The development of the 400 Gaj Plot Rate Near Jewar Airport – Hare Krishna Township Phase 2 at Jewar has transformed the surrounding region into one of North India’s most dynamic real estate hotspots. For investors and end-users alike, a 400 Gaj plot (equivalent to 3,600 square feet or approximately 334 square meters) represents a popular and manageable land parcel size. Understanding the current rates and the factors driving them is crucial for making a sound investment.

The price for a 400 Gaj plot near Jewar Airport is not a single fixed figure but a range influenced by several key variables. As of 2024, here’s a detailed breakdown.

Current Price Range for a 400 Gaj Plot

The general price range for a 400 Gaj plot in the Jewar Airport influence zone typically falls between ₹ 40 Lakhs to ₹ 1.2 Crores. This wide range can be broken down into more specific categories based on location and development:

1. Primary & Direct Influence Zones (Yamuna Expressway Sectors): Plots within developed sectors of the Yamuna Expressway Industrial Development Authority (YEIDA), such as Sectors 17, 18, 20, and 22D, command the highest prices. Here, rates can range from ₹ 90 Lakhs to ₹ 1.2 Crores for a 400 Gaj plot. These areas offer developed infrastructure, legal security through YEIDA, and high appreciation potential.
2. Secondary & Emerging Zones (Near Upcoming Sectors): Locations a little further from the immediate airport boundary but still within a 10-15 km radius, such as parts of Jewar Bangar or other developing villages being integrated into the urban fabric, see moderate prices. The range here is generally ₹ 60 Lakhs to ₹ 85 Lakhs for a 400 Gaj plot.
3. Affordable & Peripheral Zones (Village Sectors): Plots in the DND-Knowledge Park IV area or other village sectors that are yet to see full-scale infrastructure development are the most affordable. Prices here can start from ₹ 40 Lakhs to ₹ 60 Lakhs for a 400 Gaj plot. This category carries higher risk but also the potential for significant growth as development spreads.

Key Factors Influencing the Plot Rates

Several factors contribute to this price variation:

• Exact Proximity to the Airport: The closer the plot is to the airport boundary and proposed terminals, the higher the premium. Land for commercial and logistical support services drives up demand.
• Developer and Legal Clarity: Plots developed by YEIDA or other reputable private developers with clear titles and approved layouts are more expensive than agricultural land or plots in unauthorized colonies.
• Infrastructure Development: The presence of constructed roads, water supply, electricity, and sewer lines significantly increases land value. A plot in a sector with completed infrastructure will be priced much higher than one in a promised development.
• Future Growth Potential: Locations near proposed metro extensions, the Film City, or the Multi-Modal Logistics Hub (MMLH) attract speculative investment, pushing prices upward.

1. What is the exact current rate per Gaj near Jewar Airport?
There is no single “exact” rate. The price per Gaj can vary from ₹ 10,000 to over ₹ 30,000, depending on the specific factors mentioned above. It is essential to physically visit the site and consult with multiple local realtors to get a realistic quote for your chosen location.

2. Is it safe to buy a plot in the Jewar Airport area?
Yes, provided you exercise due diligence. Always prefer plots from government authorities like YEIDA or highly reputed private developers. Ensure the land has a clear title, is free from litigation, and all necessary approvals from the local authority are in place. Avoid deals that seem too good to be true.

3. What is the difference between a 400 Gaj and a 1 Bigha plot?
The conversion between Gaj and Bigha is not standardized across India and varies by region. In the Uttar Pradesh area around Jewar, 1 Bigha is typically considered to be equal to 2,500 Gaj. Therefore, a 400 Gaj plot is significantly smaller than a 1 Bigha plot.

4. How will the Jewar Airport completion affect plot prices?
The completion and operationalization of the airport is expected to be a major catalyst for price appreciation. It will accelerate infrastructure projects, attract multinational corporations, hotels, and logistics companies, creating massive employment and driving up real estate demand. While some growth is already priced in, long-term steady appreciation is anticipated.

5. Can an NRI buy a 400 Gaj plot in the Jewar Airport region?
Yes, Non-Resident Indians (NRIs) are permitted to purchase residential and commercial plots in India under the guidelines of the Reserve Bank of India (RBI) and the Foreign Exchange Management Act (FEMA). The process is straightforward, though it is highly recommended to use a legal advisor specializing in NRI real estate transactions to ensure a smooth process.