The development of the 400 Gaj Authority Plot In Jewar – Hare Krishna Township Phase 2 has positioned the region as one of North India’s most promising real estate hubs. Among the various plot sizes available, the 400 Gaj plot stands out as a perfect balance for investors and end-users seeking a substantial yet manageable property. This guide provides a detailed overview of what a 400 Gaj plot in the Jewar Authority area entails.
1. Understanding the Plot Size: 400 Gaj
In the context of land measurement in North India, “Gaj” is a common unit. One Gaj is equivalent to one square yard.
- Conversion: 400 Gaj = 400 Square Yards.
- In Square Feet: Since 1 Gaj = 9 Square Feet, a 400 Gaj plot equals 3,600 Square Feet.
- In Square Meters: This is approximately 334 Square Meters.
This size is ideal for building a spacious single-family home with a lawn, car parking, and modern amenities.
2. Location and Authority
The term “Authority Plot” signifies that the land is developed and sold by a government body, such as the Yamuna Expressway Industrial Development Authority (YEIDA) or the Jewar Authority. This is a critical distinction from private colonizer plots, as it offers:
- Clear Title: Reduced risk of legal disputes.
- Approved Layout: The layout plan is sanctioned by the authority, ensuring proper infrastructure planning.
- Infrastructure Development: Direct access to roads, water supply, sewage lines, and electricity grids developed by the authority.
3. Key Advantages of Investing in a 400 Gaj Plot
- Proximity to the Airport: Being within the Jewar Airport Authority zone means your investment is directly linked to the economic growth driven by the airport’s operations, logistics parks, and MRO facilities.
- Future Appreciation: Infrastructure projects like the upcoming Jewar Airport, Film City, and enhanced connectivity via the Yamuna Expressway promise significant capital appreciation over the medium to long term.
- Ideal for Custom-Built Homes: A 3,600 sq. ft. plot offers ample space to design and construct a villa or a bungalow tailored to your specific needs and lifestyle.
- Rental Potential: Once developed, the property can generate substantial rental income, especially with the influx of professionals associated with the airport and related industries.
4. What to Consider Before Buying
- Verification of Authority Allotment: Always check the original allotment letter from YEIDA or the relevant authority.
- Payment of Dues: Ensure all instalments and dues to the authority have been cleared by the seller.
- Land Use Zoning: Confirm the plot is designated for residential use.
- Physical Site Visit: Inspect the exact location, current development status of the surrounding area, and accessibility.
1. What is the exact size of a 400 Gaj plot?
A 400 Gaj plot measures 400 Square Yards, which is equivalent to 3,600 Square Feet or approximately 334 Square Meters.
2. Which authority oversees these plots in Jewar?
The primary authority is the Yamuna Expressway Industrial Development Authority (YEIDA). Plots are often part of planned sectors developed and allotted by YEIDA.
3. What is the current price range for a 400 Gaj plot in Jewar?
Prices are dynamic and depend on the exact sector, proximity to the airport, and existing infrastructure. As of [Current Year/Date], prices can range significantly, but they generally fall between ₹X,XXX to ₹X,XXX per square foot. It is crucial to consult with local registered dealers for the most accurate and current pricing.
4. Is it safe to buy a resale Authority plot?
Yes, buying a resale plot from the original allottee can be safe, provided you conduct thorough due diligence. This includes verifying the original allotment letter, ensuring all payments are made to the authority, obtaining a No-Objection Certificate (NOC) from the authority for the transfer, and having the sale deed executed properly.
5. What are the future prospects for real estate in Jewar?
The future looks exceptionally bright. With the Noida International Airport becoming operational in phases, the area is set to become a major economic corridor. This will attract multinational corporations, logistics companies, and a large workforce, driving up demand for both residential and commercial properties, leading to substantial appreciation.
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