The development of the 100 Gaj Authority Plots In Jewar Airport – Hare Krishna Township Phase 2 has positioned the Yamuna Expressway region as one of India’s most promising real estate hotspots. For investors seeking a secure and high-potential land investment, the 100 Gaj plots being offered by the Yamuna Expressway Industrial Development Authority (YEIDA) present a golden opportunity.
What are 100 Gaj Authority Plots?
A “Gaj” is a local unit of measurement, where 1 Gaj is equal to 1 Square Yard. Therefore, a 100 Gaj plot translates to a 100 square yard plot (approximately 83.6 square meters). The term “Authority Plots” signifies that these are developed and allotted directly by YEIDA, the government body responsible for the planned development of the region. This ensures clear title, proper infrastructure, and absolute legitimacy, eliminating the risks associated with private colonizers.
Prime Location: The Jewar Advantage
The strategic location of these plots is their biggest asset. Situated in close proximity to the upcoming Jewar Airport, the area is poised for exponential growth.
- Proximity to the Airport: The airport will act as a major economic engine, attracting logistics companies, hospitality brands, MNC offices, and a massive workforce.
- Excellent Connectivity: The plots benefit from seamless connectivity via the Yamuna Expressway, which provides quick access to Noida, Greater Noida, and Delhi. The planned Metro extension and the dedicated freight corridor will further enhance accessibility.
- Planned Infrastructure: YEIDA ensures the development of wide roads, underground electricity, sewer lines, water supply, and parks, creating a modern and livable environment.
- High Appreciation Potential: As infrastructure develops and the airport becomes operational, the demand for residential and commercial land in the vicinity is expected to surge, leading to significant capital appreciation.
The Allotment Process
YEIDA typically allots these plots through a transparent lottery-based system. The process generally involves:
- Launch of Scheme: YEIDA announces a new housing or plot scheme, notifying the public about the number of plots, sizes, and sectors.
- Application Submission: Interested buyers submit their applications within a specified deadline along with the required application fee.
- Draw of Lots: A computerized lottery is conducted to randomly select successful allottees, ensuring a fair and unbiased process.
- Allotment and Payment: Selected applicants are issued an allotment letter and can then proceed with the payment as per the flexible payment plan offered by YEIDA.
Who Should Invest?
- Long-Term Investors: Ideal for those looking to build a tangible asset with high returns over a 5-10 year horizon.
- End-Users: Individuals planning to build their dream home in a well-connected, futuristic city.
- First-Time Investors: A secure option for new investors due to the government-backing and transparent process.
1. What is the exact size of a 100 Gaj plot?
A 100 Gaj plot is equivalent to 100 square yards, which is approximately 83.6 square meters or 900 square feet.
2. How can I apply for a YEIDA plot in Jewar?
You must wait for YEIDA to officially announce a new plot scheme. The application process is entirely online through the official YEIDA website (https://yeida.in/), where you can fill out the form and pay the application fee during the application window.
3. What is the current price of these plots?
The price is not fixed and is determined by YEIDA for each new scheme. It is typically based on the sector’s location, development stage, and prevailing market rates. Prices are usually quoted per square meter. It is best to check the official scheme brochure for accurate pricing.
4. Is buying an Authority plot safer than buying from a private builder?
Yes, absolutely. Authority plots are allotted by a government body (YEIDA), guaranteeing a clear and marketable title. The development of basic infrastructure like roads, water, and electricity is assured, which significantly reduces risk compared to private land deals.
5. What are the payment terms for YEIDA plots?
YEIDA offers flexible payment plans to ease the financial burden on allottees. This generally includes a down payment at the time of allotment, followed by several instalments spread over the construction period, with the final payment due at the time of possession.
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