Potential and Appreciation
The announcement of the airport has already triggered a substantial rise in land prices. A 100 Gaj plot is an attractive entry point for investors with a medium to long-term horizon. As infrastructure projects near completion, the demand for residential properties is expected to skyrocket, leading to significant capital appreciation. This plot size offers a balance between affordability and high returns.
4. Ideal for End-Use: Building Your Dream Home
For those looking to build a home, a 100 Gaj plot in a well-planned sector near Jewar Airport is an excellent choice. You can design a modern, 2-3 BHK independent house with essential amenities. Living here means future access to world-class facilities, less congestion, and a high quality of life driven by the area’s development.
5. Choosing the Right Developer and Society
It is crucial to invest in a plot within a reputable development authority or a private society with clear titles and approved layouts. Look for projects that offer:
- Proper legal documentation (RERA registration if applicable).
- Promised infrastructure like wide roads, water supply, sewage lines, and electricity.
- Proximity to key locations like the airport terminal, commercial zones, and schools.
1. What is the current price range for a 100 Gaj plot in Jewar Airport area?
Prices are dynamic and vary based on the exact location, developer reputation, and proximity to the airport terminal. As of now, prices can range significantly, but generally start from several lakhs and can go much higher for prime locations. It’s best to consult with local real estate agents for current market rates.
2. Is it safe to invest in plots in Jewar right now?
Yes, provided you conduct thorough due diligence. The project is backed by the Uttar Pradesh government and has major international partners. Always ensure the plot you are buying has a clear title, is from a credible developer, and has all necessary approvals from the local authority (like YEIDA).
3. What are the expected timelines for possession and development?
Possession timelines depend on the specific project you invest in. While the airport’s first phase is scheduled for 2024, surrounding residential infrastructure will develop in tandem over the next 5-8 years. Investing now is a strategic move for future gains.
4. Can I get a loan to buy a plot in Jewar?
Most nationalised and private banks offer plot loans (or land loans) for purchase. However, the terms and eligibility depend on the developer’s credentials and the legal status of the land. A plot in an authority-approved project makes it easier to secure a loan.
5. What kind of returns can I expect from this investment?
While exact returns cannot be guaranteed, the historical trend around major infrastructure projects like airports suggests substantial appreciation. Investors who entered early in similar zones have often seen multifold returns over a 5-10 year period as development progresses.
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